South Korean Prosecutors Arrest Executive Linked to Crypto Exchange Bithumb: Report

2023-2-3 11:37

Kang Jong-hyun, a former chairman at South Koean cryptocurrency exchange Bithumb has been arrested on Thursday.

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Bithumb’s acquisition deal hits a snag

Over a year ago, Singapore based, BK Global Consortium acquired popular South Korean cryptocurrency exchange, Bithumb by buying a controlling share from the exchange. The Singapore-based consortium was led by plastic surgeon Kim Byung-gun who had bought 50% plus one share of the exchange’s Bitcoin holding company for about 400 billion won, which amounted to […] The post Bithumb’s acquisition deal hits a snag appeared first on AMBCrypto.

2019-9-30 10:25


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South Korea Exchange Bithumb Stops Withdrawls After Hack

$30 million worth of undisclosed cryptocurrencies has been stolen from Bithumb, one of the largest crypto exchanges in South Korea by trading volume. As it was officially announced the Seoul-based crypto exchange Bithumb had become a victim of a hack and had lost $30 million worth of undisclosed cryptocurrencies. Currently, Bithumb is considered to be

2018-6-20 13:47


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Crypto Exchange Bithumb prevents retreats after the $ 31 million hack

Bithumb, one of the largest cryptocurrency exchanges in South Korea by trading volume, is halting deposit and withdrawal services after hackers stole 35 billion won ($31 million) from the platform. The company said in an announcement today that the hack happened between late Tuesday night and early Wednesday morning local time. Although Bithumb has yet to

2018-6-20 13:29


Breaking News: Bithumb Hacked For $30 Million In Cryptocurrencies, Market Drops

Bithumb, one of the largest exchanges in Asia, just broke the news that it has been hacked, with the hackers reportedly stealing over $30 million worth of cryptocurrencies. Bithumb Wallet Change Backfires At 12:49 UTC on June 19th, Bithumb announced that they would be temporarily suspending deposits due to a change in wallets with their exchange.

2018-6-20 04:33


Bithumb Lists Cardano (ADA) and Status Token (SNT), Prices React

Amid the ongoing overall market correction, Cardano (ADA) and Status Token (SNT) surge in price following Bithumb’s announcement that it will list both cryptocurrencies on its exchange. ADA and SNT to be Listed on Bithumb Bithumb, which is currently the sixth largest cryptocurrency exchange by means of trading volumes according to CoinMarketCap, announced that it will be adding Cardano and Status Token to its trading lists.

2018-6-15 07:00


Bithumb south korean exchange cleared by government

After a three-month long investigation, the South Korean government cleared Bithumb crypto exchange with no evidence of wrongdoing found, a local media report on June 8. The government, which described the investigation as intense and extensive, ran a full audit of the exchange’s dealings by building up a search and seizure operation on the exchange’s […]

2018-6-12 02:22