Bithumb Secures Court Wins in Bitcoin Crediting Error Recovery Cases
South Korean exchange Bithumb obtains first-instance victories in two lawsuits seeking return of proceeds from Bitcoin mistakenly credited during a February promotional event
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South Korean Crypto Trading Surges as Bitcoin Rally Draws Investors Back
Upbit volume jumps 273% to $1.84 billion in 24 hours, with XRP leading activity on major local exchanges amid a broader market rebound
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Upbit and Bithumb to Delist STORJ, JASMY and TT on September 14
South Korea’s two largest crypto exchanges will end trading support for the three tokens after warning reviews found unresolved concerns over disclosures and project operations
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Upbit to Delist BONK on September 7 After Governance Exploit Review
South Korea’s largest crypto exchange ends trading support for the Solana meme coin following unresolved security and disclosure issues tied to a $20 million treasury attack, sending the token to multi-year lows
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Step App to Cease Operations by August 21 After Four Years
The Avalanche-based move-to-earn platform will end all services, directing users to unstake tokens and handle exchange positions ahead of the deadline.
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Bithumb Targets 2028 IPO After Governance Overhaul and Accounting Shift
South Korea’s major cryptocurrency exchange outlines a three-stage plan for a public listing, prioritizing stronger controls and K-IFRS adoption following operational and regulatory challenges
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Mirae Asset Rebrands Korbit as Digital X in Push for Tokenized Asset Ecosystem
Mirae Asset has acquired a 97.15% stake in South Korea’s oldest crypto exchange Korbit and rebranded it as Digital X, positioning the platform as a hub for real-world asset tokenization, stablecoins, and integrated traditional and digital finance products
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Derive (DRV) Surges on Upbit and Bithumb Listings
Derive’s DRV token climbed sharply after South Korea’s leading exchanges added trading support, boosting visibility for the on-chain derivatives protocol in a key retail market
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South Korea Fines Bithumb $136K for Overseas User Data Transfers
South Korea’s Personal Information Protection Commission has imposed a 210 million won penalty on major crypto exchange Bithumb for sharing user data with overseas platforms without proper consent, highlighting stricter enforcement of privacy rules in the sector
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Bithumb CEO Named Bribery Suspect in Lawmaker Hiring Scandal
South Korean police have formally booked Bithumb CEO Lee Jae-won as a bribery suspect over allegations that the exchange hired the son of a National Assembly member in exchange for political favors targeting a rival firm
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