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Bithumb Introduces Clover, Polkadot-Powered Blockchain Platform

The Clover blockchain aims to bring cross-chain compatibilities to the DeFi market and will leverage Polkadot’s parachain infrastructure for transferring assets and value across different platforms.On Tuesday, October 13, cryptocurrency exchange Bithumb Global announced its new open-source blockchain platform Clover powered by the Polkadot (DOT) technology. The Clover blockchain platform

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Bithumb set to launch DeFi platform as a Polkadot Parachain

Bithumb Global, the international spin-off of the Korean-based cryptocurrency exchange, announced the upcoming launch of Clover, a blockchain platform targeted for decentralized finance and powered by Polkadot (DOT) technology.The company says that Clover will be an open platform for DeFi applications, leveraging cross-chain capabilities and connecting decentralized finance to the

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Police summon Bithumb chairman for questioning over alleged fraud

The drama over alleged fraud involving Bithumb’s senior executives continues as the company’s chairman has reportedly been summoned for interrogation.The Seoul Metropolitan Police Agency is purportedly seeking to question Lee Jung-hoon, chairman of board at Bithumb Korea and Bithumb Holdings, according to a Sept. 18 report by South Korea’s state-run

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Inflation-Busting Cryptocurrency Zimbocash Receives Listing on Bithumb

A project developing a national decentralized currency network in Zimbabwe has received a big boost with the listing of its Zimbocash (ZASH) token on the Bithumb Global exchange. According to a May 22 report in the Zimbabwe Independent, the listing will enable the currency to grow substantially, providing a sound-money alternative

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Weeks After Bitcoin’s Record Deleveraging, Bithumb Launches 5x Margin Trading

Major South Korean exchange Bithumb has launched leverage trading for Bitcoin (BTC) and Ether (ETH) on its global platform.While the exchange states that the move is in response to “a surge in demand in crypto services,” Bithumb Global’s introduction of margin comes just weeks after the largest deleverage event

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Bithumb Partners With Chainalysis Amid Tightening Korean Regulations

On March 10, major South Korean cryptocurrency exchange Bithumb announced it has partnered with crypto forensics firm Chainanylsis following the passing of new Korean crypto regulations.Bithumb will employ Chainalysis’s “Reactor” investigations tool to examine suspicious activity on its platform in a bid to comply with Korea’s recently amended Special

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