Binance-backed AVA Token is Up Nearly 100% Today. Here's Why
The AVA token nearly doubled intraday after Bithumb's new Korean won market, before easing back as leverage unwound.
The AVA token nearly doubled intraday after Bithumb's new Korean won market, before easing back as leverage unwound.

If $0.20 fails, record Open Interest could turn enthusiasm into forced exits.
The ruling adds to Bithumb’s effort to recover funds after a February error gave hundreds of accounts vastly overstated Bitcoin balances.
Bithumb wins another case as it seeks payments from wrongly credited Bitcoin users. In an effort to collect money for wrongly credited Bitcoin from users in February 2018, the Seoul Central District Court ordered one of the defendants to pay back 194 million Korean won, roughly $140,513, according to Digital

In February, the South Korean exchange accidentally credited 620,000 BTC (then worth around $43 billion) internally to hundreds of users.
Bithumb reportedly won first-instance rulings in two suits seeking proceeds from users who sold Bitcoin credited in its $40 billion error.
Bithumb won a first-instance ruling ordering the return of 194 million won from Bitcoin mistakenly credited during its February payout error.

South Korean crypto exchanges Upbit and Bithumb have designated The Sandbox’s SAND token as an investment caution asset after security concerns linked to the project remained unresolved following a cross-chain bridge incident. According to Upbit’s Aug. 24 announcement, the exchange…

Upbit and Bithumb froze SAND transfers under South Korea's user-protection law, with Upbit halting deposits and withdrawals on Ethereum — the chain the studio says was not affected.

Binance has seen the sharpest percentage drop in XRP reserves, while Upbit and Bithumb continue to hold the bulk of tracked supply.

South Korean crypto exchanges Upbit and Bithumb have seen revenues plummet this year amid a wider downturn for crypto firms in the country.

Investor capital in South Korea largely shifted toward domestic equities, with the benchmark KOSPI more than doubling in H1 2026.

Investor capital in South Korea largely shifted toward domestic equities, with the benchmark KOSPI more than doubling in H1 2026.
Bithumb has reported a 21.8 billion won, or about $15.7 million, net loss for the second quarter of 2026 as revenue fell 35.8% from a year earlier. According to Yonhap News Agency, Bithumb moved into the red during the three…

Upbit and Bithumb will delist STORJ, JASMY and TT on Sept. 14 after warning issues remained unresolved, with withdrawals open until Oct. 14.

Upbit adds HOME in KRW and USDT markets, while Bithumb opens won trading for META2 and Paxos stablecoin USDG on Aug. 4.

Bithumb's IPO plans could reshape the Asian crypto market, but past delays and regulatory scrutiny may challenge its execution and timeline.
South Korean cryptocurrency exchange Bithumb has put dates behind its long-discussed public listing, outlining a three-stage plan that targets an initial public offering in 2028. Rather than promising a quick path to market, the roadmap published by the South Korean exchange focuses on the less glamorous work that typically determines whether an exchange is ready […]
The company has pushed back its IPO plans in order to concentrate on compliance and corporate governance. According to the South Korean cryptocurrency trading platform, Bithumb now plans to list its shares in 2028, abandoning its earlier plans for listing within either 2025 or 2026. The change in strategy was
Bithumb's IPO timeline targets a 2028 public listing, following 2026 internal control upgrades and a 2027 preliminary review.