Bithumb Delays IPO to 2028 Amid Shifting Crypto Market Conditions
TL;DR: The South Korean platform is pushing its stock market debut to after 2028, following the extension of its advisory agreement with Samjong KPMG through the
bithumb (Latest Publications)
South Korea Regulators Target Bithumb With Partial Suspension
Bithumb, one of South Korea’s largest exchanges, received a preliminary sanction notice that could result in a partial suspension of operations for six months, according to reports
AZTEC Rockets 69% After Securing Two New Listings in South Korea
TL;DR: Aztec surged 69% in 24 hours to $0.03255 after being listed on South Korean exchanges Upbit and Bithumb with KRW trading pairs. The addition of
Regulatory Meltdown: Seoul Scrambles to Explain $43B Bithumb Bitcoin Error
TL;DR Bithumb’s Feb. 6 promo glitch credited 2,000 BTC per user instead of 2,000 won, showing 620,000 BTC and a $43B paper error that sparked selling.
Bithumb Lists Lighter (LIT) With KRW Pair at 2,383 KRW Reference Price
TL;DR Bithumb lists Lighter (LIT) on its Korean won market with a reference price of 2,383 KRW. Deposits require 33 confirmations on the Ethereum network, the
Bithumb Acknowledges Critical Weaknesses That Left Systems Open to Insider Sabotage
TL;DR Bithumb said control flaws led to a transfer of bitcoin worth over $40 billion, sending 620,000 BTC instead of 620,000 won ($428). Bitcoin briefly fell
Bithumb’s $43B Bitcoin Error Triggers Compensation Plan and Heightened Investigations
Bithumb announced a compensation plan after mistakenly crediting $43 billion in Bitcoin to hundreds of customers, triggering a sell-off that reduced the token’s listed price to
$44B Bitcoin Giveaway Glitch Puts Bithumb Under Korean Scrutiny, Rekindles CEX Risk Debate
TL;DR South Korean regulators opened an emergency review after a Feb. 6 promotion error credited users with at least 2,000 BTC each, implying 600,000+ BTC. Selling
South Korean Crypto Exchanges Push Stablecoins as Won Volatility Reshapes Trading Patterns
TL;DR: Won-dollar exchange rate surpassing 1,480 triggered 62% spike in Tether trading volumes across major Korean exchanges Korbit, Coinone, Upbit, and Bithumb launched fee waivers and
$200M in Idle Crypto: Bithumb Flags Millions of Inactive User Accounts
TLDR Over 2.6 million accounts have remained without a login or trade for more than a year. A single inactive account contains $2.84 million in unclaimed
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