Cryptocurrency Analysis and News Portal
South Korean crypto exchange Bithumb has reportedly announced a ban on foreigners who have not completed phone-based Know Your Customer (KYC) verification.According to local coverage by Pulse, non-Koreans using the Bithumb crypto exchange will be subject to mandatory mobile verification. While the rule is reportedly set to be effective from
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The Bithumb exchange has officially listed the American blockWRK project’s native WRK token. Trading of the digital asset was launched on July 27. The blockWRK project’s native WRK token was listed on the Bithumb exchange’s DeFi board on July 27, 2021 in the WRK/USDT trading pair. The blockWRK project’s tokenomic model foresees
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The growing demand for digital currency products from institutional investors is rising, and major US banks including Morgan Stanley hope to catch the train on time.New York-based multinational investment bank and financial services company Morgan Stanley (NYSE: MS) is reportedly interested in acquiring shares in the South Korean cryptocurrency exchange
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South Korean cryptocurrency exchange Bithumb is toughening its approach to Anti-Money Laundering enforcement with a series of new measures that include trading restrictions, stronger Know Your Customer checks, and specialized blockchain intelligence solutions.The popular exchange, which has an estimated average of 1 million daily users and a daily transaction volume
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It is believed that the acquisition of Bithumb by Nexon may greatly contribute to the creation of a positive image around the platform in particular and the industry in general.South Korea’s top gaming conglomerate Nexon is planning to acquire the Bithumb cryptocurrency exchange. Reports revealed that the transaction was led
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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
Read MoreBithumb 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
Read MoreThe 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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The crypto industry is no stranger to strategic partnerships, and to the string of previous alliances, we can
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The previous police raid came after Seoul police allegedly directed initial investigations at Bithumb office on September 2.The biggest cryptocurrency exchange in South Korea Bithumb allegedly is facing a new police raid in Seoul. According to the Seoul Metropolitan Police Agency, there was an extra search administered as well as
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