bithumb

According to the official announcement, Bithumb will launch the CTR Korean Won trading pair.

According to Cointelegraph, South Korean police recently raided the cryptocurrency exchange Bithumb to investigate independent lawmaker Kim Byung-gi for allegedly using his influence to secure a job for his son. It is reported that Kim's son joined Bithumb in January 2025 and worked for about six months. The police are investigating whether there was any external pressure or special treatment during his hiring process.Additionally, the case also involves Dunamu, the operator of South Korea's largest cryptocurrency exchange Upbit, with the investigation scope expanding from simple recruitment issues to potential power rent-seeking and interest transfer. Investigators pointed out that while serving as a member of the South Korean National Assembly's Administrative Committee, Kim Byung-gi had repeatedly questioned Dunamu during meetings, raising suspicions about whether he was trying to benefit the company where his son worked.It is understood that the police had previously questioned executives from multiple cryptocurrency companies and had conducted searches at Bithumb's headquarters and Bithumb Financial Tower to gather evidence. Kim Byung-gi himself is under investigation for 13 charges, including employment arrangements, bribery for nominations, and requests related to university transfers, and he stated that he believes he will ultimately be able to prove his innocence.It is worth noting that Bithumb has recently faced ongoing regulatory pressure. In March of this year, South Korea's financial regulatory agency imposed a fine of approximately $24.5 million on Bithumb for KYC and anti-money laundering (AML) violations and issued a six-month partial business suspension order. However, a South Korean court temporarily suspended the enforcement of the penalty at the end of April, and the relevant legal procedures are still ongoing.

According to the Korea Herald, the five major virtual asset trading platforms in South Korea (Upbit, Bithumb, Coinone, Korbit, Gopax) have experienced a total of 57 hacking and system failure incidents over the past six years (from 2020 to April 2026), with a total compensation amount of approximately 7 billion Korean won (about 5.1 million USD). By exchange, the number of incidents is as follows: Upbit 26 incidents, Bithumb 14 incidents, Gopax 8 incidents, Coinone 6 incidents, Korbit 3 incidents.Among them, Bithumb compensated approximately 2.5 billion Korean won (about 1.8 million USD) for the BTC misissue incident in February this year, Upbit compensated approximately 790 million Korean won (about 570,000 USD) for a hacking incident in November 2025, and compensated approximately 3.2 billion Korean won (about 2.3 million USD) for a system incident on December 3, 2024. It is worth noting that the standards for compiling incident reports by exchanges and the scale and form of compensation vary. For example, Gopax counts errors that occur when viewing the asset list as system failures, while Bithumb only counts situations where all customers encounter difficulties using core services for more than 10 minutes as system failures.In addition, Bithumb also provided some applicants who suffered losses due to system failures with free fee vouchers instead of cash compensation. The compensation amounts for system failures are as follows: Upbit approximately 3.21 billion Korean won, Bithumb approximately 3.2 billion Korean won, Coinone approximately 49 million Korean won. Korbit and Gopax did not provide any compensation.

According to the official announcement, Bithumb will launch the Solstice (SLX) KRW trading pair.

According to the official announcement, Bithumb will launch the HNT/KRW trading pair.

According to the official announcement, Bithumb will launch the BILL Korean won trading pair.

According to the official announcement, Bithumb will launch the OPG Korean Won trading pair.

According to an official announcement, the South Korean cryptocurrency exchange Bithumb has announced that starting from May 21, 2026, it will immediately restrict all virtual asset deposit and withdrawal transactions related to the overseas payment platform Heleket.The announcement stated that Heleket is suspected of being associated with illegal activities such as money laundering and funding intimidation. Bithumb indicated that this move is to comply with relevant regulations such as the Specific Financial Information Act and the Virtual Asset User Protection Act, and to protect user asset security. Bithumb also reminded users that using unverified overseas services may face risks such as hacking attacks and interruptions in deposits and withdrawals.

According to the data panel on the ChainCatcher official website, regarding BTC wallet balances, in the past 7 days, among the top 10 exchanges by balance, Bithumb had the largest increase, reaching 1.42%; Bybit had the largest decrease, at 0.82%.In terms of exchange asset transparency proof, in the past 7 days, regarding net outflows, Bitget had the highest outflow, reaching 900 million USD, followed by KuCoin (-54.9831 million USD) and Gate (-54.3433 million USD); the top three net inflows were Binance (+463 million USD), Deribit (+22.0726 million USD), and OKX (+20.2018 million USD).

According to the official announcement, Bithumb will launch the AIGENSYN Korean Won trading pair.

According to the official announcement, Bithumb will launch the UP Korean Won trading pair.

According to the official announcement, Bithumb will launch the PROS KRW trading pair.

According to The Block, South Korean cryptocurrency exchange Bithumb has announced that it has signed a memorandum of understanding with SSI Digital (SSID) to provide digital asset trading services in Vietnam. This strategic cooperation was signed in March of this year, focusing on jointly establishing and operating a digital asset exchange. SSID is a subsidiary of the Vietnamese securities company SSI, primarily investing in startups in the blockchain and AI sectors.It is reported that Bithumb has recently postponed its IPO plans to 2028, which was originally scheduled for the second half of 2025. Earlier this year, the exchange faced a human error incident when an employee mistakenly distributed 620,000 bitcoins to customers, leading to criticism and scrutiny over its apparent lack of internal risk management.

According to the official announcement, Bithumb will launch the EDGEX KRW trading pair.

According to market news, the Seoul Administrative Court accepted Bithumb's application for a stay of execution against the Financial Intelligence Unit (FIU) of South Korea on April 30, ruling to suspend the 6-month "partial business suspension" sanction imposed on it until the final judgment of the case.Previously, the FIU accused Bithumb of violating the Specific Financial Information Act, involving approximately 6.65 million violations, including failure to fulfill customer verification obligations and trading with unreported cryptocurrency operators, resulting in a fine of 36.8 billion won. The sanction was originally intended to restrict new users from transferring cryptocurrency assets to external addresses. Due to the court's latest ruling, Bithumb will be able to continue its existing business operations during the litigation period.

According to the Korea Economic Daily, the South Korean cryptocurrency exchange Bithumb has announced that it will introduce post-quantum cryptography (PQC) technology to guard against the risk of future quantum computers potentially breaking existing encryption systems.Bithumb plans to comprehensively apply PQC technology from virtual asset wallet management to identity authentication systems, focusing on protecting customer private keys, and will collaborate with security technology company ATON to encrypt various stages of data processing, including input, authentication, transmission, and storage. Additionally, Bithumb will strengthen its real-time monitoring system to detect new types of hacker attacks and abnormal trading patterns that utilize quantum computers.

According to SBS Biz, the Personal Information Protection Commission of South Korea has launched an investigation into Upbit and Bithumb for sharing order books with overseas exchanges, focusing on whether there is any cross-border transfer of personal information in the process. The commission has completed written investigations and on-site inspections and is currently in the phase of determining legality, with results expected to be finalized in the second half of the year.An order book is a list of buy and sell orders on an exchange, and sharing it with overseas entities can increase liquidity. However, if user identification information is transmitted along with it, it may violate personal information protection laws (cross-border transfers require user consent). It is reported that Upbit shares its order book with Southeast Asia's Upbit APAC and the Tether market, while Bithumb has shared its order book with Australia's Stellar.

The Seoul Administrative Court in South Korea accepted Bithumb's application to suspend the enforcement of the Financial Intelligence Unit (FIU)'s decision to partially suspend its operations for 6 months, which has been put on hold before a formal ruling.Previously, the FIU accused Bithumb of violating 6.65 million obligations related to the prohibition of transactions with unreported virtual asset operators, customer verification obligations, and transaction restriction obligations under the Specific Financial Information Act, resulting in a 6-month partial business suspension and a fine of 36.8 billion won in March this year. The partial business suspension prohibits new customers from making external virtual asset deposits and withdrawals, and a 6-month suspension is the harshest sanction faced by domestic won market trading platforms in South Korea. The suspension was originally set to take effect on March 27, but Bithumb filed an administrative lawsuit on March 23 before it took effect and requested a suspension of enforcement. After the court's approval, the effect of the sanction has been suspended until now.

According to the official announcement, Bithumb will launch the MEGA Korean Won trading pair.