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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.

Follow up
Details are still sketchy after Bithumb lost $18 million due to a hack.
Crypto Exchanges Collaborate With Bithumb to Freeze Stolen Funds After Major Hack
Stephen O'Neal
2019-04-18T21:10:00+01:00
3881
News
Blockchain Exchange Alliance will use the funds to expand outreach and add extra trading pairs, the company says.
South Korea: Bithumb Exchange Operator Gains $200 Million From Japanese Investment Fund
William Suberg
2019-04-15T09:24:00+01:00
4337
News
Bithumb used a third-party accounting firm to assess its holdings after losing funds to what it suspects was a company insider.
Bithumb Announces External Audit Results in Wake of $13 Million Hack
William Suberg
2019-04-11T12:22:00+01:00
3430
News
Bithumb confirmed that troubling market conditions spurred the losses, which come despite 17% sales growth.
Bithumb Losses Totalled $180 Million in 2018 Bear Market, Company Reports
William Suberg
2019-04-11T11:29:00+01:00
2867
Hodler’s Digest
This week saw the hacks of several large cryptocurrency exchanges, while the SEC pushed back their BTC ETF decision.
Hodler’s Digest, March 25–31: Top Stories, Price Movements, Quotes and FUD of the Week
Molly Jane Zuckerman
2019-03-31T20:41:00+01:00
4038
News
According to crypto exchange Bithumb, the exchange detected unusual withdrawal activity.
Crypto Exchange Bithumb Reportedly Hacked of Almost $19 Mln in EOS, XRP
Molly Jane Zuckerman
2019-03-30T08:25:00+00:00
29189
News
American crowdfunding portal SeriesOne partnered with Polymath to enhance raising capital via its security token protocol.
Funding Platform SeriesOne Partners With Polymath to Use Its Security Token Protocol
Helen Partz
2019-03-20T16:44:00+00:00
3753
News
Major South Korean cryptocurrency exchange Bithumb is reportedly slashing up to 50 percent of its workforce.
Report: Major South Korean Crypto Exchange Bithumb to Lay Off Up to 50% of Staff
Marie Huillet
2019-03-19T08:23:00+00:00
3512

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