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Bithumb
Former Bithumb Chairman Acquitted in $100M Fraud Case
Prosecutors in South Korea were seeking an eight-year prison sentence for Lee Jung-Hoon, who was acquitted in the first court hearing.
How South Korea’s National Assembly Got Stood Up by Crypto Industry Reps at Terra Hearing
Only two crypto executives represented the industry, though lawmakers asked five to attend.
South Korean Prosecutors Seeking 8-Year Sentence for Ex-Bithumb Chairman
Lee Jung-hoon, who led the company that operated the exchange, is charged with committing $70 million in fraud.
Crypto Exchange Bybit Spends $3.8M on Bithumb Shareholder T-Scientific's Convertible Debt
The Dubai-based exchange said it sees the investment as a means to expand into the Korean market.
FTX in Talks to Buy South Korean Crypto Exchange Bithumb: Report
Bithumb’s parent company is considering either an outright sale or a joint ownership.
Fed Nerves Hit Crypto; Philippines Crypto Tax Pushed
Crypto prices fall ahead of the Fed meeting. Philippine President Marcos Jr. pushes tax for digital services to boost economy, cut debt. Talks between FTX and Bithumb over a potential buyout raise questions. Sam Bankman-Fried lashes out at Voyager for rejecting FTX’s proposal. Binance’s Changpeng Zhao sues Bloomberg in Hong Kong.
Market Bottom Being Tested? Zipmex In Buyout Talks
Silvergate CEO warns crypto market pain will continue, but still bullish on Bitcoin lending. DeFi total value locked plunged 67% in Q2. Zipmex in talks with potential buyers. FTX proposes liquidity plan for Voyager Digital customers. FTX reportedly in talks to buy South Korean crypto exchange Bithumb.
Bithumb Goes for Olympic Gold; India Crypto Tax Questions
Japanese megabank to take advantage of stablecoin law. Korea’s Bithumb gets in on Winter Olympics action. Lack of clarity clouds India crypto tax. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Korea Stands Firm on NFT Games; Laos Introduces Crypto Regulations
Bithumb approval sees Korea’s big four exchanges all fully licensed. Korea’s Game Rating and Administration Committee stands firm on NFT game ban. Laos issues new regulations for crypto miners and exchanges. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Bithumb to Mandate ID Verification From Non-Koreans Within the Year: Report
The crypto exchange will prohibit access to its platform for non-Korean nationals who fail to verify their identity by mobile phone.
