FTX in talks to buy South Korea-based Bithumb

Leading crypto exchange FTX is reportedly in talks to purchase South Korea-based Bithumb, Bloomberg News reported July 22. The two companies have reportedly been in talks for months, and there are indications of the negotiations being at an advanced stage. A Bithumb spokesperson did not confirm the development. Bithumb acquisition to help Asia expansion FTX’s…

South Korea’s top exchanges seek to prevent another Terra-like crash

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The top five crypto exchanges in South Korea have decided to form a consultative body that will prevent a situation similar to the Terra crash from happening again, according to South Korean news outlet YNA. The exchanges involved are UpBit, Coinone,…