bithumb

Bithumb won two lawsuits, with the other party being those users who received mistakenly credited bitcoins and then sold them anyway. The $4 billion dividend payout incident: the platform turned around and sued the users, and the money needs to be recovered.

It’s fine to watch the drama, but this serves as a reminder for everyone: if an exchange makes a mistake with an account, don’t treat it like a free pie to pick up. Legally, unjust enrichment must be returned—you have to compensate even if you sold it.

No questions—just don’t touch windfall money.🤡 #Bithumb $BTC

South Korean court issues ruling in Bithumb’s erroneous bitcoin transfer case: users who profited must return “unjust enrichment”. #韩国 #Bithumb #BTC

Bithumb Official Announcement: 5 tokens will be delisted on August 18, 2026—Gracie (GRACY), Tottenham Hotspur (SPURS), GTX (ZTX), With (WIKEN), and StepApp (FITFI).

Periodically cleaning up assets with low liquidity and low activity levels is a regular practice for exchanges. Holders must transfer their assets in a timely manner before the deadline to avoid the possibility of being unable to redeem them. This reflects the market’s natural selection and elimination of weaker players. It also serves as a reminder for investors to always pay attention to a project’s fundamentals and on-chain data, and stay away from “airdrop/empty” projects.

Source: Bithumb official announcement
https://feed.bithumb.com/notice/1654098

#Bithumb #cryptocurrency

【Bithumb Delisting Announcement Reminder】

According to Bithumb’s official announcement, the platform will officially delist the following five trading pairs on August 18, 2026:

Gracie (GRACY)
Tottenham Hotspur (SPURS)
GTX (ZTX)
With (WIKEN)
StepApp (FITFI)

Users holding the relevant coins are advised to prepare their asset arrangements in advance, including but not limited to:
1. Transfer out your holdings or sell them yourself as soon as possible
2. Pay attention to Bithumb’s official details regarding the withdrawal cutoff time
3. Assess whether you need to migrate your assets to other platforms

Delisting means that the trading pair will stop being matched, and withdrawal support is usually closed gradually over a period of time afterward. For short-term themes and small-cap projects, once they lose liquidity on mainstream exchanges, the risk of price volatility will increase significantly—do not ignore this.

One more reminder: Delisting does not mean zero value, but a sudden drop in liquidity often leads to unpredictable slippage and bid-ask spreads. Please make sure to complete your self-check before August 18.

#Bithumb #交易所公告 #Digital Assets

🇰🇷 A major Korean exchange plans for an initial public offering by 2028

South Korea’s Bithumb Exchange is preparing to launch an initial public offering (IPO) by 2028. This move follows internal restructuring of the exchange and a two-year program to strengthen accounting controls, compliance, and risk management in its operations.

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📊 Impact: 📈 High
🏷️ EXCHANGE

#Bithumb #IPO #SouthKorea #CryptoExchange #Regulation

📰 Source: biztoc.com

🗓️ Bithumb targets an initial public offering by 2028

South Korea’s cryptocurrency exchange Bithumb plans to conduct an initial review for its initial public offering (IPO) in 2027, with the goal of listing by 2028. This development comes after previous delays, reflecting the regulatory challenges facing the digital asset sector.

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📊 Impact: 📈 High
🏷️ EXCHANGE

#Bithumb #IPO #CryptoExchange #SouthKorea #Regulation

📰 Source: cryptobriefing.com

DOS is listed on both Upbit and Bithumb, and short-term trading volume has surged significantly. The “two-pronged punch” style listings by Korea’s two leading exchanges are often one of the most direct signals of capital inflow.

For newly listed Korean small-cap coins, short-term sentiment premium is usually quickly realized in the price, but its sustainability highly depends on subsequent buy-side follow-through and market-making depth. Worth noting:

1. Local Korean users strongly prefer KRW trading pairs, which can easily create a one-sided market in the early opening phase
2. Both exchanges list the coin at the same time—while liquidity is dispersed, overall visibility also increases
3. Traders working with short timeframes should be wary of the risk of a “gap up followed by a pullback,” and avoid chasing after a temporary peak

It’s recommended to watch whether trading volume can stay elevated and whether other exchanges will follow up. Once the hype cools off, the speed of the pullback is often just as fast as the rise.

#DOS #Upbit #Bithumb

$BSB Today, two major South Korean exchanges—Upbit and Bithumb—were listed simultaneously. After the market opened, the price surged sharply in the short term, with the peak gain briefly reaching 23.02%, before pulling back somewhat.

From the order book action, this “simultaneous dual-exchange listing + day-one pulse” scenario is not uncommon. However, the instant jump of over 20% suggests that South Korea’s local buying participation was quite active right at the start, and that liquidity depth was generally able to absorb the sell pressure.

A few points worth noting:

1. Trading sentiment in the Korean market toward new coins remains active. Upbit + Bithumb listing at the same time means exposure is boosted all at once, and short-term funds can quickly form a consensus.
2. The 23% rise is driven more by sentiment. Whether it can hold will depend on whether there is continued buying and real trading volume backing it—not just watching that one opening candlestick.
3. High volatility often comes with high drawdowns. Chasing should be done cautiously, and be sure to review the trading pair and listing/delisting rules in the exchange announcements.

In the short term, watch the sentiment; in the mid term, watch the volume and liquidity; in the long term, focus on the project itself actually delivering. For newly listed assets like this, it’s advisable to monitor the flow of funds over a few trading days before deciding whether to enter.

#BSB#Upbit#Bithumb

BSB spikes up to 0.172 USDT in the short term. It received a bullish boost from Bithumb’s launch of a KRW trading pair. The 24-hour gain exceeded 23%, and it has since pulled back to around 0.163 USDT.

KRW trading pairs often signal the addition of new fiat on-ramps and injections of local liquidity, which can have a noticeable impact on the short-term price elasticity of small- and mid-cap tokens. From the order book, BSB showed a pulse-like surge right when the news hit, but then gave back part of the gains. This suggests that buyers chasing the price above 0.17 are more cautious, and the market still remains split between bulls and bears.

What to watch out for is that event-driven rallies tend to arrive quickly and fade quickly as well. If trading volume cannot continue to expand afterward, or if Bithumb’s actual depth is less than expected, BSB could easily return to the pre-news consolidation range. For short-term participants, it’s especially important to monitor order-book depth and changes in funding rates, and be wary of the risk of “good news running out.”

For the medium to long term, whether it can hold key support and break out on expanding volume will determine whether this listing-driven move is merely speculation or the beginning of a trend reversal.

#BSB #Bithumb #event-driven

【BSB short-term surge】Good news from Bithumb’s listing of a KRW trading pair sparked a brief rally for Block Street Token, which spiked to 0.172 USDT before pulling back to 0.163 USDT. The 24-hour gain is still as high as 23.02%.

From the order book, liquidity injections from leading Korean exchanges often bring significant buying pressure for small-cap tokens in the short term. After the listing announcement was released, BSB showed the typical “news fulfillment” pattern: a quick surge followed by a pullback. If you’re chasing the move, be mindful of short-term risks.

What you need to watch out for is that a sudden short-term blowout usually comes with wild volatility. After the hype, sell-off pressure from profit-taking should not be ignored. In terms of strategy, consider whether trading volume can continue to expand, and whether price can hold above key support levels.

Did you follow this wave? Is it time to lock in profits, or keep holding?

#BSB #Bithumb #Cryptocurrency market update

Bithumb again delays its IPO until 2028 or later! This isn’t just a routine postponement—it’s a red alert about the internal situation of a major exchange.

They admitted they need to strengthen internal controls and accounting policies. Remember the “fat-finger” incident where 620,000 $BTC was mistakenly entered? That was a PR disaster and led to a heavy penalty for violating AML rules. Clearly, their credibility is being called into question.

Even though Bithumb still reports strong revenue, compliance issues and system errors have made investors and regulators extremely cautious. This is a costly lesson for any crypto exchange that dreams of going public.

This shows that the path to a public listing for crypto exchanges in South Korea—and possibly worldwide—still has many legal and operational hurdles. Oversight will become even tighter.

So what do you think: are crypto exchanges truly ready to step into the mainstream market?

#Crypto #Bithumb
$BTC

$SPACE Logging into Bithumb's core highlights, it's not just about the "new listing hype" but whether the KRW trading zone can quickly form real turnover.

The sentiment in the Korean market for small to mid-cap altcoins is quite elastic. If we see high premiums and sustained volume after the opening, short-term funds may continue to chase; however, if it’s just a spike in the first hour followed by price-volume divergence, we need to be cautious of an immediate cash-out.

I’ll focus on three key points: KRW transaction ratio, order book depth, and the strength of buy support during pullbacks. Hype can bring volatility, but whether it can sustain itself will depend on liquidity retention.

#Spacecoin #山寨币走势 #Bithumb

Kiwoom Securities Targets Bithumb: Korean Securities Move Into Crypto

- Kiwoom Securities, a major South Korean brokerage firm, is looking to acquire equity in the crypto exchange Bithumb.
- The move reflects a trend among Korean brokerage companies to strengthen their presence in the crypto industry.
- The main reason is that new regulatory reforms from the Financial Services Commission (FSC), expected to take effect in July, are encouraging traditional firms to enter the market.
- This shows growing interest and integration between traditional finance and the crypto market in South Korea.
#BinanceSquare #CryptoNews #Bithumb #HànQuốc #CryptoRegulations

$btc $eth

vlikevn Titanbot

Source: CoinTelegraph

🇰🇷 Korea’s regulators are stepping in again—this time they’re focusing on data privacy

The Korea PIPC has issued a fine of 210 million KRW to Bithumb because it passed the USDT order book and user data to an overseas exchange without obtaining sufficient consent (and the recipient’s agreement differs from what the users agreed to 😅).

But it gets harsher—PIPA amendments are expected to take effect in September. For serious violations, the maximum penalty could be up to 10% of revenue, and individual CEO responsibility will also be pursued. This is already the second time this year that Bithumb has been hit with a major penalty by Korean regulators; in March, it was fined 36.8 billion KRW for AML issues.

Korea’s crypto regulation is expanding from simple AML reviews to full-spectrum oversight of data privacy + tax reporting. Exchanges—September’s deadline is approaching, so hurry up and fix your compliance 🏃‍♂️💨

#BITHUMB #USDT #BingX #Stellar #Korean Crypto Regulation

Bithumb’s Mistaken Bitcoin Repayment Case to Be Ruled on August 27

The lawsuit seeking reimbursement stemming from an incident in which the Korean exchange Bithumb mistakenly sent a large amount of Bitcoin has finally been nearing its verdict. According to the latest update, the court will announce the ruling on August 27.

Looking back at the incident, Bithumb, due to an operational error, sent a massive amount of Bitcoin to the wrong address, and then initiated legal recovery proceedings. This case not only involves the ownership of significant assets, but also serves as a benchmark for similar error-handling practices in the industry.

There’s still some time before the verdict is delivered—let’s continue to follow the outcome closely, as it could have far-reaching implications for exchange asset management and industry risk handling.

Source: Foresight News
https://foresightnews.pro/news/detail/109308

#Bithumb #比特币 #Crypto Regulations

$BTC

Bithumb finally has a court schedule for its bitcoin recovery lawsuit after the erroneous transfer— the court will issue a ruling on August 27.

Background: Previously, Bithumb mistakenly sent a large amount of bitcoin to a user, and then filed a lawsuit to recover it. This property dispute involving a huge amount of bitcoin is about to reach its final outcome.

Legal cases in the crypto industry often have far-reaching effects on industry rules, and we should keep a close eye on this ruling as well. It may provide case-law reference for similar incidents in the future where exchanges mistakenly misdirect assets.

#Bithumb #比特币 #Crypto Law

$BTC

Bithumb’s Mistaken Bitcoin Remission Case Will Be Ruled on August 27 ⚖️

After many years, this case involving a large amount of mistakenly transferred Bitcoin is finally nearing its verdict. Back then, due to an operational error, Bithumb sent a large quantity of BTC to the wrong address, which subsequently led to a long-running legal dispute over recovery.

The market has been closely watching the outcome of the final ruling. The verdict will not only affect the asset ownership of the parties involved, but may also have some impact on industry practices related to exchange asset management and the recovery of incorrect transactions.

Let’s wait together for the final ruling on August 27.

#比特币 #Bithumb #Crypto Law

$BTC

South Korea’s second-largest crypto exchange Bithumb officially releases its IPO roadmap: internal control upgrades and a switch to K-IFRS in 2026, submitting the listing pre-review in 2027, and completing the IPO in 2028.

Based on the details disclosed by the official sources, this round of preparation for Bithumb is clearly not as simple as “filing materials and following procedure.” Here are several signals worth paying attention to:

1. Switch from K-GAAP to K-IFRS, meaning the financial statements will move toward international standards, making it easier for overseas institutional investors to understand and value the business—laying the groundwork for Bithumb’s path to global capital markets.

2. Business restructuring and splitting Bithumb Asset, with clear responsibilities for each segment. In essence, this reduces the risk of related-party transactions and improves clarity regarding the parent company’s assets—requirements that are hard checks in regulatory reviews.

3. Liquidity reserves + regular disclosures of crypto asset holdings. After the collapses of FTX and Celsius, “proving one’s innocence” has become a required step for an exchange to get listed. Regular reserve disclosures directly address the trust bottlenecks.

4. Collaboration team. Top-tier securities firms, law firms, and accounting firms have been brought in, indicating that valuation, legal matters, and internal controls are being advanced in parallel.

In terms of timing, the 2026–2028 three-year roadmap is packed, but the official plan also leaves room for “adjustments based on market conditions and regulatory progress.” South Korea’s financial regulators have long maintained relatively strict compliance requirements for crypto exchanges. Whether the K-IFRS switch and the internal control system can be implemented as scheduled will be the key variable in determining whether Bithumb can ring the bell in 2028.

If Bithumb’s IPO goes smoothly, it will become one of the few major crypto trading platforms to complete a listing on the traditional capital markets after Coinbase—setting a benchmark not only for South Korea but also for the compliance-driven progress of the crypto industry across Asia.

#Bithumb#IPO#crypto exchange

South Korean crypto exchange Bithumb unveils its IPO timeline: complete internal controls upgrades and transition to the K-IFRS accounting standards by 2026; submit for listing pre-approval in 2027; and complete the IPO by 2028.

To fast-track its listing, Bithumb is advancing on multiple fronts at the same time:

- Partnering with leading accounting firms to build a risk management framework and switch from K-GAAP to internationally accepted K-IFRS
- Spinning off businesses such as Bithumb Asset, clarifying segment boundaries, and strengthening internal control compliance
- Advancing business diversification, building up liquid assets, and improving financial resilience
- Regularly disclosing financials, operations, and crypto asset holdings, and working with securities firms and law firms to assess corporate value

If the schedule is executed smoothly, Bithumb could become, after Coinbase, another crypto-native trading platform to list on public capital markets. The boundary between traditional finance and the crypto world is being rewritten again and again through successive IPOs.

What do you think of the compliance path for Korean exchanges? Could it become a model for the Asian market?

#Bithumb#加密交易所#IPO

After logging into Bithumb with $SPACE , what you really want to watch in the short term isn't whether we're about to see a pump, but the actual buying power in the KRW trading zone: the trading volume in the hours leading up to the open, market depth, bid-ask spread, and whether there's any sustained premium.

If the KRW market can establish a stable high turnover, it might lead to stronger price discovery; however, if it’s just a spike in volume driven by online hype, a pullback could be quick. Keep an eye on volume and price synchronization, not just the first day’s gains.

#Spacecoin #Bithumb #altcoin