Tag Archives: bithumb

South Korea’s largest cryptocurrency exchange Bithumb announced today that it is shutting down its offline offices as Korea struggles with a renewed coronavirus outbreak.Bithumb Suspending Offline SupportSince the start of November, the country has been recording increased daily cases of COVID-19, with the number tripling in the last nine days. This has raised fears that South Korea has entered a third wave of the pandemic.As authorities are taking measures to strengthen social distancing to...

Peer-to-peer (P2P) bitcoin trading platform Paxful has announced it is joining hands with popular South Korean cryptocurrency exchange Bithumb Global, arguably one of the largest and most influential exchanges throughout the country.Bithumb and Paxful Are Now Working TogetherThanks to this new partnership, Paxful will have access to more customers in Asia. Bithumb currently boasts roughly one million mobile app users and eight million registered exchange users. In addition, the company...

Bithumb’s situation worsens as South Korean authorities have reportedly summoned company Chairman Lee Junh-hoon for alleged fraud regarding the sale of BXA tokens. This comes days after local police raided the exchange for the third time in less than a month.Three Police Raids For Bithumb In SeptemberSeptember turns out to be a rather unpleasant month for the popular South Korea-based cryptocurrency exchange. As CryptoPotato reported earlier this month, the Intelligent Crime Investigation...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 963. Im heutigen Video geht’s um folgende Themen: Sicherheitslücken bei DeFi-Protokoll SushiSwap, Kanton Zug will Steuern in Bitcoin akzeptieren & Bithumb von koreanischer Polizei durchsucht. 1.) Sicherheitslücken bei DeFi-Protokoll SushiSwap aufgedeckthttps://www.btc-echo.de/sicherheitsluecken-bei-defi-protokoll-sushiswap/ 2.) Schweizer Kanton Zug will Steuern in Bitcoin akzeptieren,...

Earlier today, Live Bitcoin News reported that bitcoin had suffered a major setback and ultimately fell below $12,000 and back into the $11,400 range. Now, we’re learning that it may have had to do with the seizure of Bithumb, a popular cryptocurrency trading platform based in South Korea.Bithumb Is Now in the Hands of Korean OfficialsBithumb has been seized by law enforcement officials after it was allegedly discovered that executives were selling BXA tokens – the official tokens of the...

XRP price has risen by around 8% within the last 24 hours. 211 million XRP has been recently transferred between several wallets with some anonymous and others identified to be owned by corporate investors.As every crypto coin has begun to gain momentum and is rising now, XRP price is also rising. The coin is trading at $0.20 at the time of writing. It means that the coin has gained 7.78% within 24 hours.The crypto has broken above the overhead resistance at $0.18867. If the bulls can sustain...

In this digest, we will look at some of the major new developments amongst major crypto exchanges that were implemented in the past month.During this uncertain time, many companies in the crypto industry are continuing to develop their technology further and implement more innovative features for their users. This crypto digest will guide you through the major stories of March 2020.Shimmer on RustAlso, this month crypto exchange Bitfinex announced the deployment of its proprietary market...

Place/Date: - March 12th, 2020 at 8:05 pm UTC · 3 min read Source: Bithumb Futures Photo: Bithumb FuturesBithumb Futures, a global digital asset derivatives trading platform registered in Seychelles, has announced a Bitcoin Perpetual Contract (BTC/USDT) with up to 100x leverage as an introductory product for its inaugural launch. The platform is now accepting global users to register (except the countries prohibited by local regulations) and offers a very competitive referral program....

Place/Date: - March 2nd, 2020 at 4:33 pm UTC · 1 min read Source: Bithumb Futures Photo: Bithumb FuturesBithumb Futures, a global digital asset derivatives trading platform, has announced a Bitcoin Perpetual Contract (BTC/USDT) with up to 100x leverage as an introductory product for its inaugural launch. Backed by leading industry players, Bithumb Futures has recently completed an initial round of fundraising and is positioned as a strong entrant to the expanding crypto derivatives...

South Korea’s Ministry of Economy and Finance has started to review the crypto regulation in the country. In particular, they are reviewing a crypto taxation plan. As South Korea’s Yonhap News Agency has reported, the Korean finance ministry may introduce a 20% tax on crypto gains.Until now, the authorities considered profiting from digital assets as capital gains, and the tax law in South Korea did not see cryptocurrency trading profits as taxable income. However, with the regulatory rule...