Tag Archives: Bithumb

Japan and Korea Officially Approve Their Biggest Crypto Exchanges

South Korea’s Internet & Security Agency (KISA) has granted an important certification to the country’s leading cryptocurrency exchange Bithumb. Meanwhile, in Japan, Coincheck, the country’s largest exchange, is now registered with the Financial Services Agency.  Bithumb Granted ISMS Certification Cryptocurrency exchange Bithumb has managed to obtain Information Security Management System certification from the country’s KISA. According to the official… Read More »

Hodler’s Digest, Dec. 24–30: Top Stories, Price Movements, Quotes and FUD of the Week

  Top Stories This Week Nvidia Faces Class Action Lawsuit Over Losses After Lower GPU Mining Demand Graphics processing unit (GPU) producer Nvidia is currently facing a class action lawsuit over losses that the company reported when lower crypto prices lowered demand for GPUs by miners. The Schall law firm announced the lawsuit this week, with the complaint… Read More »

South Korea: Dangerous Precedent Set – Court Finds Bithumb Not Financially Responsible for Crypto Exchange Hack

A South Korean court has acquitted Bithumb from all wrongdoings after the company was accused by one of its clients in a hacking incident that saw the customer lose thousands of dollars, according to a report filed earlier this week, in the Korea Economic Daily. The customer who brought the lawsuit against the exchange was 30-year-old Ahn Park,… Read More »

Korean Court Acquits Crypto Exchange Bithumb After Investor Filed Lawsuit Over $355K Hack

South Korean crypto exchange Bithumb has won a lawsuit in which an investor had sued the company for his loss of around $355,000 in an alleged hack. Local financial newspaper The Korea Economic Daily reported on the outcome on Dec. 24. According to the report, the investor — 30 year old civil servant Ahn Park — alleged he… Read More »

Bithumb to Reach Global Audience with Multilingual Support

Recently cryptocurrency market has experienced a slight upsurge in terms of trading volume which pushed many analysts, industry experts, and trading platforms to strategies their growth plan for the future days to come. Accordingly, Bithumb, one of the largest cryptocurrency exchange is getting into global derive by supporting its services in six different languages – which includes English,… Read More »

Bitcoin Exchange Bithumb: Researchers Uncover Likely Fake Volume

Advertisement Korean exchange Bithumb reported volumes more than 10x its summertime averages in early November. CryptoExchangeRanks.com, a research firm linked with Hacken, decided to vet the data. They made the report available to CCN and is at the bottom of this article. Interesting patterns were uncovered when Bithumb’s trading patterns were put under a microscope. The researchers broke… Read More »

Bithumb Exchange Denies Allegations for Faking Up to 94% Trading Volume

Latest report by CER, a cryptocurrency exchange rating service claimed that the Bithumb exchange is wrongly providing its trading volume since summer 2018. Resource unveiled the following stat; September – the trading volume of Bihumb was valued up to $350million November 11 – Bihumb surged at $4.4 billion (jumped up to 12 times as much) December 19 –… Read More »

Report: Bithumb Denies Accusations of Faking Trade Volume

South Korea-based cryptocurrency exchange Bithumb has denied allegations of faking trade volume, Forbes reported on Dec. 19. Cryptocurrency exchange ratings and analytics service CER has accused Bithumb of faking up to 94 percent of its trade volume since late summer of 2018. In response to the accusations, Bithumb reportedly told Forbes that “Bithumb is doing nothing to inflate… Read More »

7 Major Exchanges Join Forces to Enhance the Cryto Ecosystem in South Korea

South Korea took another giant step forward in regulating cryptocurrencies as seven major exchanges have joined forces to enhance the cryptocurrency ecosystem in the country. According to local media, representatives of the seven major exchanges met at a parliamentary policy debate on cryptocurrencies that was held this past Monday. The representatives signed an ‘Agreement for the creation of… Read More »