Bithumb Plans Crypto Exchange IPO to Disrupt Upbit Market Share
In a move to regain market dominance, South Korea’s Bithumb is paving the way for an unprecedented Initial Public Offering...
Bithumb
Bithumb sets sights on IPO to rebalance crypto power
Bithumb gears up for a pioneering initial public offering (IPO), targeting a market shake-up against Upbit’s dominant 85% share in...
Bithumb facilitates fifth largest Bitcoin exodus of 2023, signaling potential shift in investor strategy
Quick Take Unprecedented movements in the Bitcoin market were observed yesterday, with the fifth largest outflow of Bitcoin in 2023,...
South Korean Prosecutors Raided UpBit and Bithumb HQs (Report)
South Korean prosecutors have reportedly raided the offices of the two leading cryptocurrency exchanges in the country – Upbit and...
South Korean authorities raid Upbit, Bithumb crypto exchanges after political scandal
Prosecutors in South Korea raided the offices of two local cryptocurrency exchanges due to investigations surrounding the digital assets of...
Lawmaker’s Crypto Scandal Leads to Upbit, Bithumb Raids
An ongoing controversy concerning a South Korean lawmaker’s cryptocurrency holdings led to his resignation from his political party and raids...
Bithumb executive faces investigation over alleged bribery in crypto listing
South Korean prosecutors are investigating Lee Sang-jun, the chief executive officer of local cryptocurrency exchange Bithumb’s holding company, for alleged...
Kraken closes Abu Dhabi office; Bithumb owner arrested
The biggest news in the cryptoverse for Feb. 2 saw Kraken announce the closure of its Abu Dhabi office. Meanwhile,...
South Korea arrests owner of Bithumb crypto exchange
South Korean prosecutors said they have arrested Kang Jong-hyun, the de-facto owner of local cryptocurrency exchange Bithumb, for alleged embezzlement...
South Korea’s Bithumb raided on “Kimchi coin” allegations
South Korean prosecutors raided the Bithumb cryptocurrency exchange on Thursday on allegations of price manipulation and fraudulent transactions in local...