Bithumb's strategic move to eliminate trading fees may have backfired.
Bithumb, the second-largest cryptocurrency exchange in South Korea, is embroiled in a heated rivalry with Upbit, which holds the top…
Bitcoin trading on Bithumb reached an impressive $3 billion, while Upbit faced challenges with its volume remaining below $1 billion.
Prosecutors seek 8-year sentence for Bithumb's former chairman over alleged $85M fraud in South Korea's cryptocurrency market.
Competitive pressures in the South Korean crypto market have driven Bithumb's push for an IPO.
The largest Korean exchange has received in-principle approval by the Singaporean MAS.
Korean authorities raided the offices of Upbit and Bithumb as part of the investigation against the politician Kim Nam-kuk.
The South Korean authorities detained Kang Jong-hyun one week after issuing an arrest warrant against him.
The raid centers around suspected price manipulation of an unidentified coin.
The Kang siblings are charged with embezzlement, breach of trust, and market manipulation.