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Bithumb

Bithumb

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Korea's crypto exchange

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Bithumb is a major cryptocurrency exchange in Korea.

Bithumb: Compromised Internal System Operates Independently from Trading Platform; Whether Customer Information Was Involved Remains Under Investigation

Odaily reports: South Korean cryptocurrency exchange Bithumb has stated that its internal mobile system used by employees for work and communications was breached by external parties, with some personal information stolen. The exchange is currently investigating the specific scope of impact, including whether customer information was involved.Bithumb discovered the breach on October 27 and has reported it to the Korea Internet & Security Agency and the Personal Information Protection Commission. The exchange emphasized that the compromised internal system operates independently from its trading platform, and that attackers cannot access customer crypto assets through this breach.As of now, no crypto asset losses have been reported, and the specific number of affected individuals and whether deposit and withdrawal services were impacted have not yet been disclosed. (CoinDesk)

Three Korean financial institutions, including Bithumb, confirmed hacked

According to Yonhap News Agency, the South Korean Financial Supervisory Service has confirmed that a cybersecurity incident occurred at cryptocurrency exchange Bithumb, Mirae Asset Management, and Daishin Securities, with further investigations underway. Daishin Securities disclosed that the personal and credit information of 38,490 customers was compromised, while Bithumb reported that its internal mobile office system was accessed abnormally by unauthorized external parties and is currently analyzing the precise scope of the data breach. The South Korean Financial Supervisory Service has dispatched an on-site inspection team to Daishin Securities and has mandated that financial institutions strengthen their IT security measures.

Bithumb's Administrative Lawsuit Holds First Hearing, Citing Regulatory Gap for Transfers Under 1 Million Won

According to reports by Korean media outlet Digital Asset, the Second Division of the Seoul Administrative Court held its first hearing on Oct. 22 regarding the administrative lawsuit between Bithumb and Korea's Financial Intelligence Unit (FIU). The FIU found that Bithumb conducted 45,772 transfers with 18 unregistered crypto asset operators between August 28, 2022, and April 3, 2025, and accordingly issued penalties, which included a partial suspension restricting new customers from transferring crypto assets externally for six months. Bithumb stated during the hearing that transfers of 1 million KRW or above are subject to the "travel rule," and since unregistered operators have been removed from the list of eligible exchanges, there were zero non-compliant outbound transfers in that tier. Transfers under 1 million KRW were not covered by the travel rule at the time; thus, the platform had no legal basis to demand that customers provide recipient exchange details, nor did regulators specify clear blocking protocols. Bithumb also noted that after implementing the Chainalysis API, only about 2% of initially unverifiable addresses were later identified as FIU-designated unregistered operators. Enforcing blanket blocks would disrupt the remaining 98% of legitimate transactions, potentially exposing the platform to customer compensation claims. Bithumb further argued that the six-month penalty is excessively severe and practically amounts to banning the platform from acquiring new customers. The company also challenged the FIU's criteria for classifying overseas operators and the grounds for the...

South Korea Sees Renewed Calls to Delay Crypto Tax, Related Bill Proposes Implementation in 2029

Senior officials from South Korea's finance ministry plan to hold consultations with major cryptocurrency exchanges on Tuesday, with participants including representatives from Upbit, Bithumb, Coinone, DigitalX, Gopax, and the Digital Asset Exchange Alliance (DAXA). Yoo Young-jun, Director General of the Digital Finance Policy Bureau at South Korea's Financial Services Commission, will attend the meeting.South Korea has postponed the crypto tax three times, most recently pushing the implementation date to 2027. Exchanges say that applicable rules for different transaction types have not yet been determined and that infrastructure preparation time is limited, with the industry broadly supporting a further delay of the tax.South Korean Democratic Party lawmaker Park Min-gyu recently proposed a bill that would set the tax start date as January 1 of the second year after South Korea begins sharing data under the OECD Crypto-Asset Reporting Framework (CARF). If the first data exchange takes place in 2027, the tax would begin in 2029. (Cointelegraph)

South Korean cryptocurrency exchanges, constrained to spot trading, saw Q2 trading volume decline by 33% while facing a dual dilemma of regulatory pressure and tax burdens.

据 Daum 报道,在全球加密货币交易所积极拓展永续合约、期权及传统股票等衍生品业务之际,韩国本土交易所因监管限制仍仅能提供现货交易。CoinGecko 数据显示,2026 年第二季度,Upbit、Bithumb、Coinone、DigitalX(原 Korbit)和 GOPAX 等韩国五大韩元交易所的现货交易总额约为 1467 亿美元,较一季度的 2188 亿美元减少 33.0%。

Bithumb: Gate Officially Included in Bithumb CODE VASP Support Scope

according to Bithumb's official announcement, Gate has been officially added to the VASP (Virtual Asset Service Provider) support list of CODE, the Travel Rule (anti-money laundering fund transfer rule) compliance solution under South Korea's Bithumb.Previously, Gate had also been included by Upbit in its supported overseas VASP scope. With this inclusion in Bithumb CODE's support scope, users can now conduct digital asset transfers that comply with Travel Rule requirements between Gate and other CODE-connected VASPs.

CZ: Four data breach incidents occurred today, and users should strengthen their account security protections

Odaily reports: Binance founder CZ posted on the X platform that four data breach incidents were reported today, involving Coinbase third-party service provider Amplitude, South Korean crypto exchange Bithumb, and South Korean traditional financial institutions Mirae Asset and Daishin Securities. Among them, the Amplitude security incident affected the contact information of some Coinbase users, but user funds were not affected.CZ noted that information such as names, emails, phone numbers, addresses, identity documents, and transaction records leaked from trading platforms may be used for phishing, SIM-swapping, and social engineering attacks.In response, CZ recommends that users set up separate email addresses and strong passwords for different trading platforms, prioritize the use of hardware security keys, Passkeys, or authenticator apps, avoid relying on SMS two-factor authentication, and enable security features such as withdrawal address whitelists and anti-phishing codes. At the same time, users should regularly check account login sessions and API key permissions, and be vigilant against scams impersonating customer service.CZ also reminded users that if a platform suffers a data breach, they should promptly change passwords, revoke unnecessary API keys, check withdrawal records, and be alert to phishing attacks carried out using leaked information. In addition, leaked home addresses and asset holdings information may give rise to real-world extortion or robbery risks, and users should avoid publicly disclosing their personal asset situation.

Upbit, Bithumb List Initia (INIT) as Trading Warning Asset

According to announcements from Upbit and Bithumb, both Korean cryptocurrency exchanges have designated Initia (INIT) as a trading alert asset due to unexplained or unresolved security incidents, such as hacks impacting related wallets or distributed ledgers, which could lead to user asset losses. Currently, deposit and withdrawal services for INIT on both exchanges have been suspended. Upbit stated that upon resumption, withdrawals will be prioritized, with deposit services to be announced separately.

Bithumb's Administrative Lawsuit Holds First Hearing, Citing Regulatory Gap for Transfers Under 1 Million Won

According to reports by Korean media outlet Digital Asset, the Second Division of the Seoul Administrative Court held its first hearing on Oct. 22 regarding the administrative lawsuit between Bithumb and Korea's Financial Intelligence Unit (FIU). The FIU found that Bithumb conducted 45,772 transfers with 18 unregistered crypto asset operators between August 28, 2022, and April 3, 2025, and accordingly issued penalties, which included a partial suspension restricting new customers from transferring crypto assets externally for six months. Bithumb stated during the hearing that transfers of 1 million KRW or above are subject to the "travel rule," and since unregistered operators have been removed from the list of eligible exchanges, there were zero non-compliant outbound transfers in that tier. Transfers under 1 million KRW were not covered by the travel rule at the time; thus, the platform had no legal basis to demand that customers provide recipient exchange details, nor did regulators specify clear blocking protocols. Bithumb also noted that after implementing the Chainalysis API, only about 2% of initially unverifiable addresses were later identified as FIU-designated unregistered operators. Enforcing blanket blocks would disrupt the remaining 98% of legitimate transactions, potentially exposing the platform to customer compensation claims. Bithumb further argued that the six-month penalty is excessively severe and practically amounts to banning the platform from acquiring new customers. The company also challenged the FIU's criteria for classifying overseas operators and the grounds for the...

Bithumb to List Bedrock (BR) and Dolphin (POD)

Odaily News: According to an official announcement, South Korean crypto 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, with the supported network being BNB Smart Chain. Deposits and withdrawals are expected to open within 2 hours after the announcement is published. The reference price is 590 Korean won, and the required number of deposit confirmations is 15.Dolphin (POD) will open for trading on October 6 at 20:00, with the supported network being Base. Deposits and withdrawals are expected to open within 2 hours after the announcement is published. The reference price is 1086 Korean won, and the required number of deposit confirmations is 200.Bithumb reminds users that deposits are only supported via the specified networks, and transfers from other networks will not be supported.

Bonk Guy Calls Another Token USELESS: Already Listed on Upbit and Bithumb, Watch for Its Potential Upside

Trader Bonk Guy (Unipcs) posted that he has long considered USELESS to be this cycle's equivalent to DOGE, SHIB, or PEPE, yet many continue to disregard it. He noted that South Korea's two major centralized exchanges, Upbit and Bithumb, listed USELESS just hours apart today, granting it a major new distribution channel from one of the world's key crypto markets. Bonk Guy further emphasized that attention should remain on whether USELESS will be listed on Hyperliquid, Robinhood, or Binance Spot next. He argued that instead of debating whether USELESS will emerge as this cycle's flagship memecoin, focus should shift to how high its price can potentially reach, as the underlying pattern is becoming increasingly clear. He also noted that investors can either accumulate USELESS now or wait until its market cap reaches several billion dollars, perceiving that stage as "safer".

Core DAO Plans Emergency Hard Fork as Validators Receive Excess CORE Rewards

Odaily News: Blockchain project Core DAO has announced a coordinated emergency hard fork, caused by validators receiving CORE rewards exceeding the blockchain's originally scheduled issuance. Core DAO stated that the incident is under control, malicious validators can no longer continue to obtain excess rewards, and the upgrade will not roll back the network or revoke confirmed transactions.Core DAO previously stated that a small number of validators had accumulated rewards significantly higher than the protocol's set issuance, and that the incident only involved reward distribution, with user assets remaining secure. Coinbase, Bithumb, Coinone, Bitget, and LBank had restricted CORE deposits, withdrawals, or transfers.Core DAO has not yet disclosed the amount of excess CORE issued, the duration of the related activity, whether the extra tokens entered circulation, or the cause of the vulnerability, and stated that it will publish a technical post-mortem report. (Cointelegraph)

Bithumb Update Hacking Incident: 6,444 Customers' Data Stolen, Personal Information of 844 Leaked

Bithumb stated that on October 27, its internal mobile collaboration system, DaouOffice, was subjected to unauthorized external access, resulting in the theft of some customer and employee personal information. The incident involved 6,444 customers, among whom the data for 5,600 individuals was encrypted and unreadable, while an additional 844 customers were confirmed to have had their personal information compromised. Furthermore, the information of 715 employees and partner personnel was also affected.

Bithumb: Compromised Internal System Operates Independently from Trading Platform; Whether Customer Information Was Involved Remains Under Investigation

Odaily reports: South Korean cryptocurrency exchange Bithumb has stated that its internal mobile system used by employees for work and communications was breached by external parties, with some personal information stolen. The exchange is currently investigating the specific scope of impact, including whether customer information was involved.Bithumb discovered the breach on October 27 and has reported it to the Korea Internet & Security Agency and the Personal Information Protection Commission. The exchange emphasized that the compromised internal system operates independently from its trading platform, and that attackers cannot access customer crypto assets through this breach.As of now, no crypto asset losses have been reported, and the specific number of affected individuals and whether deposit and withdrawal services were impacted have not yet been disclosed. (CoinDesk)

CZ: Four data breach incidents occurred today, and users should strengthen their account security protections

Odaily reports: Binance founder CZ posted on the X platform that four data breach incidents were reported today, involving Coinbase third-party service provider Amplitude, South Korean crypto exchange Bithumb, and South Korean traditional financial institutions Mirae Asset and Daishin Securities. Among them, the Amplitude security incident affected the contact information of some Coinbase users, but user funds were not affected.CZ noted that information such as names, emails, phone numbers, addresses, identity documents, and transaction records leaked from trading platforms may be used for phishing, SIM-swapping, and social engineering attacks.In response, CZ recommends that users set up separate email addresses and strong passwords for different trading platforms, prioritize the use of hardware security keys, Passkeys, or authenticator apps, avoid relying on SMS two-factor authentication, and enable security features such as withdrawal address whitelists and anti-phishing codes. At the same time, users should regularly check account login sessions and API key permissions, and be vigilant against scams impersonating customer service.CZ also reminded users that if a platform suffers a data breach, they should promptly change passwords, revoke unnecessary API keys, check withdrawal records, and be alert to phishing attacks carried out using leaked information. In addition, leaked home addresses and asset holdings information may give rise to real-world extortion or robbery risks, and users should avoid publicly disclosing their personal asset situation.

Three Korean financial institutions, including Bithumb, confirmed hacked

According to Yonhap News Agency, the South Korean Financial Supervisory Service has confirmed that a cybersecurity incident occurred at cryptocurrency exchange Bithumb, Mirae Asset Management, and Daishin Securities, with further investigations underway. Daishin Securities disclosed that the personal and credit information of 38,490 customers was compromised, while Bithumb reported that its internal mobile office system was accessed abnormally by unauthorized external parties and is currently analyzing the precise scope of the data breach. The South Korean Financial Supervisory Service has dispatched an on-site inspection team to Daishin Securities and has mandated that financial institutions strengthen their IT security measures.

Upbit, Bithumb List Initia (INIT) as Trading Warning Asset

According to announcements from Upbit and Bithumb, both Korean cryptocurrency exchanges have designated Initia (INIT) as a trading alert asset due to unexplained or unresolved security incidents, such as hacks impacting related wallets or distributed ledgers, which could lead to user asset losses. Currently, deposit and withdrawal services for INIT on both exchanges have been suspended. Upbit stated that upon resumption, withdrawals will be prioritized, with deposit services to be announced separately.

Core DAO Plans Emergency Hard Fork as Validators Receive Excess CORE Rewards

Odaily News: Blockchain project Core DAO has announced a coordinated emergency hard fork, caused by validators receiving CORE rewards exceeding the blockchain's originally scheduled issuance. Core DAO stated that the incident is under control, malicious validators can no longer continue to obtain excess rewards, and the upgrade will not roll back the network or revoke confirmed transactions.Core DAO previously stated that a small number of validators had accumulated rewards significantly higher than the protocol's set issuance, and that the incident only involved reward distribution, with user assets remaining secure. Coinbase, Bithumb, Coinone, Bitget, and LBank had restricted CORE deposits, withdrawals, or transfers.Core DAO has not yet disclosed the amount of excess CORE issued, the duration of the related activity, whether the extra tokens entered circulation, or the cause of the vulnerability, and stated that it will publish a technical post-mortem report. (Cointelegraph)

Bithumb to Terminate Trading Support for BLUR and CORE

According to the official announcement from Bithumb, Bithumb will terminate trading support for BLUR and CORE.

Bithumb Update Hacking Incident: 6,444 Customers' Data Stolen, Personal Information of 844 Leaked

Bithumb stated that on October 27, its internal mobile collaboration system, DaouOffice, was subjected to unauthorized external access, resulting in the theft of some customer and employee personal information. The incident involved 6,444 customers, among whom the data for 5,600 individuals was encrypted and unreadable, while an additional 844 customers were confirmed to have had their personal information compromised. Furthermore, the information of 715 employees and partner personnel was also affected.

Bithumb to list AXIS/KRW trading pair

According to an official announcement, South Korean cryptocurrency exchange Bithumb will list the AXIS/KRW trading pair for Axis Robotics, scheduled to officially open trading at 11:00 Beijing Time today.

Bithumb Will List AT/KRW Trading Pair

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

47 days after launch, Bithumb AI surpassed 500,000 cumulative users. The service is powered by Surf, with 95% of high-volume traders already using it.

According to Korean media reports, Bithumb AI, an AI investment information service launched by South Korean cryptocurrency exchange Bithumb, surpassed 500,000 cumulative users in just 47 days since launch, averaging around 80,000 daily users. Data shows that approximately 70% of Bithumb's trading users have used the service, with a utilization rate of up to 95% among users with monthly transaction volumes exceeding 100 million KRW (approximately $75,000).

Bithumb to list CT/KRW trading pair

According to official announcements, Bithumb will list the CT/KRW trading pair.

Related news

Bithumb Lists RECALL as an Investment Warning

According to an official announcement from Bithumb, RECALL has been placed under an investment warning.

Bithumb to Terminate Trading Support for BLUR and CORE

According to the official announcement from Bithumb, Bithumb will terminate trading support for BLUR and CORE.

Bithumb Update Hacking Incident: 6,444 Customers' Data Stolen, Personal Information of 844 Leaked

Bithumb stated that on October 27, its internal mobile collaboration system, DaouOffice, was subjected to unauthorized external access, resulting in the theft of some customer and employee personal information. The incident involved 6,444 customers, among whom the data for 5,600 individuals was encrypted and unreadable, while an additional 844 customers were confirmed to have had their personal information compromised. Furthermore, the information of 715 employees and partner personnel was also affected.

Bithumb: Compromised Internal System Operates Independently from Trading Platform; Whether Customer Information Was Involved Remains Under Investigation

Odaily reports: South Korean cryptocurrency exchange Bithumb has stated that its internal mobile system used by employees for work and communications was breached by external parties, with some personal information stolen. The exchange is currently investigating the specific scope of impact, including whether customer information was involved.Bithumb discovered the breach on October 27 and has reported it to the Korea Internet & Security Agency and the Personal Information Protection Commission. The exchange emphasized that the compromised internal system operates independently from its trading platform, and that attackers cannot access customer crypto assets through this breach.As of now, no crypto asset losses have been reported, and the specific number of affected individuals and whether deposit and withdrawal services were impacted have not yet been disclosed. (CoinDesk)

CZ: Four data breach incidents occurred today, and users should strengthen their account security protections

Odaily reports: Binance founder CZ posted on the X platform that four data breach incidents were reported today, involving Coinbase third-party service provider Amplitude, South Korean crypto exchange Bithumb, and South Korean traditional financial institutions Mirae Asset and Daishin Securities. Among them, the Amplitude security incident affected the contact information of some Coinbase users, but user funds were not affected.CZ noted that information such as names, emails, phone numbers, addresses, identity documents, and transaction records leaked from trading platforms may be used for phishing, SIM-swapping, and social engineering attacks.In response, CZ recommends that users set up separate email addresses and strong passwords for different trading platforms, prioritize the use of hardware security keys, Passkeys, or authenticator apps, avoid relying on SMS two-factor authentication, and enable security features such as withdrawal address whitelists and anti-phishing codes. At the same time, users should regularly check account login sessions and API key permissions, and be vigilant against scams impersonating customer service.CZ also reminded users that if a platform suffers a data breach, they should promptly change passwords, revoke unnecessary API keys, check withdrawal records, and be alert to phishing attacks carried out using leaked information. In addition, leaked home addresses and asset holdings information may give rise to real-world extortion or robbery risks, and users should avoid publicly disclosing their personal asset situation.

Three Korean financial institutions, including Bithumb, confirmed hacked

According to Yonhap News Agency, the South Korean Financial Supervisory Service has confirmed that a cybersecurity incident occurred at cryptocurrency exchange Bithumb, Mirae Asset Management, and Daishin Securities, with further investigations underway. Daishin Securities disclosed that the personal and credit information of 38,490 customers was compromised, while Bithumb reported that its internal mobile office system was accessed abnormally by unauthorized external parties and is currently analyzing the precise scope of the data breach. The South Korean Financial Supervisory Service has dispatched an on-site inspection team to Daishin Securities and has mandated that financial institutions strengthen their IT security measures.