Crypto Exchange Bithumb’s Operator Receives $200M USD Investment From Japan’s ST Blockchain Fund

Blockchain, Investing, News | April 16, 2019 By:

Blockchain Exchange Alliance (BXA), the parent company of South Korean crypto exchange Bithumb, has received $200 million in funding from Japan’s ST Blockchain Fund.

BXA provides user-friendly payment services, including e-commerce, gaming and the sharing economy. It is working toward launching new digital financial services,


South Korean Crypto Exchanges Create AML Hotline To Combat Money Laundering

News | January 29, 2019 By:

South Korean crypto exchanges Bithumb, Coinone, Korbit, and Upbit have joined forces to fight potential money laundering and protect the interests of users in the country.

The four crypto exchanges recently established a “hotline” to allow sharing real-time wallet information on suspicious or unusual trading activities that are suspected to involve criminal acts,


South Korean Court Acquits Crypto Exchange Bithumb In Hack Lawsuit

News | December 27, 2018 By:

South Korean cryptocurrency exchange Bithumb has won a lawsuit in which an investor accused the exchange of allowing hackers to steal his cash and crypto holdings.

According to court documents, the investor, Ahn Park, claimed that on Nov. 30 2017, he placed more than 400 million Korean won ($355,000 USD) in his Bithumb account and within hours an unidentified hacker had compromised his account and exchanged the cash for ethereum,