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Bithumb's Ambitious Plan To Go Public A Game-Changer For The Crypto Market?
Monday, November 13, 2023 - 10:57am | 631South Korea-based crypto exchange Bithumb announced its plan to go public, eyeing an Initial Public Offering (IPO) in the second half of 2025. This significant development arrives as the industry looks forward to discussions at Benzinga's Future of Digital Assets conference on Nov. 14, where...
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Crypto Exchange Upbit Suspends CRV Transactions As $100M At Risk In Curve Finance Hack
Monday, July 31, 2023 - 10:39am | 408In response to a significant security exploit, South Korean cryptocurrency exchange Upbit has temporarily halted deposits and withdrawals for Curve (CRYPTO: CRV), the native token of stablecoin-focused decentralized exchange Curve Finance. Upbit advised its users to exercise caution when...
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Bithumb Shareholder Kang Jong-Hyun Arrested For Alleged Embezzlement, Fraud
Thursday, February 2, 2023 - 12:09pm | 367A South Korean businessman named Kang Jong-Hyun, who is reported to have control over the Bithumb cryptocurrency exchange, has been arrested on charges of fraud, embezzlement, and breach of trust, according to CoinDesk Korea. The arrest comes as part of an ongoing investigation into the actions of...
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South Korean Crypto Exchange Bithumb Under Scrutiny For Price Manipulation
Friday, January 27, 2023 - 12:20pm | 332Offices of South Korean cryptocurrency exchange Bithumb were searched by law enforcement officials on Thursday, as part of an ongoing investigation into potential price manipulation of a specific coin listed on the platform. The coin in question had not been publicly identified yet, according...
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Crypto Exchange Bithumb Former Chairman Found Not Guilty By South Korean Court
Tuesday, January 3, 2023 - 10:54am | 434Former chairman of South Korean cryptocurrency exchange Bithumb Lee Jung-hoon on Tuesday was declared not guilty by the 34th Division of the Criminal Agreement of the Seoul Central District Court. Jung-hoon had been on trial for allegations of fraud and violating the Act on the Aggravated...
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Bankman-Fried's FTX Reportedly In Talks To Buy This South Korean Crypto Exchange
Sunday, July 24, 2022 - 9:56am | 309FTX Trading Ltd., the owner of crypto exchange FTX, is reportedly looking to buy South Korean crypto exchange Bithumb, Bloomberg reports. Bloomberg quoted a person familiar with the matter saying that the acquisition talks have been ongoing for several months. Bithumb has over 8...
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Today In Cryptocurrency: $30 Million Stolen From Bithumb Exchange, Tether Confirms Dollar Reserves
Wednesday, June 20, 2018 - 4:56pm | 522The cryptocurrency cooled on Wednesday, with most major cryptocurrencies trading down less than 1 percent on the day. Here’s a look at some of the headlines that were moving the cryptocurrency market today — and which currencies were on the move. Headlines It’s a headline that has...