The South Korean cryptocurrency exchange Bithumb has been ordered to pay damages to customers who were affected by a major service outage in 2017. The Seoul Central District Court ruled that the company had failed to maintain its IT systems, leading to a disruption in services for approximately nine hours. Here are a few things […]
Bithumb, one of the largest cryptocurrency exchanges in South Korea, has been ordered by a local court to pay damages to investors who were affected by a major outage in 2017. The incident, which occurred on June 29th, caused a temporary halt in trading on the platform and resulted in significant financial losses for many […]
Crypto.com has obtained two licenses in South Korea after acquiring two startups in the country. To increase its presence in South Korea, cryptocurrency exchange Crypto.com announced that it had acquired two firms there. The acquisitions will allow Crypto.com to offer a wider range of services to its customers in South Korea. Crypto.com is a Hong […]
