Bithumb is a cryptocurrency exchange platform. The South Korean-based platform is also known as a leading exchange for ether, the currency of Ethereum (which in itself is immensely popular in the country).
Bithumb is operated by a company called BTC Korea.com Co. Ltd.
Following its report naming North Korea as the brain behind several crypto cyberattacks, the UN has now begun an official investigation into the illicit activity.
The CipherTrace report mentions that ‘exit scams’ have rocked the crypto markets in 2019 alone contributing to a fund loss of a massive $3.1 billion.
The newly introduced fully regulated Huobi OTC Desk is targeted at high net worth individuals and institutional investors.
According to the report published by DataLight, the USA leads the world in crypto trading, with Japan and South Korea taking the second and the third places.
This week, Max Hasselhoff, integration engineer from Bytecoin, takes a look at the Bithumb hack as well as a couple of other hacks and their historical context.
On Sep. 23, Bakkt will launch physically delivered Bitcoin futures. Does that mean the firm is about to become the first end-to-end regulated cryptocurrency exchange with this kind of offer?
Payment processing startup Stripe raised $250M in a new round of funding, bringing the company’s valuation to $35B. The company anticipates lots more digital commerce that may flow through its payments tech.
Recently China’s Research Institute on Digital Currencies changed its director to Changchuan Mu, who elaborates on the idea of the upcoming PBoC’s digital currency and regulation of Facebook’s Libra.
Coinbase announced that it plans a possible addition of 17 new cryptos to its platform including Telegram provided that the assets meet set technical standards and comply with applicable laws.
Mike Novogratz said that despite Telegram approached him for the TON’s private token sale participation, he refused them multiple time due to his early skepticism about the project.
Electronic Arts (EA) is not one of the traditional firms that are going the crypto way. However, a recent tweet from the company sought to mislead the crypto community that it was and succeeded quite well at it.
One of the largest banking establishments in North America, Bank of America, has joined the international trade finance blockchain consortium, Marco Polo, with the aim of creating an efficient global trading network.