Seoul police reportedly investigating South Korea’s largest crypto exchange Bithumb
Another exchange in South Korea comes under the police spotlight. Go to Source Powered by WPeMatico
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Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades
Police in South Korea on Wednesday raided and seized the offices of Coinbit, the country’s third largest crypto exchange, over allegations it faked 99% of its trading volume. According to a report from Seoul News, local police took control of Coinbit’s headquarters in Gangnam as well as other sites elsewhere. Police accuse the exchange’s owner … Read more
Study: Exchanges Accepted $1.3 Billion in Bitcoin Stemming from ‘High-Risk Addresses’
A recently published report from the research and analysis firm Peckshield indicates that during the last two quarters of 2020, cryptocurrency exchanges accepted 147,000 BTC ($1.3 billion) from high-risk addresses. During the last few years, blockchain research and surveillance firms have been classifying “risk levels” to specific transactions stemming from suspicious addresses and wallets. For … Read more
Bithumb Exchange to Reportedly File for IPO in South Korea
The South Korean exchange is reportedly looking into a stock market launch despite local regulatory uncertainty. Go to Source Powered by WPeMatico
Inflation-Busting Cryptocurrency Zimbocash Receives Listing on Bithumb
Zimbabwe’s Zimbocash project got closer to its goal of providing a sound-money alternative to the hyperinflation of the local currency. Go to Source Powered by WPeMatico
Monero Will Soon be Removed From Bithumb
Bithumb is set to become the latest Asian crypto exchange to officially remove Monero from its platform. Not due to its privacy aspects, but rather because XMR is used to buy and sell illegal pornographic material. It has been coming for some time now, but Bithumb has finalized its decision on Monero. Bithumb Gets rid … Read more
Seeking Profits: A Number of Large Crypto Exchanges Are Mining and Staking Digital Assets
During the last 12 months, large cryptocurrency exchanges have been getting into digital currency staking and creating SHA256 mining operations. Just recently, Binance announced the launch of its mining pool following exchanges like Okex, and Huobi. Alongside this, a great number of crypto exchanges are staking proof-of-stake (PoS) coins, which have caused some grievances among … Read more
Weeks After Bitcoin’s Record Deleveraging, Bithumb Launches 5x Margin Trading
Citing customer demand, Bithumb Global has introduced 5x margin trading just weeks after the largest deleveraging event in the history of the Bitcoin Go to Source Powered by WPeMatico
Bithumb Global Launches Margin Trading for Bitcoin and Ether Pairs with Tether
Bithumb Global rolls out margin trading for international users, urging traders to keep their strategies “appropriate” to their financial situation Go to Source Powered by WPeMatico
Bithumb Futures Announces its Official Launch with Key Industry Experts Joining the Executive Management Team
Bithumb Futures, a global digital asset derivatives trading platform registered in Seychelles, has announced a Bitcoin Perpetual Contract (BTC/USDT) with up to 100x leverage as an introductory product for its inaugural launch. The platform is now accepting global users to register (except the countries prohibited by local regulations) and offers a very competitive referral program. … Read more