Upbit and Bithumb Report Sharp Revenue and Profit Drops in H1 2026
TL;DR Market downturn: Upbit and Bithumb saw steep declines in revenue and profit as crypto trading activity weakened and major assets like Bitcoin and Ethereum fell
bithumb (Latest Publications)
Bithumb Moves Forward With 2028 IPO Goal, Detailing Its Long‑Term Preparation Roadmap
TL;DR Bithumb officially confirmed it is targeting the completion of its initial public offering in 2028, with a preliminary review scheduled for 2027. The South Korean
Kiwoom Securities Moves Toward a Bithumb Investment Ahead of July’s Regulatory Shift
TL;DR: Kiwoom Securities is negotiating an equity stake in Bithumb through a new share issuance directed at third parties. South Korea is preparing regulatory reforms for
Regulators Fine Bithumb for Sharing Customer Data With Overseas Platforms
TL;DR: Bithumb was fined 210 million South Korean won ($136,000) for sharing user data with foreign platforms without consent. South Korea’s Personal Information Protection Commission determined
Bithumb Drawn Into Alleged Political Influence Case
TL;DR: South Korean police named Bithumb CEO Lee Jae-won as a bribery suspect in a political-influence investigation linked to lawmaker Kim Byung-kee. The probe examines whether
Bithumb Raided by Police After Claims That Lawmaker Kim Byung‑gi Sought Jobs for His Son
South Korean police raided the offices of Bithumb as part of an investigation into alleged influence peddling by independent lawmaker Kim Byung-gi.
Bithumb Issues Warning as AI-Driven Scams Drain Millions in Crypto
TL;DR: Stolen amount: A case recorded in Hong Kong using AI video conferences resulted in the theft of approximately 40 billion won ($29 million). Fraud typology:
Bithumb Joins Forces With Circle to Explore New Paths in Stablecoin Innovation
TL;DR: Bithumb signed an MOU with Circle on digital-asset infrastructure and stablecoin technology, marking a new cooperation effort around platform integration and market development. The companies
Bithumb Seeks Court Order to Freeze 7 BTC After Users Refuse to Return Erroneous Payout
TL;DR: Bithumb requested a South Korean court to preventively seize 7 bitcoins that some users refused to return after an erroneous payment. On February 6, an
South Korea Orders Crypto Exchanges to Run Five-Minute Ledger Checks After Bithumb Error
TL;DR: South Korea will require its five crypto exchanges to reconcile ledger balances with actual holdings every five minutes and build automatic trading-halt standards. The move
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