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In The Daily: Cointelligence Exchange Rating, Bithumb OTC, Telegram, Ton

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The Daily: Cointelligence Offers Exchange Rating System, Bithumb Launches OTC Desk

In the first edition of The Daily this weekend, we cover the details around the launch of a new cryptocurrency exchange rating system by Cointelligence. Also, South Korean exchange Bithumb has announced it’s establishing an OTC trading desk in Hong Kong, and the popular messenger service Telegram has postponed the launch of its TON network until March.

Also read: Huobi Adds USD Trading Pairs, Airswap Launches Fiat-to-Crypto Exchange

Cointelligence Launches Crypto Exchange Rating System

A company specializing in data research and analysis for the crypto economy has recently announced it’s launching a cryptocurrency exchange rating system. Cointelligence, which develops tools for investors, already offers rating services for initial coin offerings (ICOs) and security token offerings (STOs).  Read more...

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South Korea: Dangerous Precedent Set – Court Finds Bithumb Not Financially Responsible for Crypto Exchange Hack

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A South Korean court has acquitted Bithumb from all wrongdoings after the company was accused by one of its clients in a hacking incident that saw the customer lose thousands of dollars, according to a report filed earlier this week, in the Korea Economic Daily. The customer who brought the lawsuit against the exchange was

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Global Cryptocurrency Exchange Bithumb to Strengthen Its Communication with Global Customers

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This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Bithumb Holds a Special Event for Newly Registered Users Following the Opening of Its Weibo Channel SEOUL, South Korea, Dec. 19, 2018- Bithumb, a global cryptocurrency exchange with

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Bithumb Accused of Inflating Reported Trading Volume

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Report Accuses Bithumb of Inflating Reported Volume

An investigation conducted by Crypto Exchange Ranks (CER) has alleged that Bithumb, the largest Korean digital currency exchange by volume, has drastically inflated its reported trade volume during the second half of 2018. The report asserts that a number of irregular patterns identified in Bithumb’s trade activity suggest “apparent trade manipulations being performed.”

Also Read: Former IMF Economist Mark Dow Closes $ 14K BTC Short

Report Accuses Bithumb of Dramatically Inflating Trade Volume

Bithumb Accused of Inflating Reported Trading VolumeResearch carried out by CER alleges that Bithumb uses “various trade volume manipulation techniques” to inflate its reported trade activity. The report also alleges that the exchange uses a “multi-factored approach” to conceal the volume irregularities.  Read more...

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Bitcoin Exchange Bithumb: Researchers Uncover Likely Fake Volume

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Korean exchange Bithumb reported volumes more than 10x its summertime averages in early November. CryptoExchangeRanks.com, a research firm linked with Hacken, decided to vet the data. They made the report available to CCN and it’s at the bottom of this article. Interesting patterns were uncovered when Bithumb’s trading patterns were put under a microscope. The

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Crypto Exchange Bithumb May Have [Temporarily] Propped up Bitcoin Price: Analysts

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The bitcoin price touched a fresh yearly low this morning, leaving traders and investors scrambling for answers as the crypto market searches for a bottom. While there are numerous pressures that have weighed on bitcoin as it has taken step after step away from last year’s all-time high, research from CryptoCompare suggests that South Korean

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Bithumb Holds a Payback Event of Up to 70% of Transaction Fee for Foreign Users

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This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Transaction Fee Return Benefit for Cryptocurrency Transactions of 700 million KRW or More during the Event Period SEOUL, South Korea, Nov. 21, 2018- The global cryptocurrency exchange Bithumb

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Bithumb Lists Stellar (XLM) and Odyssey (OCN)

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South Korean cryptocurrency exchange Bithumb has listed two new top-100 altcoins: Stellar (XLM), a low-cost blockchain payments platform, and Odyssey (OCN), a peer-to-peer blockchain marketplace exchange ecosystem. Stella(XLM) and Odyssey (OCN) are available! Visit Bithumb website and trade newly listed cryptocurrencies ☺️ ▶ PC : https://t.co/6MRxyQeeQV ▶ MOBILE :https://t.co/pI2HiXVd9Q pic.twitter.com/w1fj9XJpxS — Bithumb (@BithumbOfficial) November 16, 2018 According to the announcement, […]
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Korea Discount for Bithumb?

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This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned … Continued

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Bithumb and seriesOne Partner to Launch U.S. Securities Token Exchange

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Bithumb securities tokens

Aiming to create an SEC and FINRA-compliant U.S. exchange, blockchain-based crowdfunding firm seriesOne and crypto exchange Bithumb have formed a joint venture. According to an announcement made on November 1, 2018, officials behind the venture look to trade security tokens within a “compliant marketplace” and within the context of “other applicable regulatory approvals.”

For South Korea-based Bithumb, the venture provides the exchange with new expertise around U.S. regulation. seriesOne, a company created by finance industry veterans in the tech, investment banking, venture capital and compliance sectors, operates a U.S. platform for initial security token offerings compliant with SEC exemptions like Reg CF and Regulation D.  Read more...

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PR: Bithumb to Hold Payback 70% of Transaction Fee for Overseas Users

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Bithumb to Hold Payback 70% of Transaction Fee for Overseas Users

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

Bithumb, a global cryptocurrency exchange holds an event to payback 70% of transaction fees for overseas users as an expression of appreciation for their support and loyalty following the last month.  Read more...

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Bithumb Launches a Decentralized Exchange Built on Ethereum (ETH)

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South Korean-based cryptocurrency exchange Bithumb has launched its own decentralized exchange (DEX) built on the Ethereum (ETH) blockchain. Bithumb DEX Grand Open Event！In order to celebrate the opening of the Bithumb DEX, the following event will be held. 1. Free Transaction Fee Event2. Airdrop Event For more information, Please check the link below. * https://t.co/dxhXaHM7Nl pic.twitter.com/5Z5oIhEcne — […]
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South Korean Crypto Exchange Bithumb Sells 38% Stake for $350 Million

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Bithumb, once the 7th largest crypto exchange by trading volume, has reportedly sold a 38% ownership stake to a blockchain consortium based in Singapore for 400 billion won ($ 350 million). According to a breaking report by Coindesk, Bithumb’s BTC Holdings Company confirmed the sale Thursday to BK Global Consortium, a blockchain investment firm formed by Kim Byung Gun, […]
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Singapore-based Blockchain Consortium Buys Majority Share in Bithumb

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Bithumb acquisition

Singapore-based BK Global Consortium has paid 400 billion won (approximately $ 350 million) for a majority stake in South Korean Bithumb, the world’s third-largest cryptocurrency exchange, according to a local news outlet.

BK Global Consortium is a blockchain investment firm under BK Global, a Singapore plastic surgery medical group owned by Kim Byung-Gun. The Consortium had held a minority position in Bithumb for a while and was the exchange’s fifth largest shareholder until today’s announcement.  Read more...

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Loom Network (LOOM) Trades Higher Following Bithumb Listing

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The price of Loom Network (LOOM), a blockchain ecosystem for games and social apps, is up around 5% after Bithumb, the leading South Korean crypto exchange, listed the altcoin on its platform. LOOM now available on Bithumb exchange as of October 12, 2018 1AM (EST)@BithumbOfficialhttps://t.co/V3LuGi4DCs — Loom Network (@loomnetwork) October 12, 2018 According to the brief announcement, […]
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Korean Crypto Giant Bithumb is Launching a Decentralized Exchange

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Perhaps inspired by the world’s largest cryptocurrency exchange Binance to launch a decentralized exchange (DEX) by 2019, Bithumb, a major digital asset trading platform in South Korea, has announced its plans to operate a DEX in the months to come. Bithumb DEX, which is expected to target the global cryptocurrency market, will be launched under

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Chainlink And Waves Prosper After Bithumb Listing Announcement

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Chainlink And Waves Prosper After Bithumb Listing Announcement

Two blockchain tokens, LINK and WAVES have seen a huge boost over the last 24 hours after an announcement from Bithumb that suggests the pair will be listed on the exchange sometime during the next week.

The official announcement:

“Hello, this is Bithumb, the global cryptocurrency exchange. We are listing Waves (WAVES), Chainlink (LINK) on Bithumb. To celebrate WAVES and LINK listing, we are going to run a 1% pay-back event.”

This pay-back event will be applied only to the deposit and trading of LINK and WAVES.

Continue reading Chainlink And Waves Prosper After Bithumb Listing Announcement at Crypto Daily™.  Read more...

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Bithumb and Coinone Terminating Fiat Withdrawals for Unverified Crypto Traders

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Bithumb and Coinone Terminating Fiat Withdrawals for Unverified Crypto Traders

Two major South Korean cryptocurrency exchanges have announced that they will no longer allow unverified users to make withdrawals in Korean won. Starting next month, users of Bithumb and Coinone must have verified real-name accounts in order to deposit and withdraw the fiat currency.

Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals

Bithumb Goes All Real-Name

Bithumb and Coinone Terminating Fiat Withdrawals for Unverified Crypto TradersBithumb, the largest crypto exchange by trading volume in South Korea, announced on Friday, Sept. 14, that it will terminate fiat withdrawal service for all users without verified real-name accounts.  Read more...

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Bithumb Still Made $35 Million in the First Half of 2018 Despite Being Hacked

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Bithumb, once the 7th largest crypto exchange by trading volume, suffered a hacking event in June that resulted in about $ 30 million worth of cryptocurrencies stolen from the platform. Despite the hack, Bithumb was able to rake in 39.34 billion won (~$ 35 million) in the first half of this year, according to South Korean news agency Yonhap, which […]
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Korea Roundup: Mongolian Government Visits Bithumb, New BTM, Hardware Wallet

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Korea Roundup: Mongolian Government Visits Bithumb, New BTM, Hardware Wallet

In South Korea, Bithumb was visited by officials of the Mongolian government. Upbit is offering free training leading up to its developer conference. A public company has unveiled a hardware wallet as it enters the crypto space. Meanwhile, hacked crypto exchange Coinrail has launched an international service for non-Korean customers, and a US bitcoin ATM operator plans to enter the Korean market.

Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space

Mongolian Government Officials Visit Bithumb

Korea Roundup: Mongolian Government Visits Bithumb, New BTM, Hardware WalletSenior officials of the Mongolian government visited Bithumb’s headquarters on August 16, local media reported. They were trying to determine the feasibility of using blockchain and cryptocurrency in solar energy businesses in Mongolia. The Korea Economic Daily elaborated:  Read more...

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