Recently, Daily Economy in Seoul reported that Bithumb, South Korea’s biggest cryptocurrency exchange, has been bought by Singapore-based BK Global Consortium, a blockchain investment firm formed by BK Global.

Bithumb Sold for $353 Million to BK Global Consortium #Bithumb #cryptocurrencynews https://t.co/9y9KtWWpi8
— Priya (@spacehuuuman) October 12, 2018

Bithumb is a cryptocurrency exchange headquartered in Seoul, South Korea. The exchange is the crypto market leader in terms of daily transactions. At the end of 2017, the average daily liquidity turnover at the site was equivalent to $ 1.3 billion. In June of this year, the exchange became a victim

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