bithumb

According to reports from Yonhap News, the South Korean virtual asset trading platform Prabang has announced a temporary service suspension due to a hacker attack that resulted in an asset loss of approximately 100 million Korean Won, stating that it will fully compensate the affected funds with the company's own assets.According to industry sources, Prabang discovered abnormal transfers from its hot wallet on October 24 and immediately initiated an emergency response and comprehensive investigation, during which a security vulnerability was found. After confirming unauthorized external access on October 26, the platform reported the incident to relevant authorities and continues to investigate the cause and extent of the losses.Yonhap News stated that there have been a series of hacker-related incidents in the financial and virtual asset industry recently, with this being the first confirmed case of asset loss. The report mentioned that this incident appears to be different from the Prabang-related incident mentioned by financial authorities in the AI hacker intrusion inspection results on October 14. Additionally, on October 27, Bithumb experienced a hacker attack targeting its internal systems, leading to the leakage of employee personal information. On the same day, several Korean Won trading platforms also faced intrusion attempts targeting personal information and assets.

CZ's post pointed out that on that day, there were 4 reported data breaches involving Coinbase's third-party vendor Amplitude, the South Korean cryptocurrency exchange Bithumb, and South Korean securities firms Mirae Asset and Daishin Securities. Among them, the breach related to Amplitude did not affect customer funds.CZ stated that the leaked exchange data was primarily used for phishing, SIM card hijacking, social engineering scams, and wrench attacks. He suggested that all platforms use independent email aliases and dedicated backup numbers, refuse to fill out unnecessary personal information, and use strong independent passwords.CZ also recommended enforcing the use of hardware security keys or passkeys, completely disabling SMS 2FA, enabling withdrawal address whitelists, withdrawal time locks, and anti-phishing codes, regularly cleaning API keys and active sessions, and requesting number porting locks from carriers. He also reminded that all customer service contacts that reach out proactively are scammers, and never to click on external links.

On October 28, Binance founder Zhao Changpeng stated that four data breaches were reported that day. In the cryptocurrency sector, Coinbase vendor Amplitude exposed some users' contact data, but funds were unaffected; South Korean trading platform Bithumb experienced a user data breach.In traditional finance, South Korean securities firms Mirae Asset and Daishin Securities also experienced data breaches. Zhao Changpeng mentioned that it is impossible to prevent breaches from occurring, but users can protect themselves. The leaked trading platform data includes names, email addresses, phone numbers, addresses, identification documents, and transaction records, most of which are used for phishing, SIM card hijacking, and social engineering attacks.Zhao Changpeng suggested reducing the information shared and using separate email aliases for each trading platform, so that in the event of a breach, it cannot be linked to other accounts while identifying which service experienced the breach.

According to a report by Reuters on October 28, three South Korean financial institutions reported data breaches on Wednesday. Cryptocurrency exchange Bithumb stated that its internal mobile system was hacked, resulting in the leakage of personal information, and it is investigating whether member data was included. Brokerage firm Daishin Securities reported that approximately 38,000 customer information records were leaked and has taken emergency measures. Asset management company Mirae Asset Global Investments also confirmed a hacking incident, and authorities are assessing the situation. Reuters stated that it was unable to immediately contact spokespersons from the three institutions for comments.The report noted that these incidents occurred after 16 financial institutions in South Korea (including banks) were attacked by hackers. Earlier this month, the South Korean Financial Services Commission stated that related incidents have caused approximately 100,000 data breaches to date. Additionally, reports indicate that the Seoul Science and Technology Department and the Korea Internet & Security Agency have urged website operators to check for PHP vulnerabilities, which could allow attackers to execute malicious commands on servers without logging in.

According to announcements from Upbit and Bithumb, both South Korean cryptocurrency exchanges have listed Initia (INIT) as a trading warning asset.The announcement stated that relevant wallets or distributed ledgers have been found to have security incidents such as hacking attacks, the reasons for which are yet to be determined or resolved, potentially leading to user asset losses. Currently, the deposit and withdrawal services for INIT have been suspended on both exchanges.

According to South Korean media Digital Asset, the Second Division of the Seoul Administrative Court held its first hearing on October 22 regarding the administrative lawsuit between Bithumb and the Financial Intelligence Unit of Korea (FIU). The FIU determined that between August 28, 2022, and April 3, 2025, Bithumb conducted 45,772 transactions with 18 unreported cryptocurrency operators, and based on this, imposed sanctions, including a partial suspension that restricts new customers from transferring cryptocurrency assets externally for six months.Bithumb stated in court that transactions of 1 million won or more are subject to the "travel rule," and unreported operators have been excluded from the list of optional exchanges, thus the number of violations for this amount range is zero. Transactions below 1 million won were not subject to the travel rule at that time, and the platform had no legal basis to require customers to provide information about the receiving exchange, nor did the regulatory authorities specify a blocking method. Bithumb also mentioned that after integrating the Chainalysis API, only about 2% of the addresses that could not be confirmed were later identified as unreported operators designated by the FIU. If all were blocked, the remaining 98% of normal transactions would be affected, and the platform could also face user claims.Bithumb also believes that the six-month sanction is excessive, effectively equivalent to prohibiting the platform from acquiring new customers. The company also questioned the FIU's criteria for identifying overseas operators and the reasonableness of the basis for the sanctions.

According to the official announcement, Bithumb will launch the AT/KRW trading pair.

According to a report by the Korean News Agency, the South Korean Ministry of Finance and Economy has convened a seminar on virtual asset taxation with five exchange operators: Dunamu, Bithumb, DigitalX, Coinone, and Streami, as well as institutions like the Financial Services Commission, to discuss current taxation regulations, market environment, tax preparation work, and the possibility of delaying or abolishing the tax, but no clear decisions have been made regarding related measures.South Korea's virtual asset taxation policy was established in 2020, originally scheduled for implementation in 2022, but has since been postponed to 2023, 2025, and 2027. The National Tax Service of South Korea is currently preparing relevant details, but matters such as staking still need to be negotiated with the Ministry of Finance and Economy; if the details are announced next month, there will be only about two months left until the planned implementation date.

According to official news, the DeAgentAI token $AIA has been launched on the South Korean exchange Bithumb's Korean Won market, opening the AIA/KRW trading pair. Its principal-protected staking financial plan has also officially opened. Users can participate with USDC, and upon maturity, the platform will return the equivalent amount of USDC in full according to the product terms, while additionally earning rewards of up to 50% of the actual staked AIA amount.The plan features three staking pools: Ultra, Boost, and Fast, with total AIA rewards over a 12-month period being 50%, 40%, and 35% of the actual amount bought and staked, respectively. The first rewards from the three pools will be distributed uniformly after the fundraising period ends in the 3rd, 2nd, and 1st months, respectively, and will then be automatically distributed monthly. The amount of USDC returned at maturity does not fluctuate with the AIA coin price, and the originally bought and staked AIA will not be returned.The initial open quota is 500,000 USDC, with a minimum participation amount of 350 USDC per transaction, and it will close once full. Users can buy AIA using USDC on the BNB Chain through the official page and complete the staking in the same transaction. For participation methods and complete rules, please refer to the official staking page.

According to official news, DeAgentAI's $AIA will be launched on the Bithumb Korean Won market, with the new AIA/KRW trading pair expected to open for trading on October 8 at 14:00 (Korean time, 13:00 Beijing time). At the same time, DeAgentAI is launching the $AIA principal protection staking plan, which allows participation with USDC, and upon maturity, the equivalent amount of USDC will be fully returned according to the rules, with additional rewards of up to 50% of the actual staked amount in AIA.The staking plan offers three pools: Ultra, Boost, and Fast, with total AIA rewards over a 12-month period being 50%, 40%, and 35% of the actual staked amount, respectively. The first rewards will be distributed uniformly after the end of the current fundraising period in the 3rd, 2nd, and 1st months, and thereafter will be automatically distributed monthly, allowing participants to choose between higher rewards and earlier receipt.The current open limit for staking is 500,000 USDC, with a minimum single transaction of 350 USDC, available in limited quantities until full. Participation requires going through the official page, using USDC on the BNB Chain to buy and stake AIA, and the originally purchased and staked AIA will not be returned upon maturity.

According to the official announcement, the South Korean cryptocurrency exchange Bithumb has announced that it will add support for Bedrock (BR) and Dolphin (POD) Korean won trading markets.Specifically, Bedrock (BR) will open for trading on October 6 at 19:00, supported by the BNB Smart Chain. Deposits and withdrawals are expected to open within 2 hours after the announcement, with a benchmark price of 590 Korean won and a required number of deposit confirmations of 15.Dolphin (POD) will open for trading on October 6 at 20:00, supported by Base. Deposits and withdrawals are expected to open within 2 hours after the announcement, with a benchmark price of 1086 Korean won and a required number of deposit confirmations of 200.Bithumb reminds users that only designated network deposits are supported, and transfers from other networks will not be supported.

According to Gate market data, due to network revenue being unable to cover maintenance costs, the Layer 2 network Blast announced it will cease operations. Following this announcement, South Korea's two major cryptocurrency exchanges, Upbit and Bithumb, have placed BLAST on their trading watchlists. BLAST has cumulatively dropped over 40%, currently priced at $0.0002433, with a market capitalization of approximately $24 million.

According to the official announcement, Bithumb will launch the US Korean Won trading pair, with trading expected to open at 15:00 local time.

According to the official announcement, the South Korean cryptocurrency exchange Bithumb will launch the PYUSD token on the Korean won market, with trading expected to open at 15:00 local time.

According to Chainwire, the crypto travel booking platform Travala and AVA Foundation announced a matching buyback arrangement. Travala will fund the buyback independently and in addition to the existing rewards supplementary buyback from AVA Foundation, increasing the monthly open market buyback amount from 1 times the member rewards to 2 times. The matched AVA purchased will be transferred to a new Travala AVA strategic reserve wallet, which is multi-sig custodial, and Travala commits that the AVA in it will never be sold or transferred out.Under the existing mechanism, AVA Foundation repurchases an amount of AVA each month equivalent to the amount of AVA distributed to AVA Smart members in the previous month and transfers it back to the ecological incentive wallet, with a historical total of 4,824,722 AVA repurchased. The first matched buyback has been completed: the Foundation repurchased 369,881.04 AVA in September, corresponding to the member rewards in August; Travala independently matched and purchased another 369,881.04 AVA, totaling 739,762.08 AVA. The Travala portion has been transferred to address 0x7bed1889c21d9eb3560463c14cd74fe29f2d03b6, and both buybacks can be verified on-chain separately.The AVA transferred to this wallet is permanently locked, with the monthly portion removed from the circulating supply and excluded from the official circulating supply through the AVA circulating supply interface. Travala will submit the reserve wallet address to CoinMarketCap and CoinGecko, and both parties will publicly report the numbers of the two buybacks each month.

According to New1, Bithumb Holdings recently held a board meeting, and the actual controller Lee Jung-hoon's confidant Kim Gi-bum was appointed as the new CEO, while the former CEO Lee Jae-won stepped down to focus on the operation of the Bithumb trading platform itself.Kim Gi-bum was previously the head of external relations at Bithumb, responsible for overseeing external communications and compliance management.

According to official news, South Korea's second-largest cryptocurrency exchange Bithumb will launch Cluster Protocol (CP).

South Korean cryptocurrency exchange Bithumb announced the launch of its artificial intelligence service "Bithumb AI," which analyzes market trends through artificial intelligence and provides users with personalized information. The service includes four features: AI coin signals, AI coin analysis, AI market trends, and AI recommendations. Currently, its artificial intelligence service covers the top 200 cryptocurrencies by market capitalization in the Korean won market.