Bithumb

Highlights: Bithumb has partnered with SSI Digital to build a regulated crypto exchange in Vietnam. Vietnam crypto license rules limit approvals to five exchanges during the pilot program. Bithumb is expanding into Vietnam while facing IPO delays in South Korea. […]

Highlights: Bank of Korea wants crypto exchanges to use circuit breakers after Bithumb’s major payout mistake. The central bank said weak controls and slow detection made the Bithumb incident much worse. The report also reviewed stablecoin risks, price swings, and […]

Highlights: South Korea plans to limit major shareholders in crypto exchanges to address governance risks. Bithumb and Gopax may need ownership restructuring when the proposal passes. The Digital Asset Basic Act will also address stablecoins and crypto ETFs when passed. […]

Highlights: South Korean lawmakers pressure regulators for failing to spot Bithumb system weaknesses. This comes after a Bithumb mistakenly credited users with massive Bitcoin totals during a promotion event. Bithumb recovers most funds, but oversight concerns continue to grow. South […]

Highlights: FSS warns Bithumb users about scams after the Bitcoin transfer mistake. Scammers send fake messages that can steal personal data and funds. The regulator said customers should reset devices and report any suspicious activity to authorities. The Financial Supervisory […]

Highlights: Bithumb CEO admitted daily ledger checks failed to catch the 620,000 BTC error.  Regulator criticized Bithumb’s outdated system and praised Upbit’s five-minute system. The FSS chief said the mistake was severe and urged real-time blockchain verification. The National Assembly […]

Highlights: Bithumb mistakenly sent 620,000 Bitcoins to 695 users during a promotion event. The exchange recovered 618,212 Bitcoins, covering almost all lost funds quickly. Regulators are investigating Bithumb’s practices, including promotions and internal controls. South Korean regulators have started an […]

Highlights: South Korea’s FIU has cracked down on major exchanges over failure to comply with the nation’s AML regulations. FIU officials have completed inspections on the implicated exchanges and will soon meet to decide on sanctions for defaulters. Trading platforms […]

Highlights: Somnia price is heating up, up 39% to $1.01 with a significant 1164% in trading volume. This rally is taking place following the listing of SOMI on the Upbit and Bybit exchanges. The overbought RSI might cause a pullback, […]

Highlights: WLFI unveils debit card with Apple Pay and retail app for everyday crypto use. Project rejects building its own chain, focusing instead on chain-agnostic financial products. WLFI accelerates growth through Bithumb partnership and Chainlink deal to expand USD1 stablecoin. […]

Highlights: Bithumb relaunches crypto lending services with new rules that reduce leverage. The South Korean task force is working on crypto lending guidelines to establish leverage caps. The crypto ownership in South Korea is highest among people in their 40s, […]

Highlights: Within Q1 of 2025, Bithumb made up 25% of the country’s crypto trading volume. The exchange is preparing for a $1 billion IPO on Kosdaq, with a possible NASDAQ listing. With strict regulations in place, only Bithumb and Upbit […]