Korean cryptocurrency exchange Bithumb will make a foray into the United States where Bitcoin originated.Bithumb announced on Nov. 1 that it has signed a contract with U.S.-based fintech company seriesOne to establish a securities-type token exchange, a kind of cryptocurrency exchange, next year.Sec
Specialized cryptocurrency research centers have recently opened one after another to provide analyses of cryptocurrency market conditions and information prepared by analysts who worked at large securities companies and private equity fund firms.The main goal of the centers is to help individuals u
Bithumb, the largest virtual currency exchange in Korea, announced on June 20 that it has suffered damage from hacking. Bithumb said 35 billion won (US$31 million) worth of virtual money was stolen, including Ripple.The announcement fueled disbelief in the domestic cryptocurrency trading industry as
Coinone will expand its business areas to financial services using blockchain technology.Coinone announced on May 9 that it has introduced the blockchain industry's first remittance solution based on Ripple's xCurrent. It described the solution as its first step toward creating a healthy blo
Korea's third largest cryptocurrency exchange Coinone will set up an overseas cryptocurrency exchange for the first time as a Korean company. A sharp decline in trade in the Korean cryptocurrency market has made it difficult for Korean cryptocurrency exchanges to secure profitability, leading th