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East Asia: Fierce clashes between China's daily revolution, Xi Jin Ping, far from the West, are fighting hard against digital currencies and trading with them in China. In November 2017, China banned the Coin (ICO) and stopped the digital dividend.
20 billion of Bithumb Tokens sold privately and not for use on exchange platfomBithumb decided to close the year of 2018 with an announcement regarding the their token, BXA.According to BK Group’s president, Byunggun Kim, 20 billion of BXA that was released last October will be sold privately by Singapore-based investors, Orange Block.Kim confirmed that the sale that’s conduct
Hodler’s Digest, Dec. 24–30: Top Stories, Price Movements, Quotes and FUD of the Week
Bithumb lays off 50% of its staffLeading South Korean crypto exchange Bithumb has announced a significant number of layoffs. Around 50 percent of its staff members will be part of what is referred to as "voluntary retirement", as reported by CoinDesk Korea.The top South Korean crypto trading platform has recently expanded its busin
Bithumb Global announces Global Cryptocurrency Exchange launchThe service will be launched in 15 countries, including the UK, Canada, Australia, and Japan.Customers will be reward with $90 worth BUSD for completing KYC processes.South Korea based fintech company Bithumb has launched a global cryptocurrency exchange platform with multiple fiat currencies. The s
Bithumb Wins Hack Case Court Battle; Judge Rules Crypto Exchanges are “Not Financial Institutions”South Korea-based cryptocurrency exchange Bithumb has been acquitted of a lawsuit filed by an investor named Ahn Park. Park accused the trading platform of lax security measures which allowed hackers to steal his crypto holdings worth $355,000, reports Finance Magnets, December 26, 2018. Bithumb not Responsible for Compensating their Users Bithumb’s client, named Ahn Park, had accused the digital currencies…
Six New Bitcoin ATMs Installed Every Day in 2018CCN’s Alan Wass noticed that an average of six new Bitcoin ATMs were installed every day in 2018:One of the most startling figures to come from the Data Light statistics is that six cryptocurrency ATM machines were installed per day on average in 2018. One of the main ingredients of wider crypto int
Bithumb's statement on the most recent hack: It was insiders' jobBithumb official statement about the most recent hack that costed them $19,158,000 confirmed that it was insiders' job. After found deleting several tweets related to the most recent hack from their Twitter account, Bithumb finally releases an official statement.Read more: Bithumb experiences anothe