Bithumb

The South Korean crypto exchange Bithumb says it is going to compensate prospects who have been affected by an outage that took the platform offline for about 100 minutes on September 2. The South Korean newspaper Seoul Kyungjae reported that the platform went down “all of a sudden” at 11:27 PM KST on September 2….

The crypto exchange Bithumb has made “significant reductions” to the scale of its crypto lending services amid ongoing concerns from financial regulators. Per the South Korean newspaper Kookmin Ilbo, the trading platform has reduced its leverage ratio from x4 to x2. It has also slashed its maximum lending cap by 80% from 1 billion won…