According to Whale Alert monitoring, 32,078,901 XRP (approximately $19,557,285) was transferred from an unknown wallet to Bithumb.

Bithumb announced the addition of Moscoin (MOC) and Ravencoin (RVN) token-KRW trading pairs.

Bithumb announced the launch of SPURS. Recharge will be available at 11:00 on November 23, and trading and withdrawals will be available at 12:00 on November 23, supporting the Korean Won market.

According to data from the Bithumb exchange, the decentralized social protocol token RSS3 had a 24-hour trading volume of 52.31 million coins and a trading volume of $8.35 million. The trading volume increased by 1671.3%, reaching a new high in November, which is the highest in nearly three months. The current price of RSS3 is 217.4 Korean won (approximately $0.17), with a 24-hour increase of 16.88%.

Cryptocurrency trading platform Bithumb announced the addition of the HIFI Korean won market, supporting Ethereum (ERC-20) network deposits. Trading and withdrawals will begin at 12:00 on November 21, 2023.

According to official sources, Infomax, a financial information subsidiary of the South Korean news agency Yonhap, announced that it will provide standard prices for virtual assets in South Korea by the end of this year. Yonhap's Infomax has signed API supply contracts with the country's five major cryptocurrency exchanges (Upbit, Bithumb, Coinone, Korbit, and Gopax). Through this method, the standard price of the country's virtual assets will be provided every 30 minutes as a weighted average based on the actual trading volume of these five Korean won exchanges.

Bithumb, a South Korean cryptocurrency exchange, issued a statement stating that due to suspicions of large-scale insider selling of YFI, market volatility has intensified. Please be especially careful when trading Yeon Finance (YFI).

South Korean crypto exchanges Upbit and Bithumb have announced that the identity verification service using resident registration cards for customer verification is temporarily delayed due to an emergency inspection of the national ID verification agency. However, identity verification using driver's licenses can still be carried out normally, so it is faster to use driver's licenses for verification.

Former chairman of Bithumb Holdings and Bithumb Korea, Lee Jung-hoon, has been sentenced to 8 years in prison by the appellate court for a fraud case worth 110 billion Korean won.

South Korean cryptocurrency exchange Bithumb is reportedly planning to conduct an IPO in the second half of 2025, with Samsung Securities as its underwriter. The move is aimed at increasing the exchange's market share and catching up to its top domestic competitor, Upbit. Bithumb hopes to improve its image and attract more users through the IPO, which is not primarily motivated by funding. The exchange's former chairman, Lee Jeong-hoon, is also making a comeback as a registered director ahead of the possible IPO.