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Tag Archives: Bithumb

Bithumb Launches New DEX with No Transaction Fees and Airdrop Event

Bithumb, South Korea’s second largest cryptocurrency exchange officially launched its Decentralised Exchange (DEX) on October 15 and marked the occasion with two events – free transaction fee event and an Airdrop event, the details of which have been published on the company website. No Transaction fee period and Airdrop event The Free Transaction Fee event will enable users to trade ...

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Weekly Crypto Roundup: Roubini Vs Buterin, Bithumb Sells Stake, Coinbase Lists First ERC-20 Token

When one of the biggest Bitcoin critics had his day to testify before Congress, the crypto world knew it would be brutal. Popularly known as Dr. Doom, Nouriel Roubini held nothing back as he attacked crypto, but it was the aftermath that was even more exciting. Roubini called out the industry’s most renowned personality, Vitalik Buterin and the back-and-forth could ...

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Singapore-based Blockchain Consortium Buys Majority Share in Bithumb

Singapore-based BK Global Consortium has paid 400 billion won (approximately $350 million) for a majority stake in South Korean Bithumb, the world’s third-largest cryptocurrency exchange, according to a local news outlet. BK Global Consortium is a blockchain investment firm under BK Global, a Singapore plastic surgery medical group owned by Kim Byung-Gun. The Consortium had held a minority position in ...

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Bithumb Sells $350 Million Stake in Its Cryptocurrency Exchange

Bithumb, one of the largest cryptocurrency exchanges in South Korea by its daily trade volume, has sold more than 38 percent of its ownership to a blockchain consortium in Singapore, Coindesk Korea reported this morning. The stake was sold for 400 billion won, or $350 million USD. Stake Sold Bithumb signed the deal on October 11th with BK Global Consortium. ...

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Recently Hacked Bitcoin Exchange Bithumb Gets Sold for $353m

Cryptocurrency exchanges play an increasing role of importance in this growing industry. Not all exchanges have an unblemished record, as Bithumb suffered from a hack not that long ago. Despite this setback, the company is coming under new management. BK Global Consortium successfully purchased the platform and its technology for the price of $353m. Bithumb is Under New Management It ...

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Plastic Surgeon and Startup Investor Buys $352 Million Stake in Korean Crypto Exchange Bithumb

A group led by one of South Korea’s leading plastic surgeons, Dr. Kim Byung Gun, has made a major investment in crypto exchange Bithumb’s holding company. Bloomberg reported the news Friday, Oct. 12. The surgeon’s BK Global Consortium has closed a deal to acquire “50 percent plus one share” of BTC Holding Co. – the largest investor in Bithumb’s operator ...

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Major Korean Crypto Exchange Bithumb to Launch Global Decentralized Platform

South Korean crypto exchange Bithumb, currently the world’s sixth largest by daily traded volume, will open a global decentralized crypto exchange, Business Korea reports Oct. 4. Bithumb has partnered with blockchain firm One Root Network (RNT), which has developed an Ethereum (ETH)-based decentralized token transaction protocol dubbed “R1” and already operates a decentralized exchange (DEX). According to a joint press ...

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Korea’s 2nd Biggest Crypto Exchange Bithumb is Also Launching a DEX

Perhaps inspired by the world’s largest cryptocurrency exchange Binance to launch a decentralized exchange (DEX) by 2019, Bithumb, a major digital asset trading platform in South Korea, has announced its plans to operate a DEX in the months to come. Bithumb DEX, which is expected to target the global cryptocurrency market, will be launched under an overseas subsidiary of the ...

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Binance and Bithumb Announce New Crypto Listings, Prices React

Bithumb and Binance have announced listings of new coins, with Bithumb stating that Waves (WAVES) and ChainLink (LINK) will be joining its ranks, while Binance is adding BNB trading pair for TRON (TRX). Bithumb Adds Two New Coins Cryptos getting listed on new exchanges is always big news for both the coins and the exchanges as well. The coins get ...

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Theta Blockchain Announces Strategic Partnerships with MBN and CJ Hello, Lists on Bithumb Exchange

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Advised ...

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