Nexon's holding company, NXC, has acquired Bitstamp, a virtual currency exchange based in Luxembourg. This is NXC’s second acquisition of a cryptocurrency exchange following Korbit, a South Korean virtual currency exchange, last year.According to foreign media and domestic industry sources on Oc
Coinwon Transfer, a subsidiary of Coinwon, one of Korea’s major virtual currency exchanges, has released an overseas money remittance service called “Cross.”Cross can send money overseas in an hour or less on average. The fee is 1 percent of the remittance, up to 80 percent cheaper than the existing
Bithumb, a Korean virtual currency exchange, announced on Dec. 16 that Bithumb DEX, a decentralized exchange, has started official service.Bithumb DEX is characterized by high security and transparency because all transactions are done on a blockchain platform, according to Bithumb. The new exchange
Bithumb, a major Korean virtual currency exchange, has been sold to BK Global Consortium based in Singapore for about 400 billion won ($352.5 million).According to financial industry sources on Oct. 12, BK Global Consortium signed a contract with BTC Korea Holdings on Oct. 1 to purchase 50 percent p
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