Bithumb obtained its second victory in court while trying to get funds from the erroneous Bitcoin deposit in their February marketing event. Seoul Central District Court ruled that one of their users should repay around […]
The ruling adds to Bithumb’s effort to recover funds after a February error gave hundreds of accounts vastly overstated Bitcoin balances. A bizarre error that mistakenly credited Bithumb customers with roughly 620,000 BTC is […]
Upbit’s trading activity surged sharply as Bitcoin’s latest rally brought South Korean crypto traders back into the market. CoinGecko exchange data showed Upbit’s 24-hour trading volume rising 273% to roughly $1.84 billion on August 21. […]
Bithumb will go public listing after 2028. The firm is set to launch the IPO evaluation process in 2027. Bithumb will continue improving compliance and internal control before listing. The company has pushed back its […]
Key Takeaways Bithumb targets a 2028 IPO with a preliminary listing filing set for 2027. A February ledger error involving 620,000 BTC, near $43 billion, triggered an FSS review. Watch Bithumb’s 2027 filing and Korea’s […]
TLDR Bithumb plans preliminary listing review in 2027 before targeting its public market debut in 2028. South Korea’s second-largest crypto exchange is upgrading controls before entering the formal IPO review process. The company plans to […]
Key Takeaways Upbit and Bithumb completed RLUSD’s listings across South Korea’s four largest cryptocurrency exchanges. Top Korean exchanges now offer direct won access alongside bitcoin and tether markets. Liquidity across the country’s largest trading platforms […]
Kiwoom to acquire a stake in Bithumb as South Korea advances STO and stablecoin reforms. New FSC ownership rules could force Bithumb Holdings to reduce its stake in the exchange. As Kiwoom Securities considers investing […]
Key Takeaways Kiwoom Securities opened stake talks with Bithumb via private placement; no terms set as of June 29, 2026. Bithumb Holdings’ 73.56% stake must shrink under Korea’s Digital Asset Basic Act, which caps owners […]
Key Takeaways South Korean police named Bithumb CEO Lee Jae-won a bribery suspect after a second raid on the cryptocurrency exchange. Bithumb allegedly gained an unfair edge as MP Kim targeted its rival Dunamu on […]
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