Bithumb, one of the largest cryptocurrency exchanges in Korea, was hacked on Wednesday, causing the exchange to lose more than $30 million worth in cryptocurrencies. “We noticed that between last night and today early morning, about 35 billion won [$31.5…
Daesik Kim, the founder and former CEO of Bithumb—the world’s largest cryptocurrency exchange—is returning to the payments industry as the Chief Cryptocurrency Officer of Bezant, a payment protocol and cryptocurrency for the digital entertainment and…
Currently, many cryptocurrency exchanges (including South Korean ones like Kucoin) allow trading with little more than your name and an email. Bitcoin appeared to find a bottom on Friday, rebounding to $15 000 after moves by South Korea to curb speculation…