Bank Of Korea Wants Crypto ‘Circuit Breakers’ After Bithumb’s 620,000 BTC Mistake
The Bank of Korea (BOK) has urged the cryptocurrency industry to adopt stronger safeguards after a major operational failure at ...
Tag: Bithumb
Bithumb Seeks Legal Action To Recover Unreturned Bitcoin From $40B Payout Error
Crypto exchange Bithumb is pursuing legal action to freeze nearly $500,000 in Bitcoin (BTC) unrecovered from the $40 billion payout ...
Think Your Crypto Is Liquid? Korea’s New Asset‑Matching Regime Says Think Again
South Korea’s Financial Services Commission (FSC) is ordering all domestic crypto exchanges to implement near real‑time asset‑matching systems. A Tighter ...
Crypto Exchange Bithumb Pushes IPO Past 2028 As Cleanup Effort Continues
Bithumb is now looking at an initial public offering sometime after 2028, a further slip from its earlier 2025 target, ...
Bithumb Faces 6-Month Suspension In South Korea Over AML, KYC Violations
The South Korea-based cryptocurrency exchange, Bithumb, is facing significant legal and operational challenges following a major system error in February. ...
XRP Emerges As Rotation Target As Investors Exit Bitcoin And Ethereum
XRP’s bearish price action extends, capping off brief upward attempts and keeping the token well below the $2 level. Even ...
Bithumb Blames System Flaws For $40 Billion Bitcoin Giveaway
South Korean crypto exchange Bithumb has said that system flaws were the reason behind the platform's accidental 620,000 Bitcoin giveaway. ...
South Korea To Probe Crypto Exchanges, Tighten Regulations After Bithumb $40B Bitcoin Error
South Korean regulators have announced an inspection of local crypto exchanges and improved measures to address regulatory “blind spots” following ...
