2025-9-4 12:15 |
South Korea’s Bithumb experienced a technical outage that caused significant damages to users who relied on the app for trading activities. The platform stopped working for 1 hour and 40 minutes. origin »
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Bithumb’s latest outage has reignited concerns over exchange reliability and user protection in South Korea’s crypto market.
2025-9-4 12:04 | |
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The declaration of Martial law in South Korea on December 3, 2024, caused chaos for crypto exchanges like Upbit and Bithumb. The crypto exchanges experienced downtimes as investors rushed to manage their assets.
2025-1-23 16:54 | |
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Bithumb had a one and half hour outage that caused customers to lose funds. South Korean Supreme Court has ordered the exchange to pay the customers for the damages. Initially, a district court had ruled in favour of the exchange but the ruling was later overturned.
2023-1-17 14:18 | |
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November 11, 2020 — Ethereum infrastructure provider Infura suffered a significant service outage earlier today. The incident, which was initially reported as an issue with the Ethereum network itself, caused numerous crypto exchanges, including Binance, Bithumb, Upbit, and Crypto.
2020-11-12 14:13 | |
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Upbit is inching toward a future Nasdaq debut thanks to a corporate tie-up involving Naver and Dunamu (a $14.5 billion equity exchange).
With Washington tightening the screws on North Korea’s crypto-funded nuclear weapons programme, South Korea says it’s open to rethinking its own sanctions playbook. During a recent interview, South Korean Vice Foreign Minister Kim Ji-na told local media that “coordination between…
Binance is facing renewed scrutiny from South Korean lawmakers after a parliamentary hearing this week reignited calls for the exchange to compensate victims of GOPAX’s failed GoFi deposit program. South Korean lawmakers are intensifying pressure on Binance to fulfill a…
Binance holds a 67% stake in Gopax, acquired in February 2023. A $4. 3 billion US settlement eased regulatory concerns in South Korea. Gopax faced a $47 million liquidity shortfall linked to Genesis Global Capital.
Binance is finally making progress with its South Korea re-entry after over two years of delay, as authorities have reopened their review of the exchange’s long-stalled takeover of local crypto exchange Gopax.
Hwang Jung-eum, a South Korean actress and K-drama star, was handed a suspended prison sentence for embezzling $3 million from her agency to invest in cryptocurrency. According to a report from local media outlet Korea JoongAng Daily, Hwang has been…
South Korean regulators have moved to quell a brewing risk in crypto exchanges. The new regime bans high-risk leveraged loans and institutes a strict 20% interest cap, citing serious concerns over investor protection and market stability. On September 5, South…