Is The Acquisition Of the Bithub Exchange In Danger?

Marzena Karpiak
It was announced a year ago, that, Bithumb, a struggling Korean cryptocurrency exchange, would be taken over by another entity. Currently, the whole contract may not be completed.Contract DetailsIn October 2018, BK Global Consortium announced the acquisition of 50% +1 share of BTC Holding Co. which is currently the largest investor in the Bithumb crypto exchange. As reports show, the transaction was supposed to reach a value of around 333 million dollars. What is more - the consortium made 100 million advance payments, which were supposed to be allocated for the creation of its own cryptocurrency. The creation of the cryptocurrency plan was not carried out, however and there is even a problem with the acquisition of the exchange. Bithumb has been facing various problems since the very beginning. It was the victim of hacker attacks more than once, the government accused it of tax fraud (the founders were finally acquitted). The whole year 2018 brought significant losses, resulting in mass layoffs and exchange's financial losses.  
ShortHop Available In Seven New US States

ShortHop Available In Seven New US States

Marzena Karpiak
From now on, the ShortHop cryptocurrency exchange operates in seven more states of the US. It will allow customers to use various platforms' wallets through a single point of contact.