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CryptoPatel
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🇰🇷 South Korean Crypto Exchanges Set New Standards! 1️⃣ Major exchanges like Bithumb & Upbit establish guidelines to mitigate mass token delistings. 2️⃣ Over the next 6 months, they will review 1,300+ listed tokens for compliance. 3️⃣ Aim: Enhance investor protection under new digital asset regulations. 🌏 In Hong Kong: 1️⃣ Government to monitor and potentially adjust crypto regulations. 2️⃣ Addressing concerns raised by lawmakers on stringent licensing requirements. #CryptoNews #RegulationUpdates #Bithumb #upbit $BTC $ETH $SOL
🇰🇷 South Korean Crypto Exchanges Set New Standards!

1️⃣ Major exchanges like Bithumb & Upbit establish guidelines to mitigate mass token delistings.
2️⃣ Over the next 6 months, they will review 1,300+ listed tokens for compliance.
3️⃣ Aim: Enhance investor protection under new digital asset regulations.

🌏 In Hong Kong:
1️⃣ Government to monitor and potentially adjust crypto regulations.
2️⃣ Addressing concerns raised by lawmakers on stringent licensing requirements.

#CryptoNews #RegulationUpdates #Bithumb #upbit $BTC $ETH $SOL
South Korea arrests head of Bithumb Exchange. Prosecutors said they have arrested Kang Jong-hyun, the de-facto owner of local crypto exchange Bithumb, for alleged embezzlement and stock manipulation. #Bithumb #dyor #crypto2023 #bearorbull
South Korea arrests head of Bithumb Exchange.

Prosecutors said they have arrested Kang Jong-hyun, the de-facto owner of local crypto exchange Bithumb, for alleged embezzlement and stock manipulation. #Bithumb #dyor #crypto2023 #bearorbull
⚡Kang Jong-Hyun, the former chairman at South Korean crypto exchange #Bithumb has been arrested on charges of embezzlement, breach of trust and fraudulent illegal transactions. #cryptotrading #pumpanddump
⚡Kang Jong-Hyun, the former chairman at South Korean crypto exchange #Bithumb has been arrested on charges of embezzlement, breach of trust and fraudulent illegal transactions.

#cryptotrading #pumpanddump
Bithumb Is Under Investigation For Listing On An Unauthorized Virtual Asset MarketThe prosecution is also investigating the #Bithumb leaders and employees for listing virtual currencies in exchange for payment. Similar to the South Korean encryption exchange Coinone, it was revealed on March 17 that employees of the South Korean encryption exchange Bithumb are also under investigation by law enforcement for allegedly taking payment to list cryptocurrencies. The office of Bithumb Holdings and the suspect Lee were taken and searched by the Financial Investigation Division 2 of the Seoul Southern District Prosecutors Office. While the prosecution is undertaking an investigation, it is impossible to say, the platform official said. But I'm not sure what it's about because the prosecutor's office's seizure and search did not target Bithumb assets, but rather humans. Mr. Lee, a worker for Bithumb Holdings, the company that owns this virtual asset exchange, is being investigated by the prosecution for listing a certain virtual currency on the exchange for cash. Her aunt's home and the office of Bithumb Holdings are alleged to have been searched and confiscated by the Financial Investigation Division 2 of the Seoul Southern District Prosecutor's Office, led by Chief Prosecutor Chae Hee-man. A former Coinone employee named Jeon was under investigation in February by the Seoul Southern District Prosecutor's Office for allegedly accepting hundreds of millions of won in exchange for listing many cryptocurrencies that had just been introduced to the market. Other #virtual asset exchanges were put on high alert when the prosecution began looking into Bithumb and Coinone, the second and third largest companies in the sector, on the basis of allegations of #illegal listing. This is due to the fact that there has been ongoing debate in the virtual asset market regarding "illegal listing," which involves the listing of virtual currencies for money, and that new problems could arise as a result of the investigation by the prosecution.

Bithumb Is Under Investigation For Listing On An Unauthorized Virtual Asset Market

The prosecution is also investigating the #Bithumb leaders and employees for listing virtual currencies in exchange for payment.

Similar to the South Korean encryption exchange Coinone, it was revealed on March 17 that employees of the South Korean encryption exchange Bithumb are also under investigation by law enforcement for allegedly taking payment to list cryptocurrencies. The office of Bithumb Holdings and the suspect Lee were taken and searched by the Financial Investigation Division 2 of the Seoul Southern District Prosecutors Office.

While the prosecution is undertaking an investigation, it is impossible to say, the platform official said. But I'm not sure what it's about because the prosecutor's office's seizure and search did not target Bithumb assets, but rather humans.

Mr. Lee, a worker for Bithumb Holdings, the company that owns this virtual asset exchange, is being investigated by the prosecution for listing a certain virtual currency on the exchange for cash. Her aunt's home and the office of Bithumb Holdings are alleged to have been searched and confiscated by the Financial Investigation Division 2 of the Seoul Southern District Prosecutor's Office, led by Chief Prosecutor Chae Hee-man.

A former Coinone employee named Jeon was under investigation in February by the Seoul Southern District Prosecutor's Office for allegedly accepting hundreds of millions of won in exchange for listing many cryptocurrencies that had just been introduced to the market.

Other #virtual asset exchanges were put on high alert when the prosecution began looking into Bithumb and Coinone, the second and third largest companies in the sector, on the basis of allegations of #illegal listing. This is due to the fact that there has been ongoing debate in the virtual asset market regarding "illegal listing," which involves the listing of virtual currencies for money, and that new problems could arise as a result of the investigation by the prosecution.
LIVE
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Bearish
🔥 $XRP Extravaganza Alert! 🚀🚨 In a blink of the crypto eye, a seismic event just shook the #XRP realm! 🌐 Approximately 25 minutes ago, a staggering 32,078,901 XRP (19,557,285 USD) embarked on a journey from the wallet rDxfhNRgCDNDckm45zT5ayhKDC4Ljm7UoP to the illustrious #Bithumb . 🔗 Witness the Ripple Effect: Transaction Hash: 👇 BC76B5F085792B2BDCCFE928F4555284E517751BE120A477A56F34843078FD7B #ripple 🚨 Disclaimer: #crypto voyages come with excitement and mystery. While this event sparks curiosity, always navigate these digital waters with caution and conduct thorough research. 🌌 Stay tuned as the Crypto Symphony Continues to Unfold! 🎶🚀 😍 A small LIKE and FOLLOW, Motivates me a lot 😍
🔥 $XRP Extravaganza Alert! 🚀🚨

In a blink of the crypto eye, a seismic event just shook the #XRP realm! 🌐

Approximately 25 minutes ago, a staggering 32,078,901 XRP (19,557,285 USD) embarked on a journey from the wallet rDxfhNRgCDNDckm45zT5ayhKDC4Ljm7UoP to the illustrious #Bithumb .

🔗 Witness the Ripple Effect:

Transaction Hash: 👇

BC76B5F085792B2BDCCFE928F4555284E517751BE120A477A56F34843078FD7B

#ripple
🚨 Disclaimer:
#crypto voyages come with excitement and mystery. While this event sparks curiosity, always navigate these digital waters with caution and conduct thorough research.

🌌 Stay tuned as the Crypto Symphony Continues to Unfold! 🎶🚀

😍 A small LIKE and FOLLOW, Motivates me a lot 😍
📢 Bithumb extends MVC's investment cautionary status and ceases trading support for DFA and BERRY, effective January 2 next year at 15:00. 📈🚫 #CryptoNews #Bithumb
📢 Bithumb extends MVC's investment cautionary status and ceases trading support for DFA and BERRY, effective January 2 next year at 15:00. 📈🚫 #CryptoNews #Bithumb
📈 According to CoinGecko, Bithumb's Open Campus (EDU) is experiencing a Kimchi premium of over 650%, with a price of $5.0751 on Bithumb compared to $0.6857 on CoinMarketCap. 🚀 Bithumb has also temporarily suspended deposit and withdrawal services for BEP-20 series virtual assets due to the Binance Smart Chain (BSC) network upgrade, announced at 14:00 today. 📊💰 #Bithumb #OpenCampus #CryptoPremium
📈 According to CoinGecko, Bithumb's Open Campus (EDU) is experiencing a Kimchi premium of over 650%, with a price of $5.0751 on Bithumb compared to $0.6857 on CoinMarketCap. 🚀 Bithumb has also temporarily suspended deposit and withdrawal services for BEP-20 series virtual assets due to the Binance Smart Chain (BSC) network upgrade, announced at 14:00 today. 📊💰 #Bithumb #OpenCampus #CryptoPremium
📉 Bithumb Live, a live commerce platform backed by the Bithumb cryptocurrency exchange, has reportedly gone bankrupt. The platform faced management challenges, issued a closure notice last year, and is now undergoing bankruptcy proceedings. Major creditors include LG U+, SK Telecom, SK Magic, and Lotte Card. The Seoul Bankruptcy Court is set to conduct a creditors' meeting and bond investigation on the 28th of next month. #Bithumb #Bankruptcy #Cryptocurrency 📉🇰🇷
📉 Bithumb Live, a live commerce platform backed by the Bithumb cryptocurrency exchange, has reportedly gone bankrupt. The platform faced management challenges, issued a closure notice last year, and is now undergoing bankruptcy proceedings. Major creditors include LG U+, SK Telecom, SK Magic, and Lotte Card. The Seoul Bankruptcy Court is set to conduct a creditors' meeting and bond investigation on the 28th of next month.
#Bithumb #Bankruptcy #Cryptocurrency 📉🇰🇷
LIVE
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Bullish
🚀📈 $ORBS Skyrockets 43%! 💥💰 A Meteoric Rise! 🌠🚀 Today, the price of ORBS lit up the charts with a stunning 43% surge! 📈🚀 The majority of this trading frenzy unfolded on the Korean exchanges #Upbit (93.8%) and #Bithumb (4.8%) 🌏📊 DWF Labs joined the party by depositing a whopping 24M ORBS ($792K) into Bithumb after this electrifying price surge! 🎉🚀 Could this be the start of something even bigger? 🚀🌕 🚨 Keep an eye on the skies, but trade wisely! 💡💰 #CryptoAlert #ORBS Disclaimer: Cryptocurrency investments carry risks. Always do your research before making any financial decisions. 📚💼 🙏 Please FOLLOW & LIKE 🙏 It's Motivates me a LOT ❤️
🚀📈 $ORBS Skyrockets 43%! 💥💰
A Meteoric Rise! 🌠🚀
Today, the price of ORBS lit up the charts with a stunning 43% surge! 📈🚀

The majority of this trading frenzy unfolded on the Korean exchanges #Upbit (93.8%) and #Bithumb (4.8%) 🌏📊

DWF Labs joined the party by depositing a whopping 24M ORBS ($792K) into Bithumb after this electrifying price surge! 🎉🚀

Could this be the start of something even bigger? 🚀🌕

🚨 Keep an eye on the skies, but trade wisely! 💡💰 #CryptoAlert #ORBS

Disclaimer: Cryptocurrency investments carry risks. Always do your research before making any financial decisions. 📚💼

🙏 Please FOLLOW & LIKE 🙏 It's Motivates me a LOT ❤️
🚨 Bithumb Temporarily Suspends GXA Services! 🛑 Bithumb announces the temporary suspension of Galaxia (GXA) deposit and withdrawal services due to a network issue with GXA. ⚠️ This development follows earlier reports of hacking circumstances detected in GXA, as highlighted by multiple cryptocurrency communities. 🔄 Stay tuned for updates on the resolution of the network issue and the resumption of GXA services on Bithumb. #Bithumb #GalaxiaGXA #CryptoUpdate
🚨 Bithumb Temporarily Suspends GXA Services! 🛑 Bithumb announces the temporary suspension of Galaxia (GXA) deposit and withdrawal services due to a network issue with GXA. ⚠️ This development follows earlier reports of hacking circumstances detected in GXA, as highlighted by multiple cryptocurrency communities. 🔄 Stay tuned for updates on the resolution of the network issue and the resumption of GXA services on Bithumb. #Bithumb #GalaxiaGXA #CryptoUpdate
🚀📢 Major Crypto Transfers Alert! 🚨🔥 🌐💸 Stay in the Loop with These #cryptocurrency Movements! 💰📊🚀 🚀📢 Major Crypto Transfers Alert! 🚨🔥 🔸 100,000,000 $CHZ (6,327,008 USD) just moved from #Binance ! 📄 Transaction Hash👇 0x34fbfb586817d819ddc452a39e6070a25a68aee7199b10fc86fe464fc10814a6 🔸 🚨 🚨 🚨 🚨 55,799 $ETH (93,317,748 USD) transferred from Binance! 📄 Transaction Hash👇 0xe8806354ec762e20464e223d204deab40a97f6f9fdd9568689722dc1acf04073 🔸 36,370,840 $XRP (18,775,470 USD) on the move to #Bithumb ! 📄 Transaction Hash👇 5390A97CB2EB10EF4BD30B15AF2E09C3DD262DEF0A85FA645B4944C29AE7D56D Stay tuned for updates on these significant crypto transactions! 🚀📈💰 #CryptoAlert #CryptoTransfers 🙏 Please FOLLOW & LIKE 🙏 It's Motivates me a LOT ❤️
🚀📢 Major Crypto Transfers Alert! 🚨🔥 🌐💸
Stay in the Loop with These #cryptocurrency Movements! 💰📊🚀

🚀📢 Major Crypto Transfers Alert! 🚨🔥

🔸 100,000,000 $CHZ (6,327,008 USD) just moved from #Binance !
📄 Transaction Hash👇
0x34fbfb586817d819ddc452a39e6070a25a68aee7199b10fc86fe464fc10814a6

🔸 🚨 🚨 🚨 🚨 55,799 $ETH (93,317,748 USD) transferred from Binance!
📄 Transaction Hash👇
0xe8806354ec762e20464e223d204deab40a97f6f9fdd9568689722dc1acf04073

🔸 36,370,840 $XRP (18,775,470 USD) on the move to #Bithumb !
📄 Transaction Hash👇
5390A97CB2EB10EF4BD30B15AF2E09C3DD262DEF0A85FA645B4944C29AE7D56D

Stay tuned for updates on these significant crypto transactions! 🚀📈💰
#CryptoAlert #CryptoTransfers

🙏 Please FOLLOW & LIKE 🙏 It's Motivates me a LOT ❤️
#Write2earn #BONK Token Rockets After #Bithumb Listing: Bullish Trends on the Rise #BONKKILLER $BONK $SOL Bithumb's listing of Bonk (BONK), the pioneering dog-themed cryptocurrency on the Solana network, marks a significant milestone for the token. Trading for BONK on the Korean won market starts at 5:00 p.m. on May 16, triggering a surge in both its price and trading volume. This listing on Bithumb opens up one of Asia's largest cryptocurrency markets to BONK, enhancing liquidity and attracting a broader investor base. Since the announcement, BONK's market performance has been impressive, with its price rising by 9.57% to $0.00002611 in the past 24 hours. Over the last 30 days, BONK's price has surged by 78.5%, indicating strong bullish momentum. Trading volume has increased by 36.53% to $498.6 million, reflecting heightened investor interest. BONK's market capitalization has also risen by 9.37% to $1.66 billion. Additionally, Open Interest for BONK has surged by 13.24% to $280.82 million, suggesting growing trader participation and bullish sentiment. Overall, BONK's listing on Bithumb has propelled its trading volume and price, signaling a positive outlook for further expansion and stability in the cryptocurrency market.
#Write2earn #BONK Token Rockets After #Bithumb Listing: Bullish Trends on the Rise #BONKKILLER $BONK $SOL

Bithumb's listing of Bonk (BONK), the pioneering dog-themed cryptocurrency on the Solana network, marks a significant milestone for the token. Trading for BONK on the Korean won market starts at 5:00 p.m. on May 16, triggering a surge in both its price and trading volume.

This listing on Bithumb opens up one of Asia's largest cryptocurrency markets to BONK, enhancing liquidity and attracting a broader investor base.
Since the announcement, BONK's market performance has been impressive, with its price rising by 9.57% to $0.00002611 in the past 24 hours. Over the last 30 days, BONK's price has surged by 78.5%, indicating strong bullish momentum.

Trading volume has increased by 36.53% to $498.6 million, reflecting heightened investor interest. BONK's market capitalization has also risen by 9.37% to $1.66 billion.
Additionally, Open Interest for BONK has surged by 13.24% to $280.82 million, suggesting growing trader participation and bullish sentiment.

Overall, BONK's listing on Bithumb has propelled its trading volume and price, signaling a positive outlook for further expansion and stability in the cryptocurrency market.
🚨 High-Stakes #crypto Rollercoaster: Whale's $7.06M #PERP Gamble Ends $2.04M Loss🚨😬😬 A substantial #cryptocurrency holder recently conducted a series of transactions, which began with a withdrawal of 4,700 #Ethereum , valued at approximately $7.66 million, from the #Bithumb exchange within the last two days. Following this, the individual proceeded to acquire a noteworthy 6.8 million PERP tokens, equivalent to $7.06 million, at a rate of $1.08 per token, consequently constituting a significant 10% of the total $PERP token circulation. However, it is worth noting that subsequently, all the acquired PERP tokens were divested for 5.02 million USDT, achieving this at an average selling price of $0.74 per token. Regrettably, this strategic maneuver resulted in a notable financial loss amounting to $2.04 million, reflecting a substantial decline of -29%. For reference, the address associated with these transactions is 0x912C54C024E446602eb0A0D9002D67eA7b528573. $ETH 🙏 Please, FOLLOW & LIKE 🙏 It's Motivates me a LOT 🙏
🚨 High-Stakes #crypto Rollercoaster: Whale's $7.06M #PERP Gamble Ends $2.04M Loss🚨😬😬

A substantial #cryptocurrency holder recently conducted a series of transactions, which began with a withdrawal of 4,700 #Ethereum , valued at approximately $7.66 million, from the #Bithumb exchange within the last two days. Following this, the individual proceeded to acquire a noteworthy 6.8 million PERP tokens, equivalent to $7.06 million, at a rate of $1.08 per token, consequently constituting a significant 10% of the total $PERP token circulation.

However, it is worth noting that subsequently, all the acquired PERP tokens were divested for 5.02 million USDT, achieving this at an average selling price of $0.74 per token. Regrettably, this strategic maneuver resulted in a notable financial loss amounting to $2.04 million, reflecting a substantial decline of -29%.

For reference, the address associated with these transactions is 0x912C54C024E446602eb0A0D9002D67eA7b528573.

$ETH

🙏 Please, FOLLOW & LIKE 🙏 It's Motivates me a LOT 🙏
🚨 Bithumb designates APM (APM) and Publish (NEWS) as investment cautionary stocks. 📉🚫 #CryptoNews #Bithumb
🚨 Bithumb designates APM (APM) and Publish (NEWS) as investment cautionary stocks. 📉🚫 #CryptoNews #Bithumb
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