South Korea’s ‘Kimchi premium’ is back: Is the Bitcoin rally starting to heat up?
Demand for Bitcoin in South Korea is heating up as the country’s BTC premium rises over 5%. Go to Source Powered by WPeMatico
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South Korean internet giant Naver reportedly joins Bithumb stake race
Naver is reportedly looking to strengthen its position in the crypto industry with a potential equity stake in South Korea’s largest crypto exchange. Go to Source Powered by WPeMatico
Morgan Stanley rumored to be eyeing stake in top Korean exchange Bithumb
Korean media has reported that Morgan Stanley is in talks with Bident — who owns a 10% of Bithumb Korea. Go to Source Powered by WPeMatico
Korean crypto exchanges could soon face fines for gaps in due diligence measures
South Korean financial regulators are developing a penalty regime for Anti-Money Laundering and Know Your Customer violations by cryptocurrency exchanges. Go to Source Powered by WPeMatico
Korean crypto exchange Bithumb toughens up its Anti-Money Laundering measures
The operator of South Korean cryptocurrency exchange Bithumb has placed restrictions on trading accounts registered in jurisdictions that are deemed to be too lax in curbing money laundering. Go to Source Powered by WPeMatico
South Korean Court Orders Bithumb to Compensate Users for an Accidental BTC Withdrawal Case in 2018
A South Korean court ordered one of the biggest domestic crypto exchanges to compensate victims of an “accidental withdrawal” incident in 2018. Bithumb has been ordered to pay customers who withdrew their bitcoin funds to an unknown wallet. Funds Ended Up in a Wallet With an Unknown Owner According to Fn News, six Bithumb customers … Read more
South Korean gaming conglomerate Nexon denies plans to acquire Bithumb
Reports last week had claimed that Nexon was poised to acquire the exchange at an evaluated price of roughly $460 million. Go to Source Powered by WPeMatico
Report: Major gaming conglomerate Nixon prepares to acquire Bithumb
South Korean media has reported that Nexon, a multi-billion dollar conglomerate led by CEO Kim Seong-Ju, plans to acquire the country’s largest cryptocurrency exchange. Go to Source Powered by WPeMatico
Steve Wozniak-backed token WOZX skyrockets ahead of second listing
“The Woz” makes a big impression in the crypto space as his newly-launched token WOZX records 26X gains after only five days of trading. Go to Source Powered by WPeMatico
Bithumb crypto exchange temporarily closes some offices due to COVID-19
Bithumb’s offline support center in Gangnam is closing down due to COVID-19. Go to Source Powered by WPeMatico