Just One of Korea’s ‘Big Four’ Bitcoin Exchanges Profited in Crypto Winter 2018

2019-4-17 15:37

By CCN. com: South Korea is the fourth most active country in the world in crypto trading, per Coinhills. This, however, did not count for much as three of the country’s top four bitcoin exchanges recorded losses in 2018.

The big four are Upbit, Bithumb, Coinone and Korbit. According to Business Korea, only Upbit recorded a profit among the four. The largest loss was incurred by Bithumb. Last week, its parent company BTC Korea. com announced a net loss of 205. 4 billion Korean won ($180. 7 million) for 2018. The losses were largely attributed to the fall in the value of the cryptocurrencies

The post Just One of Korea’s ‘Big Four’ Bitcoin Exchanges Profited in Crypto Winter 2018 appeared first on CCN

.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 67344.1 (+0.09%)
Объем 24H $26.621b
Изменеия 24h: -1.24 %, 7d: -3.04 %
Cегодня L: $67158.23 - H: $68812.85
Капитализация $1327.022b Rank 1
Цена в час новости $ 5484.44 (1127.91%)

korea four 2018 exchanges crypto big bitcoin

Источник: ccn.com

korea four → Результатов: 21


South Korean cryptocurrency exchanges pool data to counter money launderers

Laundering funds with cryptocurrencies in South Korea could soon become a thing of the past if four of the country’s exchanges have their way. According to a local media report, Bithumb, Upbit, Corbit and Coinone have cobbled together to share ‘real-time’ wallet information on any suspicious activity linked to phishing attempts and pyramid schemes.

2019-1-28 20:10


Фото:

New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner

Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic.

2018-9-15 01:22


Bithumb to stop issuing virtual accounts, cites non-renewal of bank contract as reason

According to investment banking industry sources, cryptocurrency exchange platform Bithumb has decided to stop issuing new virtual accounts after 1st August. The acclaimed exchange platform, considered as one of the four biggest in South Korea, failed to renew their contract with Shinhan Bank after it got annulled. Soon after this, the exchange decided to apply […]

2018-8-2 15:47


Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Korean crypto markets hit 2-year trade volume peak

In Q1 2024, Korean crypto markets witnessed their highest trade volume in over two years, with KRW overtaking USD in cumulative trade volume, Kaiko says. Trade volume in Korean crypto markets soared to its highest level in over two years…

EU securities watchdog: 10 exchanges dominate 90% crypto trades

The crypto market appears to be highly concentrated, as only 10 exchanges process around 90% of all trades, according to a recent study done by the European securities regulator. A recent study conducted by the European Securities and Markets Authority…

Bithumb’s annual revenue down by nearly 60% in 2023, report says

Bithumb disclosed an operating loss of 14.9 billion won ($11 million) in 2023, citing a 58% revenue drop and Q4’s fee-free policy as contibuting factors. South Korea’s cryptocurrency exchange Bithumb has revealed an operating loss of 14.9 billion won (~$11…