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Tag: Bithumb

South Korean crypto criminals to face life sentence

Criminals in South Korea who profit over 5 billion Korean won (US$3.76 million) from crypto-related illicit activities will face a maximum penalty of life...

South Korean Prosecutors Arrest Haru Invest Executives Over Embezzlement Allegations (Report)

South Korean prosecutors revealed on Monday that they had apprehended and placed under custody three executives, including its two co-chief executive officers, from...

Bithumb Aims To Become The Premier Cryptocurrency Exchange Listed On The South Korean Stock Exchange – CryptoInfoNet

“`htmlArticle Credit: Hannah Parker Seoul, South Korea, February 3, 2024: The cryptocurrency exchange Bithumb is preparing for a groundbreaking move to become the first digital...

Manta Pacific’s Long-anticipated Airdrop Failed To Meet Expectations

Manta Pacific has carried out its long-anticipated airdrop but the airdrop has, however, failed to meet expectations. In addition to dashed hopes,...

Bithumb Bitcoin Trading Skyrockets to Nearly $3 Billion in January, Leaving Upbit in the Shadows

In the last month, there has been a notable increase in crypto trading in South Korea. Kaiko’s latest analysis reveals a substantial surge...

South Korean Lawmakers Conducted $97M in Crypto Transactions in 3 Years

South Korean lawmakers have conducted crypto transactions totaling over 125.6 billion won ($97.6 million) over the past three years, according to the data revealed...

South Korea Intensifies Measures Against Unlicensed Crypto Exchanges

South Korean financial officials issued a directive on December 4, 2023, requesting users to report any unregistered cryptocurrency exchanges operating in the area. This...

Bitcoin mining firm Phoenix Group delays share listing

Cryptocurrency mining firm Phoenix Group is preparing for its public trading launch after seeing a significant oversubscription during the pre-market sale on Nov. 21.Phoenix’s...

Upbit parent Dunamu’s profits drop 81% in Q3

Dunamu, the owner of Upbit, one of South Korea’s biggest crypto exchanges by trading volume, saw a drop of 81.6% in net profit in...

Former Bithumb Chairman Lee Jeong-hoon Faces 8-Year Prison Sentence in Appeal

Lee Jeong-hoon, the former chairman of Bithumb, one of South Korea's primary cryptocurrency exchanges, faces a potential 8-year prison sentence. The Seoul High Court...

Could Verasity’s Price Performance Reach an All-Time High Before 2024?

Join Our Telegram channel to stay up to date on breaking news coverage As Verasity’s price continues its remarkable performance since the end of September,...

South Korea’s Crypto Craze: 6 Million Investors and the Rise of Centralized Exchanges (Survey)

South Korea has emerged as a global hotspot for cryptocurrency investment in recent years, according to a recent survey, with six million crypto...

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