Korean Cryptocurrency Exchange Bithumb Launching a DEX

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A major South Korean digital currency exchange is launched a decentralized exchange (DEX). In fact, with more than five million users, Bithumb will soon launch its DEX. The decision seems to be part of a strategy to compete in the broader, global market, says Business Korea.  Not long ago, Bithumb’s competitor, Upbit also launched a … Continue reading “Korean Cryptocurrency Exchange Bithumb Launching a DEX”

New Singapore-based Crypto Exchange to Launch Next Month

Posted on Categories Banking, Bitcoin, Business, Crypto Exchanges, Crypto Technology, Crypto Wallet, Cryptocurrency, General, Law, News, Regulations, UncategorizedTags , , , , , , , Leave a comment on New Singapore-based Crypto Exchange to Launch Next Month

Kakao-affiliate Dunamu operates Upbit, one of the major South Korean crypto exchanges. Dunamu is now planning to launch a new exchange based in Singapore next month. Yonhap News, a local media outlet, reported the news on September 19. Singapore-based Exchange by Upbit Yonhap reported that Dunamu already established a branch in Singapore in February this … Continue reading “New Singapore-based Crypto Exchange to Launch Next Month”

KuCoin Office Vanishes as Fate of Major Cryptocurrency Exchange Hangs in the Balance

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KuCoin is one of the largest cryptocurrency exchanges in the world. It ranks with Binance, Coinbase, Bittrex, Bitfinex, and UPbit, as the most critical to the cryptocurrency universe. KuCoin has now drawn some scary comparisons in the minds of many investors to Mt. Gox. The Japanese exchange, Mt. Gox, is the failed once largest Bitcoin … Continue reading “KuCoin Office Vanishes as Fate of Major Cryptocurrency Exchange Hangs in the Balance”

Bitcoin Falls below $9,000 after a raid at Upbit

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Up until now, bitcoin was on course to take a two row above the $9000 mark. On 11th May 2018, Bitcoin broke its streak after South Korean prosecutors raided Upbit’s office, one of the largest crypto exchanges in the world. This could raise a lot of concerns in the cryptocurrency community and dampen enthusiasm for … Continue reading “Bitcoin Falls below $9,000 after a raid at Upbit”