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Seoul police reportedly executed a second search warrant at Bithumb’s headquarters on Monday as investigators pressed deeper into a corruption probe centered on independent lawmaker Kim Byung-ki. Second Raid in 4 Months The Seoul Metropolitan Police Agency’s Public Crime Investigation Unit was said to have arrived at Bithumb’s Gangnam-gu offices on Monday morning, marking the […]
Read full articleSouth Korean police have reportedly searched Bithumb’s offices as part of an investigation into allegations that independent lawmaker Kim Byung-gi used his political influence to help secure employment for his son at cryptocurrency companies. According to a Monday report from…
South Korean lawmaker Kim Byung-gi faces probe over alleged nepotism tied to his son’s crypto jobs as police raid Bithumb's offices.
The post Bitcoin Exchanges Bithumb and Upbit Announce They Will List This Altcoin on Their Spot Trading Platforms! Here Are the Details appeared on BitcoinEthereumNews.com. Bitcoin Exchanges Bithumb and Upbit Announce They Will List This Altcoin on Their Spot Trading Platforms! Here Are the Details – Bitcoin Sistemi Insert This website uses Cookies to ensure the best experience for you.Accept Source: https://en.bitcoinsistemi.com/bitcoin-exchanges-bithumb-and-upbit-announce-they-will-list-this-altcoin-on-their-spot-trading-platf/
The post South Korea’s DAXA Cracks Down on Crypto API Abuse appeared on BitcoinEthereumNews.com. DAXA mandates Upbit, Bithumb, Coinone, Korbit, and Gopax to invalidate suspicious shared API keys. Automated trading accounts for 30% of Korean crypto volume, making API governance a systemic issue. Exchanges must now monitor, warn, re-verify, and force-expire API keys based on risk level detected. South Korea’s Digital Asset Exchange Alliance (DAXA) has established mandatory compliance standards requiring the country’s major cryptocurrency exchanges to detect and invalidate API keys suspected of being improperly shared or lent between users. The policy, announced May 28, targets a specific exploitation method that has been used to facilitate price manipulation and unfair trading practices across Korean crypto markets. DAXA member exchanges, including Upbit, Bithumb, Coinone, Korbit, and Gopax, are all subject to the new standards. Why This Matters API keys are access credentials that allow
Upbit and Bithumb posted record negative Bitcoin volume on May 19 as Binance stayed green. Days later, STH Market Cap shed $65B. The divergence no one saw coming. Something broke first in Seoul. On May 19, Upbit posted the largest negative Bitcoin spot volume reading in the exchange’s recorded history, negative $9.3 billion in a […] The post Korea Dumped $11B in Bitcoin. Then $65B Disappeared in 3 Days appeared first on Live Bitcoin News.
Bithumb's listing of AIGENSYN with restrictions highlights the risks of opaque tokens and underscores regulatory scrutiny in South Korea's crypto market. The post Bithumb adds AIGENSYN to KRW market with trading restrictions appeared first on Crypto Briefing.
The post Bithumb To Halt POL Deposits And Withdrawals For Network Upgrade On May 21 appeared on BitcoinEthereumNews.com. Bithumb To Halt POL Deposits And Withdrawals For Network Upgrade On May 21 Skip to content Home Crypto News Bithumb to Halt POL Deposits and Withdrawals for Network Upgrade on May 21 Source: https://bitcoinworld.co.in/bithumb-suspend-pol-deposits-withdrawals-network-upgrade/
The post South Korea's biggest exchange fights deepfake fraud wave appeared on BitcoinEthereumNews.com. Bithumb, South Korea’s largest cryptocurrency exchange by trading volume, put out an anti-phishing guide on May 14. The warning centers on AI-powered voice and video scams targeting people who hold digital assets. The campaign goes by “Voice Phishing Complete Guide.” It’s part of the exchange’s Information Protection Day push. Focus is on deepfake and deepvoice fraud, where criminals use artificial intelligence to copy the voices and faces of family members, exchange staff, or government officials during live calls, according to DigitalToday. AI-assisted fraud aimed at crypto investors has gotten more sophisticated over the past year. In one case cited by both DigitalToday and The Crypto Times, someone in Hong Kong got tricked by an AI-generated video conference and lost about 40 billion won. That’s equivalent to around $29 million. Fraudsters impersonate support staff and relatives
