Bithumb

Bithumb Bitcoin Blunder: $1.3B Error Sparks Probe Into Weak Financial Oversight

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Bithumb CEO admited past mistakes following the latest 620,000 BTC blunder which has prompting further investigations into system flaws. South Korea’s financial authorities are facing criticism after failing to spot major flaws in Bithumb’s systems that led to an unprecedented Bitcoin error. Despite repeated inspections by the Financial Services Commission (FSC) and the Financial Supervisory […]

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Bithumb Finds Over $200M in Dormant Crypto Across 2.6M Accounts

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South Korean cryptocurrency exchange Bithumb has uncovered more than $200 million in customer assets sitting idle across roughly 2.6 million accounts. The post Bithumb Finds Over $200M in Dormant Crypto Across 2.6M Accounts appeared first on Cryptonews…

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Bithumb Korea’s Fiscal Performance in 2023 Plummets Despite Rising Trading Volume: Report

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Bithumb Korea’s fiscal performance for the year 2023 took a significant hit as it remained unfazed by the improvement in the trading volume that the platform witnessed throughout the year. With a more than 57% decline in annual revenue, dropping from 3.201 billion Korean won in 2022 to 1.358 billion won in 2023, Bithumb’s disappointing

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Bithumb Rockets to All-Time High in Korea: Claims 72% Market Share Over Upbit

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South Korea’s crypto landscape was dominated by Upbit for the longest time. However, there seems to be a shift underway as Bithumb gains momentum, gradually capturing Upbit’s market dominance. The latest development surfaces amid intensifying crypto trading activity in South Korea, particularly with the surge in Bitcoin trading. Bithumb’s Market Share Peaks at 72% Crypto

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