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South Korea Temporarily Suspends Cryptocurrency Lending Services Due to Concerns Over Excessive LeverageSouth Korea has temporarily suspended new cryptocurrency lending services following a major liquidation event at the #Bithumb exchange, where over 13% of the 27,000 users were liquidated. This move is a direct response to increasing leverage risks in the market. Causes and Actions The Financial Services Commission (#FSC ) of South Korea stated that the suspension is necessary because the current user protection tools are "insufficient" and there are "concerns about harm to a healthy trading order." This decision will last until official guidelines on lending services are issued.

South Korea Temporarily Suspends Cryptocurrency Lending Services Due to Concerns Over Excessive Leverage

South Korea has temporarily suspended new cryptocurrency lending services following a major liquidation event at the #Bithumb exchange, where over 13% of the 27,000 users were liquidated. This move is a direct response to increasing leverage risks in the market.

Causes and Actions

The Financial Services Commission (#FSC ) of South Korea stated that the suspension is necessary because the current user protection tools are "insufficient" and there are "concerns about harm to a healthy trading order." This decision will last until official guidelines on lending services are issued.
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Bullish
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$TNSR I expect it to be listed on major crypto exchanges, upbit #Upbit and bithumb #bithumb soon. There are only one Asian exchanges left for tnsr, they will come soon #SolanaAnalysis $BTC $SOL
$TNSR I expect it to be listed on major crypto exchanges, upbit #Upbit and bithumb #bithumb soon. There are only one Asian exchanges left for tnsr, they will come soon #SolanaAnalysis $BTC $SOL
Two altcoins, Galxe $GAL and PolyMesh $POLYX saw significant price increases following listing announcements on South Korean exchanges #Upbit and #bithumb respectively. GAL was listed on Upbit with KRW trading pairs, leading to a 30% price rise before retracting some gains. POLYX, listed on Bithumb, experienced a 12% price increase. These listings have spurred increased market activity for both tokens.
Two altcoins, Galxe $GAL and PolyMesh $POLYX saw significant price increases following listing announcements on South Korean exchanges #Upbit and #bithumb respectively. GAL was listed on Upbit with KRW trading pairs, leading to a 30% price rise before retracting some gains. POLYX, listed on Bithumb, experienced a 12% price increase. These listings have spurred increased market activity for both tokens.
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Bullish
#Bithumb , the SECOND LARGEST crypto exchange in KOREA, is launching $PENGU ! 🤩 Trading for the PENGU/KRW pair kicks off today! #pengu has skyrocketed by 35% following this exciting announcement! 🚀 {spot}(PENGUUSDT)
#Bithumb , the SECOND LARGEST crypto exchange in KOREA, is launching $PENGU ! 🤩

Trading for the PENGU/KRW pair kicks off today!

#pengu has skyrocketed by 35% following this exciting announcement! 🚀
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Chainbase has entered Bithumb in South Korea, and the next steps are Upbit and Coinbase. The projects led by Tencent are impressive. The last one to break through was the blockchain gaming platform/public chain Immutable. @Chainbase @ChainbaseHQ #Chainbase #Bithumb #GameFi
Chainbase has entered Bithumb in South Korea, and the next steps are Upbit and Coinbase.

The projects led by Tencent are impressive. The last one to break through was the blockchain gaming platform/public chain Immutable.

@Chainbase
@ChainbaseHQ
#Chainbase
#Bithumb
#GameFi
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Bullish
Dunkin' Donuts is giving away $BTC in South Korea 👀 The popular coffee chain is running a promotion - for buying a Bithumb Donut Pack, they are giving away a coupon for $3.5 in Bitcoin #bithumb #Dunkin #BTC☀ #bitcoin☀️
Dunkin' Donuts is giving away $BTC in South Korea 👀

The popular coffee chain is running a promotion - for buying a Bithumb Donut Pack, they are giving away a coupon for $3.5 in Bitcoin
#bithumb
#Dunkin
#BTC☀
#bitcoin☀️
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Bullish
Honeyxgpt
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Bullish
$HIFI is ready to explode💥
are you all in?
Let's go
Countdown started⏰
Comment $HIFI if you are holding
#Elites 🔰 #Upbit #bithumb
Target $1
Bithumb To List Vitalik Buterin-Backed ETH Layer 2 Project & Top Meme Coin 🚨 to list BRETT and TAIKO in Korean won markets on July 9 at 18:00 local time. TAIKO is a zkEVM Ethereum layer 2 network that has received support from Vitalik Buterin. BRETT is a prominent meme coin built on the Base chain. Both cryptocurrencies have seen significant price increases following the listing announcement, reflecting investor enthusiasm. Listing Details and Market Impact Bithumb has officially scheduled the launch of BRETT and TAIKO trading in the Korean won market for July 9 at 18:00 local time. This announcement has generated substantial excitement and trading activity among investors, driving significant price surges for both BRETT and TAIKO. TAIKO, a zkEVM Ethereum layer 2 network backed by Vitalik Buterin, will be listed with a base price of 2,938 won. The exchange has set the number of required deposit confirmations at 30 for TAIKO transactions. This relatively low number of confirmations suggests a balance between security and transaction speed. BRETT, a popular meme coin deployed on the Base chain, will enter the market with a base price of 149 won. Bithumb has set a higher bar for BRETT transactions, requiring 200 deposit confirmations. This increased number of confirmations might indicate a more cautious approach to the meme coin, possibly due to the volatile nature of such tokens. The listing on Bithumb, one of the largest cryptocurrency exchanges in the highly active South Korean market, represents a significant milestone for both BRETT and TAIKO. This move is expected to substantially boost their visibility and trading volume. The increased exposure on a major platform like Bithumb not only enhances the liquidity of these tokens but also attracts a new pool of investors, potentially contributing to their upward price momentum. The substantial price movements following the Bithumb listing announcement indicate positive market reception and suggest potential for further growth. #VitalikButerin #bithumb #MemeWatch2024
Bithumb To List Vitalik Buterin-Backed ETH Layer 2 Project & Top Meme Coin 🚨

to list BRETT and TAIKO in Korean won markets on July 9 at 18:00 local time. TAIKO is a zkEVM Ethereum layer 2 network that has received support from Vitalik Buterin. BRETT is a prominent meme coin built on the Base chain. Both cryptocurrencies have seen significant price increases following the listing announcement, reflecting investor enthusiasm.

Listing Details and Market Impact
Bithumb has officially scheduled the launch of BRETT and TAIKO trading in the Korean won market for July 9 at 18:00 local time. This announcement has generated substantial excitement and trading activity among investors, driving significant price surges for both BRETT and TAIKO.

TAIKO, a zkEVM Ethereum layer 2 network backed by Vitalik Buterin, will be listed with a base price of 2,938 won. The exchange has set the number of required deposit confirmations at 30 for TAIKO transactions. This relatively low number of confirmations suggests a balance between security and transaction speed.

BRETT, a popular meme coin deployed on the Base chain, will enter the market with a base price of 149 won. Bithumb has set a higher bar for BRETT transactions, requiring 200 deposit confirmations. This increased number of confirmations might indicate a more cautious approach to the meme coin, possibly due to the volatile nature of such tokens.

The listing on Bithumb, one of the largest cryptocurrency exchanges in the highly active South Korean market, represents a significant milestone for both BRETT and TAIKO. This move is expected to substantially boost their visibility and trading volume. The increased exposure on a major platform like Bithumb not only enhances the liquidity of these tokens but also attracts a new pool of investors, potentially contributing to their upward price momentum.

The substantial price movements following the Bithumb listing announcement indicate positive market reception and suggest potential for further growth.

#VitalikButerin #bithumb #MemeWatch2024
Bithumb Exchange Faces Korean Won Withdrawal Delays, Users Unfazed. #bithumb #won $BTC $ETH $BNB Bithumb, a South Korean cryptocurrency exchange, is experiencing a hitch. The exchange announced that delays from its partner companies caused the inability to process Korean Won withdrawals.
Bithumb Exchange Faces Korean Won Withdrawal Delays, Users Unfazed.
#bithumb #won $BTC $ETH $BNB

Bithumb, a South Korean cryptocurrency exchange, is experiencing a hitch. The exchange announced that delays from its partner companies caused the inability to process Korean Won withdrawals.
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Bullish
$HIFI has 93% volume on #bithumb and only 6% on #Binance   and #Upbit , with the highest volume on Bithumb. Imagine if the volume on Binance and Upbit begins to increase. Hifi's short target price remains $1. I took profits on $GAS and bought more $HIFI here Best wishes💫 #Elites🔰
$HIFI has 93% volume on #bithumb and only 6% on #Binance   and #Upbit , with the highest volume on Bithumb. Imagine if the volume on Binance and Upbit begins to increase.
Hifi's short target price remains $1.
I took profits on $GAS and bought more $HIFI here
Best wishes💫
#Elites🔰
Honeyxgpt
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Bullish
You missed $GAS no worry
$HIFI could be next
target $1 or above
Let's see
Best wishes💫
#Elites 🔰
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Bearish
Via Definalist on X @MantaNetwork was suspected of money laundering through #bithumb on the day of listing - 2M #MANTA transferred to personal wallet of MANTA’s #KoreanBD - 2M $MANTA was deposited into Bithumb deposit wallet, accounting for more than 75% of Bithumb’s total circulation volume. - Within 5 minutes of listing, bithumb’s MANTA price soared to $230 - #BD dumped all 2M manta at 50~100x price - BD swapped all money to ethereum and transfers 2,094.7 ETH to her personal wallet. ($5,162,112) https://etherscan.io/address/0x9670359ce856771369ad04a67dd6cf276b9fe8af… #BDwallet : 0x9670359ce856771369ad04A67DD6cF276b9fE8aF Manta distribution wallet 0x6aedc8c2c8c61a3a34c23520001489b843a10555 Unlike other Asian exchanges, South Korea is strict when it comes to money laundering and real-name financial transactions, and if the above circumstances are true, there will be hard-punishment.
Via Definalist on X

@MantaNetwork was suspected of money laundering through #bithumb on the day of listing

- 2M #MANTA transferred to personal wallet of MANTA’s #KoreanBD
- 2M $MANTA was deposited into Bithumb deposit wallet, accounting for more than 75% of Bithumb’s total circulation volume.
- Within 5 minutes of listing, bithumb’s MANTA price soared to $230
- #BD dumped all 2M manta at 50~100x price
- BD swapped all money to ethereum and transfers 2,094.7 ETH to her personal wallet. ($5,162,112)
https://etherscan.io/address/0x9670359ce856771369ad04a67dd6cf276b9fe8af…

#BDwallet : 0x9670359ce856771369ad04A67DD6cF276b9fE8aF

Manta distribution wallet
0x6aedc8c2c8c61a3a34c23520001489b843a10555

Unlike other Asian exchanges, South Korea is strict when it comes to money laundering and real-name financial transactions, and if the above circumstances are true, there will be hard-punishment.
🚨 Sonic S Volatility Alert: Bithumb & Coinone Sound the Alarm South Korea’s heavyweight exchanges — Bithumb and Coinone — just dropped a joint warning on Sonic (S), and it’s not your everyday “be cautious” note. This is about supply changes that could shake the token’s price like a soda can before the pop. ⚡ What’s Going On? Total supply and circulating supply of Sonic (S) are about to change. Any tweak in supply messes with the supply-demand balance, and that almost always equals volatility. Translation: expect sharper, faster moves in price. Exchanges don’t usually raise flags for fun. When they do, it’s because they’re seeing risk on the horizon. 📉 Why Token Supply Changes Matter Total Supply → the max number of tokens that will ever exist. Circulating Supply → what’s currently in the market. If circulation spikes without demand keeping up? Prices can drop. If supply tightens? Prices might rise… but the market never behaves as cleanly as the textbooks say. That’s why Bithumb & Coinone are hitting pause and telling holders: brace for turbulence. 🛡️ Exchanges Stepping In This isn’t a delisting threat. It’s a transparency move — an attempt to protect investors before the chaos starts. Consider it an official heads-up: volatility ahead, manage your risk. ✅ What Holders Should Do Audit your exposure → How much Sonic S is in your portfolio? Too much? Track announcements → Follow updates from Bithumb, Coinone, and Sonic’s team. Prepare for swings → Big moves can mean big losses or gains. Use risk tools → Stop-losses, diversification, and patience are your friends. Do your homework → This warning should push you into deeper research, not blind panic selling. 🎯 Bottom Line The Sonic S warning isn’t doom, but it is serious. With tokenomics about to shift, expect volatility to spike — and only informed, disciplined investors will come out ahead. #SonicSVM #CryptoWarning #altcoins  #Bithumb #Coinone
🚨 Sonic S Volatility Alert: Bithumb & Coinone Sound the Alarm

South Korea’s heavyweight exchanges — Bithumb and Coinone — just dropped a joint warning on Sonic (S), and it’s not your everyday “be cautious” note. This is about supply changes that could shake the token’s price like a soda can before the pop.

⚡ What’s Going On?

Total supply and circulating supply of Sonic (S) are about to change.

Any tweak in supply messes with the supply-demand balance, and that almost always equals volatility.

Translation: expect sharper, faster moves in price.

Exchanges don’t usually raise flags for fun. When they do, it’s because they’re seeing risk on the horizon.

📉 Why Token Supply Changes Matter

Total Supply → the max number of tokens that will ever exist.

Circulating Supply → what’s currently in the market.

If circulation spikes without demand keeping up? Prices can drop.

If supply tightens? Prices might rise… but the market never behaves as cleanly as the textbooks say.

That’s why Bithumb & Coinone are hitting pause and telling holders: brace for turbulence.

🛡️ Exchanges Stepping In

This isn’t a delisting threat. It’s a transparency move — an attempt to protect investors before the chaos starts. Consider it an official heads-up: volatility ahead, manage your risk.

✅ What Holders Should Do

Audit your exposure → How much Sonic S is in your portfolio? Too much?

Track announcements → Follow updates from Bithumb, Coinone, and Sonic’s team.

Prepare for swings → Big moves can mean big losses or gains.

Use risk tools → Stop-losses, diversification, and patience are your friends.

Do your homework → This warning should push you into deeper research, not blind panic selling.

🎯 Bottom Line

The Sonic S warning isn’t doom, but it is serious. With tokenomics about to shift, expect volatility to spike — and only informed, disciplined investors will come out ahead.

#SonicSVM #CryptoWarning #altcoins  #Bithumb #Coinone
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🚨 Whale withdraws 40 million XRP from BITHUMB exchange! 🚨🔥🔥🔥⭐️⭐️⭐️⭐️ $XRP In a surprising move on the XRP Ledger, a very large transaction was executed on March 31, 2025, where one whale withdrew: 40,000,000 XRP From the Korean exchange Bithumb, valued at approximately $49 million! The transaction was successfully completed with nearly free fees of only 0.008 XRP, confirming the efficiency and speed of the XRP network in large transfers.

🚨 Whale withdraws 40 million XRP from BITHUMB exchange! 🚨

🔥🔥🔥⭐️⭐️⭐️⭐️

$XRP
In a surprising move on the XRP Ledger, a very large transaction was executed on March 31, 2025, where one whale withdrew:

40,000,000 XRP

From the Korean exchange Bithumb, valued at approximately $49 million!
The transaction was successfully completed with nearly free fees of only 0.008 XRP, confirming the efficiency and speed of the XRP network in large transfers.
ZRC Suspension on Bithumb, What Does It Mean? An urgent network alert from Bithumb, one of the leading crypto exchanges based in South Korea, has paused trading of Zirket (ZRC). This unexpected development underscores the volatile nature of the crypto landscape and the need for swift action and clarity. The temporary halt of ZRC deposits and withdrawals on Bithumb, though unexpected, is a measured response to ensure the network's integrity and security. It serves as a timely reminder that exchanges must prioritize robust security measures. The proactive approach taken by Bithumb showcases their commitment to maintaining a secure platform, even if it means inconveniencing users temporarily.  This incident highlights the importance of staying vigilant and informed about the ever-evolving crypto ecosystem. Exchange platforms must continually adapt their protocols to safeguard user assets, and such suspensions can help prevent potential vulnerabilities from causing larger issues.  As the situation unfolds, the key takeaways are the importance of security measures and the need for proactive steps to bolster network resilience. The crypto community should view this as a moment to rally together, demonstrating the collective commitment to building a robust and sustainable ecosystem.  #crypto #security #exchange #ZRC #Bithumb $ZRC {future}(ZRCUSDT) $BNB {spot}(BNBUSDT) $BOB {alpha}(560x51363f073b1e4920fda7aa9e9d84ba97ede1560e)
ZRC Suspension on Bithumb, What Does It Mean?

An urgent network alert from Bithumb, one of the leading crypto exchanges based in South Korea, has paused trading of Zirket (ZRC). This unexpected development underscores the volatile nature of the crypto landscape and the need for swift action and clarity.

The temporary halt of ZRC deposits and withdrawals on Bithumb, though unexpected, is a measured response to ensure the network's integrity and security. It serves as a timely reminder that exchanges must prioritize robust security measures. The proactive approach taken by Bithumb showcases their commitment to maintaining a secure platform, even if it means inconveniencing users temporarily. 

This incident highlights the importance of staying vigilant and informed about the ever-evolving crypto ecosystem. Exchange platforms must continually adapt their protocols to safeguard user assets, and such suspensions can help prevent potential vulnerabilities from causing larger issues. 

As the situation unfolds, the key takeaways are the importance of security measures and the need for proactive steps to bolster network resilience. The crypto community should view this as a moment to rally together, demonstrating the collective commitment to building a robust and sustainable ecosystem. 

#crypto #security #exchange #ZRC #Bithumb

$ZRC
$BNB
$BOB
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Bullish
Honeyxgpt
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Bullish
92% of the $500M+ total volume of $HIFI is on #bithumb alone. The total market capitalization is $70M.
I believe it should be trading above $1 based on these volume data because it hasn't dumped or pumped a lot to make its volume 7 times larger than the mcap.
This may be a deliberate attempt to prevent maximum retailers from entering before a major rise.
🚨 BITHUMB RAIDED! MILLIONS AT STAKE – WHAT’S NEXT? 🚨 💣 South Korean prosecutors storm Bithumb HQ! 🔥 A massive scandal unfolds – was company money used for a CEO’s luxury apartment? 🔹 🚔 RAID ALERT! Authorities raided Bithumb’s offices in Seoul on March 17. 🔹 💰 $2.4 MILLION MYSTERY: Ex-CEO Kim Dae-sik allegedly received a secret lease deposit. 🔹 ⚖️ JUSTICE COMING? Investigators dig deep—will Bithumb face major legal trouble? 👀 This could be crypto’s next big downfall... Stay tuned! #Bithumb #Cryptos #Breaking 📌 Source: crypto news
🚨 BITHUMB RAIDED! MILLIONS AT STAKE – WHAT’S NEXT? 🚨

💣 South Korean prosecutors storm Bithumb HQ!

🔥 A massive scandal unfolds – was company money used for a CEO’s luxury apartment?

🔹 🚔 RAID ALERT! Authorities raided Bithumb’s offices in Seoul on March 17.

🔹 💰 $2.4 MILLION MYSTERY: Ex-CEO Kim Dae-sik allegedly received a secret lease deposit.

🔹 ⚖️ JUSTICE COMING? Investigators dig deep—will Bithumb face major legal trouble?

👀 This could be crypto’s next big downfall... Stay tuned! #Bithumb #Cryptos #Breaking

📌 Source: crypto news
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