# Пов'язані статті щодо Bithumb

Центр новин HTX надає останні статті та поглиблений аналіз на тему "Bithumb", що охоплює ринкові тренди, оновлення проєктів, технологічні розробки та регуляторну політику в криптоіндустрії.

South Korea Urges Crypto Circuit Breakers After $42B Bithumb Mishap

South Korea's central bank has recommended implementing cryptocurrency exchange "circuit breakers" following a major incident on Bithumb. In February, the exchange erroneously distributed 620,000 Bitcoin (worth approximately $42 billion) to customers instead of the intended 620,000 Korean won (about $400). This triggered panic selling, causing Bitcoin's price on the platform to plummet. Although Bithumb quickly halted trading and reversed the transactions, nearly $125 million in Bitcoin had already been sold. The Bank of Korea's report emphasizes that the crypto sector lacks the stringent internal controls of traditional finance and calls for mandatory systems to detect and prevent such human errors and discrepancies in asset records. This proposal is part of broader legislative moves in South Korea to enhance the security and transparency of virtual asset exchanges.

TheNewsCrypto04/13 21:40

South Korea Urges Crypto Circuit Breakers After $42B Bithumb Mishap

TheNewsCrypto04/13 21:40

Bithumb Seeks Legal Action To Recover Unreturned Bitcoin From $40B Payout Error

Crypto exchange Bithumb is pursuing legal action to freeze and recover approximately 7 Bitcoin (worth nearly $500,000) that were not returned after a major payout error in February. The incident occurred when Bithumb accidentally distributed 620,000 Bitcoin (valued at over $40 billion) to 249 users due to a "fat-finger" mistake. Although the exchange recovered 99.7% of the funds, a small portion was sold or converted by users. Under South Korean law, such mistaken payments are considered unjust enrichment and must be returned. The error also prompted regulatory scrutiny, leading to stricter asset-matching requirements for domestic crypto exchanges and a preliminary six-month business suspension notice for Bithumb over AML and KYC violations.

bitcoinist04/10 07:02

Bithumb Seeks Legal Action To Recover Unreturned Bitcoin From $40B Payout Error

bitcoinist04/10 07:02

South Korea's Crypto Market Shake-Up: How Should Traders View It?

South Korea's crypto market is experiencing significant turbulence following a six-month partial business suspension of its second-largest exchange, Bithumb. This event is widely underestimated globally and is not merely a compliance issue; it disrupts the competitive price discovery mechanism in a market where Upbit and Bithumb collectively hold 96% share. A critical structural information asymmetry exists due to language barriers and capital controls. Local political or regulatory shocks—like the 30% BTC crash in December 2024 after martial law was declared, while global markets fell only 2%—often trigger localized tremors first. This creates brief, highly profitable arbitrage windows for those with access to real-time Korean-language information. The "Kimchi Premium," the price gap between KRW and USD crypto pairs, is frequently misread. It is not just a retail sentiment indicator but a gauge of structural capital friction. Historically, this premium has a non-zero floor of about 1.24% due to capital controls, and its contraction often signals shifts in deeper capital pressures rather than a simple return to normality. Bithumb's suspension is accelerating liquidity concentration into Upbit, increasing systemic risk. Extreme price dislocations, like a 17% flash crash in February 2026 caused by a Bithumb operational error, become more likely and destructive in an overly centralized market. The core conclusion is that this structural information asymmetry will persist. The pro-crypto policies of the new government are driving institutional capital inflows while retail infrastructure tightens, continuously creating fleeting but substantial arbitrage (Alpha) opportunities. The key for global traders is to monitor local Korean signals and build infrastructure to act on them faster than the broader market.

marsbit04/05 01:48

South Korea's Crypto Market Shake-Up: How Should Traders View It?

marsbit04/05 01:48

From the 'Kimchi Premium' to Bithumb's Overhaul: An Interpretation of the Recent Situation in South Korea's Crypto Market

This article analyzes the recent six-month partial suspension of South Korea's second-largest crypto exchange, Bithumb, by financial regulators—an event widely underreported in English-language media. South Korea is a critical crypto market, with the Korean Won (KRW) being the second-largest fiat currency in crypto trading, accounting for nearly 30% of global fiat-crypto volume. The market is highly concentrated, with Upbit and Bithumb handling 96% of domestic trading. Due to capital controls, language barriers, and market concentration, price-relevant information often emerges first in Korean media and trading channels, creating temporary but significant pricing dislocations between Korean exchanges and global markets. A key example is the "Kimchi Premium"—the gap between KRW-denominated crypto prices and global USD prices—which is often misinterpreted as retail sentiment but actually reflects structural capital constraints. The suspension of Bithumb is reducing competitive price discovery, further centralizing liquidity on Upbit and making market dislocations less predictable. Events like the December 2024 presidential emergency decree, which caused a 30% intraday drop in Korean Bitcoin prices versus only 2% globally, illustrate how quickly these asymmetries can emerge and vanish. The article argues that monitoring Korean market signals—not just the Kimchi Premium but also local news and political developments—provides a recurring informational edge for global traders.

marsbit04/04 10:33

From the 'Kimchi Premium' to Bithumb's Overhaul: An Interpretation of the Recent Situation in South Korea's Crypto Market

marsbit04/04 10:33

South Korea’s Bithumb crypto exchange delays IPO until after 2028 – Details

South Korea's Bithumb crypto exchange has postponed its initial public offering (IPO), originally planned for 2027, to after 2028. The delay is described as a strategic decision to maximize corporate value amid evolving regulations, particularly the upcoming Framework Act on Digital Assets expected by the second half of 2026. Bithumb has engaged Samjong KPMG as an IPO advisor and is strengthening internal controls and accounting policies. Shareholders have expressed dissatisfaction over the lack of dividends despite improved performance, contrasting Bithumb with competitor Dunamu. The company defended its capital allocation strategy, prioritizing market share expansion. Financially, Bithumb reported 2025 total assets of ₩3.3249 trillion and liabilities of ₩2.461 trillion. Despite recent operational issues, including a significant accidental Bitcoin transfer, the exchange recorded a trading volume of over $523 million, with on-chain data indicating increased selling pressure. The IPO delay appears aimed at ensuring more favorable market conditions and regulatory clarity.

ambcrypto04/02 23:02

South Korea’s Bithumb crypto exchange delays IPO until after 2028 – Details

ambcrypto04/02 23:02

Crypto Exchange Bithumb Pushes IPO Past 2028 As Cleanup Effort Continues

Bithumb, a major South Korean cryptocurrency exchange, has delayed its initial public offering (IPO) plans to after 2028, a significant postponement from its original 2025 target. The decision follows a year of challenges, including compliance issues, board changes, and a major internal error in February that temporarily displayed over $40 billion in fake user balances. The exchange mistakenly credited users with 2,000 Bitcoin instead of 2,000 won, raising serious concerns about its internal controls. Additionally, Bithumb faced regulatory pressure, including a six-month suspension and a $24 million fine for alleged anti-money laundering breaches. Under renewed CEO Lee Jae-won, the company is now prioritizing the strengthening of its accounting systems and internal governance with advisory firm Samjong KPMG before proceeding with an IPO. This slower timeline contrasts with competitor Upbit, which is reportedly preparing for its own public listing.

bitcoinist04/02 16:01

Crypto Exchange Bithumb Pushes IPO Past 2028 As Cleanup Effort Continues

bitcoinist04/02 16:01

Crypto Under Fire: Why South Korea’s Bithumb Penalty Is A Warning Shot To Exchanges Worldwide

South Korea's Financial Intelligence Unit (FIU) has imposed a six-month partial business suspension and a fine of 36.8 billion won (approximately $24–26 million) on Bithumb, one of the country's largest cryptocurrency exchanges. The penalties are due to serious breaches of Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations, including dealings with unregistered overseas virtual asset service providers and inadequate customer due diligence. The exchange’s CEO received a reprimand, and its reporting officer faces a six-month suspension. This action is part of a broader regulatory crackdown following a system error at Bithumb in February that miscredited Bitcoin holdings. The move aligns with South Korea's efforts to strengthen crypto oversight in line with FATF standards. Similar enforcement trends are emerging globally, as seen in major penalties against exchanges like Binance in the U.S. and regulatory actions in Canada, Australia, and France. The case underscores increasing regulatory scrutiny on crypto exchanges worldwide and highlights the growing importance of robust compliance to mitigate counterparty risks.

bitcoinist03/16 21:01

Crypto Under Fire: Why South Korea’s Bithumb Penalty Is A Warning Shot To Exchanges Worldwide

bitcoinist03/16 21:01

Bithumb hit with $25M fine and 6-month suspension after 6.6M compliance breaches

South Korea's Financial Intelligence Unit (FIU) has imposed a $25 million fine and a six-month partial business suspension on crypto exchange Bithumb. The penalty follows the discovery of over 6.6 million violations of financial compliance rules, primarily failures in customer identity verification and transaction monitoring. The exchange's CEO received a formal reprimand and its reporting officer was suspended for six months. Despite the enforcement action, Bithumb's trading remains strong, with Korean won pairs dominating over 92% of its $724 million 24-hour trading volume.

ambcrypto03/16 17:02

Bithumb hit with $25M fine and 6-month suspension after 6.6M compliance breaches

ambcrypto03/16 17:02

2025 Korean CEX Listing Review: Investing in New Tokens = 70% Loss?

The analysis examines the performance of new tokens listed on major Korean cryptocurrency exchanges (Upbit and Bithumb) in 2025, comparing them with Binance. The study finds that investing $100 in each new KRW trading pair on Upbit (59 tokens) and Bithumb (144 tokens) would have resulted in a portfolio value of only 31% of the original investment by March 11, 2026, equivalent to a 70% loss. Binance (92 tokens) performed similarly with a 29% return. Only two tokens on Upbit (KITE +232.8%, BARD +9.3%) and eight on Bithumb ended in profit. Median returns were -80.9% for Upbit and -82.1% for Bithumb, indicating worse typical performance than the average suggests. Tokens listed in the second half of the year performed better, likely due to shorter exposure to the bear market. Notably, tokens listed on both exchanges (50 tokens) showed nearly identical losses (-69.4%) to those listed only on Bithumb (-68.9%), indicating that multiple listings do not guarantee better performance. The study concludes that the loss is structural: initial buying pressure inflates prices on listing day, followed by a predictable decline. This pattern is global, not specific to Korea or any exchange.

marsbit03/12 11:07

2025 Korean CEX Listing Review: Investing in New Tokens = 70% Loss?

marsbit03/12 11:07

South Korea’s FIU warns Bithumb of a six-month ban as Bitcoin exchange flows fall

South Korea's Financial Intelligence Unit (FIU) has issued a preliminary notice to crypto exchange Bithumb, warning of a potential six-month partial suspension and sanctions against its CEO. The action is due to alleged failures in meeting Anti-Money Laundering (AML) obligations, particularly regarding dealings with unregistered overseas platforms and insufficient Know Your Customer (KYC) compliance. A sanctions review is scheduled for 16 March. This follows similar regulatory actions against other major exchanges like Upbit and Korbit. On-chain data shows a sharp drop in Bitcoin exchange flows, indicating increased trader caution amid growing regulatory scrutiny.

ambcrypto03/11 05:02

South Korea’s FIU warns Bithumb of a six-month ban as Bitcoin exchange flows fall

ambcrypto03/11 05:02

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