Bithumb

Upbit and Bithumb reported experiencing a 50% decline in their H1 revenue. This substantial reduction in earnings indicates a broader market contraction.

Bithumb, a South Korean cryptocurrency exchange, plans to seek preliminary listing review in 2027 and aims for a 2028 IPO after overhauling internal controls following a February crediting error.

South Korean exchange Bithumb aims for a 2028 IPO, planning to file for preliminary listing review in 2027 after adopting international accounting standards this year.

Bithumb has set a target for an Initial Public Offering (IP) in 2028 following significant internal restructuring.

South Korea’s Bithumb has outlined a multi-year roadmap targeting a 2028 IPO. The exchange plans to request a preliminary listing review in 2027 and have its application reviewed by local authorities that year.

Tether’s former CIO plans to sell their stake in the stablecoin company. The article includes a photo of the Tether logo at a Bithumb exchange office in Seoul.

Kiwoom Securities is seeking to acquire a stake in crypto exchange Bithumb as Korean brokerages expand into the crypto industry ahead of the FSC’s regulatory reforms in July.

South Korea fined Bithumb approximately $136,000 for violating personal information protection rules by sharing user data overseas without consent.

A $36 million hack on Humanity Protocol is linked to North Korean threat actors, according to Quantstamp. The attack involved a fake Bithumb email, suggesting state-sponsored cyber activity.

South Korean police are investigating Bithumb CEO Lee Jae-won for bribery over allegedly hiring a legislator’s relatives. The case involves accusations of hiring family members of a legislator.

South Korean police are investigating Bithumb CEO Lee for potential bribery related to hiring lawmaker Kim's son. The probe also examines whether Kim used his position to target Upbit.

Samsung units are acquiring a $408 million stake in South Korea’s largest cryptocurrency exchange, Bithumb. This investment signals growing corporate interest in the crypto market and strengthens Samsung’s presence in digital finance.

Bithumb has partnered with SSI Digital to enter Vietnam's crypto license race, positioning itself for the country's strict crypto exchange pilot. The move comes as competition for scarce licenses heats up and scrutiny mounts. Bithumb aims to secure a spot in Vietnam's emerging crypto market.

Bithumb is considering an expansion into Vietnam through a new partnership with SSID, which may include direct investments in a local exchange pending regulatory approval. The move is part of Bithumb's strategic growth plans. Regulatory approval is a key factor in the success of this venture.

A South Korean court has reversed a six-month business suspension on Bithumb, allowing the exchange to resume operations. The decision came after the court lifted March sanctions imposed over alleged compliance failures.

South Korea's court has granted a stay on the six-month suspension of cryptocurrency exchange Bithumb, pending a final ruling. The financial watchdog had imposed the suspension and a 36.8 billion won ($25 million) fine in March.

A local judge in South Korea has overturned Bithumb's six-month suspension, allowing the cryptocurrency exchange to resume operations. The decision reverses regulatory restrictions imposed earlier this year.

Bithumb, a South Korean cryptocurrency exchange, has won a legal battle as a local judge lifted its six-month suspension. The court ruling allows the exchange to resume operations following regulatory challenges.

Wall Street remains positive about Bitcoin despite recent volatility. Bitcoin's price dropped over 50% from its October peak.