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One of South Korea’s largest cryptocurrency exchanges, Bithumb, has published its first audit report, detailing its financial performance as well as crypto reserves worth approximately $6 billion kept in 12 cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space $6 Billion Worth of Coins South Korea’s second largest cryptocurrency exchange Bithumb recently released its … Read more
Bithumb is a powerful cryptocurrency entity in South Korea as of right now. The company has made a lot of positive headlines, and they will continue to expand their reach as well. A new venture has been announced which involves a P2P payment platform for social media. It’s an interesting concept well worth paying attention … Read more
According to local reports, the South Korean exchange Bithumb has released the firm’s 2017 revenue and the exchange made 171 times more than the previous year. Also read: Japan Revises Registration Rules for Cryptocurrency Exchanges Bithumb’s revenue has increased 171-fold One of South Korea’s largest digital asset trading platforms has seen an increase in revenue that … Read more
South Korean cryptocurrency exchange Bithumb is launching a P2P payment platform for social media including social networking sites and blogs. The exchange is also preparing to sell 12,500 kinds of mobile vouchers from 600 brands. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Social Media Crypto Payment System The second largest crypto … Read more
South Korean police have arrested four high-ranking representatives of two cryptocurrency exchanges, including Coinnest’s CEO. They were detained on arrest warrants issued after a fraud investigation, prosecutors said. The executives are accused of embezzling funds belonging to customers and may face additional charges. Also read: Three South Korean Crypto Exchanges Raided for Diverting Funds Suspects … Read more
The crypto markets are experiencing a slight downward trend today, bringing BTC back below $7,000. #NEWS Go to Source Powered by WPeMatico
Bithumb has announced a new partnership with Korea Pay Services in a move meant to promote the use of cryptocurrencies for payments in retail outlets. The partnership will give Bithumb users the ability to use cryptocurrencies to make payments at offline stores. OVER 6,000 STORES TO BENEFIT Korea Pay Services is a mobile payment processor that processes … Read more
It is evident there is still a lot of work to be done when it comes to making cryptocurrency go mainstream. Few merchants accept Bitcoin payments as of right now, and it remains unclear if and when this situation will improve. In South Korea, things are slowly heading in the right direction. South Korea and Cryptocurrency … Read more
The Kakao-backed cryptocurrency exchange Upbit has launched a system to reward users for identifying fraudulent multi-level schemes related to cryptocurrencies. The exchange has already identified and reported 20 such schemes to the police. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Reporting Illegal Schemes South Korea’s largest cryptocurrency exchange Upbit has invited … Read more
The Korean central bank has released the results of its nationwide poll which includes information about cryptocurrency acceptance. Among 25,011 poll participants, 40% of young adults are eager to possess cryptocurrencies, according to local media. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Korean Central Bank’s Crypto Poll The Bank of Korea … Read more