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Bithumb – Page 22 – DIGIT INFO

Hong Kong and Singapore Emerge as New Meccas for Token Sales

Two countries have recently emerged as the new Meccas for token sales following bans in China and South Korea. The number of initial coin offerings in Singapore and Hong Kong has skyrocketed in recent months, as companies seek a favorable environment to raise funds outside their home countries. Also read: Yahoo! Japan Confirms Entrance Into the … Read more

Korean Exchange Bithumb Has Reserves Worth $6 Billion in 12 Cryptocurrencies

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’s Revenue Last Year Jumps 171-Fold Compared to 2016

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

Korean Crypto Exchange Launching Social Media P2P Payment System

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

CEO of Korean Exchange Coinnest among Four Arrested for Fraud

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

Bithumb and Korea Pay Services Partner to Promote Retail Use of Crypto

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

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