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BitHumb News

BitHumb is one of the most popular cryptocurrency trading platforms in South Korea. The BitHumb exchange was founded by BTC Korea.com LTD company in 2013 and now is headquartered in Seoul. BitHumb is one of the leaders among the cryptocurrency trading companies in South Korea and Japan in terms of trading volume. Almost all options of BitHumb are oriented on Asian countries. Almost all popular cryptocoins are available, but the only available fiat currency there is the Korean Republic’s won. BitHumb fees for transactions are about $0.15 and don’t depend on the transaction’s amount. The platform has a difficult process of verification and other security properties. Nevertheless, the exchange was hacked in 2017 and it affected three percent of users. However, it was not a problem of security, as the access was made from a BitHumb employee’s PC.

Analysis
The crypto market and blockchain sector in South Korea is thriving with the involvement of major banks and conglomerates.
South Korea’s Crypto Market Overview: How Largest Banks and Conglomerates Back Exchanges
Joseph Young
2018-09-25T17:00:00+01:00
4922
Follow up
Four experts speak to Cointelegraph about the 13 percent drop of Bitcoin, evaluating market slump.
Why Bitcoin Dropped by Over 10 Percent, Deleting $40 Billion From Crypto Market, Experts Explain
Joseph Young
2018-09-07T11:56:00+01:00
73621
News
Bithumb, one of the best-known cryptocurrency exchanges in South Korea, has renewed its agreement with Nonghyup Bank.
Fifth Largest Crypto Exchange Bithumb to Reopen Account Registrations, Media Report
William Suberg
2018-08-29T13:41:00+01:00
5369
News
South Korea’s largest crypto exchange, Upbit — ranked 12th largest globally — has posted a $100 million profit in the third quarter of 2018, in spite of the c...
S. Korea's Top Crypto Exchange Upbit Defies Bear Market, Posts $100 Million Profits in Q3 2018
Marie Huillet
2018-08-24T17:20:00+01:00
5603
News
An unnamed crypto exchange became the target of North Korean hackers Lazarus Group through a first-of-its-kind macOS sting.
Kaspersky Lab: North Korea Hacks Cryptocurrency Exchange With ‘First’ macOS Malware
William Suberg
2018-08-23T11:25:00+01:00
18468
News
Leading South Korean cryptocurrency exchange Bithumb is set to reopen services for a limited number of coins after a massive hack earlier in June.
South Korean Crypto Exchange Bithumb to Reopen Withdrawals, Deposits for Nine Cryptos
Max Yakubowski
2018-08-04T13:56:00+01:00
30799
News
Bithumb has reported that only $17 million was stolen in this month’s hack, instead of the $31 million previously reported.
Crypto Exchange Bithumb Reduces Hack Loss Estimation From $31 Mln to $17 Mln
Molly Jane Zuckerman
2018-06-28T14:20:00+01:00
13153
Analysis
No one’s safe in the crypto world.
From Coincheck to Bithumb: 2018’s Largest Security Breaches So Far
Stephen O'Neal
2018-06-27T15:10:00+01:00
12254

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