Korea Joongang Daily
Korea JoongAng Daily

Crypto exchange Bithumb mistakenly hands out $195M in Bitcoin to users in 'Random Box' giveaway

Bithumb, Korea's second-largest cryptocurrency exchange, mistakenly credited users with Bitcoin worth approximately 260 billion won ($195 million), instead of the modest number of reward points or Bitcoin that it had intended to distribute.

2026-02-07

Korea's financial watchdog expresses concern over crypto lending and margin trading services

Korea’s top financial regulators have raised concerns over the legal and investor protection risks associated with recently launched crypto lending and margin trading services offered by Upbit and Bithumb.

2025-07-30

Bithumb to come under stricter regulation upon FTC's large conglomerate designation

The Fair Trade Commission (FTC) designated Korea’s cryptocurrency exchange operator Bithumb as a large conglomerate on Thursday, making it subject to stricter public disclosure and regulatory oversight.

2025-05-01

Value of illicit IBK employee-facilitated loans balloons to $60M

The Fiancial Supervisory Service announced that it had uncovered an additional 64.2 billion won in employee-facilitated loans at the state-run Industrial Bank of Korea, bringing the total to 88.2 billion won.

2025-03-25

Trump meme coin launch drives Solana to record high

Solana reached an all-time high of $294.33 following the launch of a meme coin by President-elect Donald Trump on its blockchain.

2025-01-20

Actor Park Min-young leaves agency Hook Entertainment

Actor Park Min-young's contract with Hook Entertainment has ended, according to the agency on Wednesday.

2025-01-02

Bitcoin drops 22 percent after record rally

Bitcoin prices are displayed at the Bithumb Lounge in Seocho District, southern Seoul, on Dec. 18.

2024-12-18

Bitcoin hits new record high

Bitcoin prices are displayed at the Bithumb Lounge in Seocho District, southern Seoul, on Dec. 17.

2024-12-17

Crypto assets continue to climb

Prices of crypto assets, including Bitcoin, are displayed on a screen at the Bithumb Lounge in Seocho District, southern Seoul, on Thursday.

2024-11-21

Bad day for Bitcoin

An electronic signboard shows the Bitcoin price at the Bithumb customer center in southern Seoul on Thursday. The price of Bitcoin fell below the $60,000 mark, falling more than 3 percent compared to the previous day on U.S.-based exchange Coinbase.

2024-04-18