Bank of Korea floats crypto ‘circuit breakers’ after Bithumb blunder
In recent developments, bithumb accidentally sent customers 620,000 Bitcoin instead of 620,000 Korean won in February. The Bank of Korea wants lawmakers to make it so it doesn’t happen again.…
Bithumb Seeks Court Seizure of Assets to Recover Unreturned Bitcoin From $44B…
In recent developments, south Korean crypto exchange Bithumb has filed a lawsuit to recover funds mistakenly sent to users in February. Key Takeaways: Bithumb mistakenly sent 620,000 BTC on Feb.…
Bithumb launches legal action to recover 7 Bitcoin from payout error
In recent developments, south Korean crypto exchange Bithumb files for a court-approved asset freeze to reclaim 7 BTC remaining from a February payout error. Looking closer, market participants highlight key…
Crypto exchange Bithumb to delay IPO until after 2028: Report
In recent developments, according to the company CFO, Bithumb was “strengthen[ing] accounting policies and internal controls” ahead of its IPO plans, already delayed from 2025. Looking closer, market participants highlight…
Bithumb seeks to reappoint CEO despite recent controversies: Report
In recent developments, bithumb was reportedly given a six-month partial suspension by South Korea’s Financial Intelligence Unit for alleged anti-money laundering failures. Looking closer, market participants highlight key drivers such…
South Korea fines Bithumb $24M, orders 6-month partial business suspension
In recent developments, regulators found 6.65 million violations at Bithumb, including 45,772 crypto transfers involving 18 unregistered overseas VASPs. Looking closer, market participants highlight key drivers such as liquidity flows,…
Bithumb flags $200M in dormant crypto assets across 2.6M inactive accounts
In recent developments, millions of long-inactive users still hold crypto at Bithumb, highlighting how early retail capital can remain untouched for years. Looking closer, market participants highlight key drivers such…
