Search results for Bithumb
Crypto
Bithumb posts 2.9 billion won Q1 operating profit, performance falls amid market slump
Bithumb said its first-quarter revenue and operating profit fell from a year earlier, citing global economic uncertainty and a slump in the digital asset market that weakened investor sentiment. Revenue fell 57.6 percent to 82.5 billion won, while operating profit dropped 95.8 percent to 2.9 billion won. Net profit swung to a loss of 86.9 billion won, reflecting lower trading value and other costs.
Crypto
Stablecoin land grab intensifies as banks and fintech form alliances
South Korea\'s finance and fintech sectors are stepping up competition to pre-empt the stablecoin market even as legislation remains stalled in parliament. Banks are moving to secure issuance rights through consortia and technology partners, while fintech firms and exchanges focus on controlling mainnets and payment networks. Global players are also positioning in networks and settlement infrastructure. The article says the battle for won and dollar stablecoin leadership is already under way.
Crypto
XRP surges in volume on South Korean exchanges, overtakes bitcoin
XRP has moved into the top tier of trading volumes on major South Korean cryptocurrency exchanges, outpacing bitcoin and ether. Over the past 24 hours, XRP won trading on Upbit was about $110.9 million, above bitcoin’s $88.6 million and ether’s $67.0 million, CoinDesk reported. On Bithumb, XRP won trading was about $41.0 million, ranking second after USDT. Prices hovered near $1.44 to $1.45 as the market watched resistance around $1.49 to $1.50.
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Crypto
Bithumb unveils AI voice phishing prevention campaign
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Crypto
Bithumb joins hands with Vietnam\'s SSID on exchange business
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Crypto
South Korea crypto trading value and holdings plunge; stablecoin demand rises
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Crypto
Bithumb to build companywide tailored AI work environment
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Crypto
South Korea holds 30 percent of global crypto trading volume; why it favors altcoins
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Crypto
Circle steps up push in South Korea, fuelling hopes for won-backed stablecoin
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Crypto
Circle CEO says it is watching South Korea stablecoin market, would consider entering if rules open
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Crypto
Bithumb signs MOU with Circle to strengthen Korea digital asset infrastructure
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Crypto
Bithumb warns of ClickFix phishing and Infostealer malware
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Crypto
Brokerages eye digital asset exchanges in race to secure future growth
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Crypto
South Korea financial regulators to check crypto exchange user assets every five minutes
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Crypto
Shiba Inu logs 4.8 billion token net inflow to exchanges, yet price stays in decline
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Crypto
Dunamu, Bithumb formalise IPO plans, differ on timing and approach
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Crypto
Bithumb posts 163.5 billion won operating profit in 2025, second straight year in the black
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Crypto
Bithumb confirms Lee Jae-won second term as CEO; IPO after 2028, dividends for board discussion