RATE Group | Bithumb to Invest USD 9M in a New Crypto Trading Platform + More News
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Bithumb to Invest USD 9M in a New Crypto Trading Platform + More News

09 Jan Bithumb to Invest USD 9M in a New Crypto Trading Platform + More News

Posted at 21:45h in Cryptocurrency News by

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Bithumb to Invest USD 9M in a New Crypto Trading Platform + More News 101
Source: iStock/Im Yeongsik

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

Exchanges news

  • South Korean market-leading exchange Bithumb is set to launch a second domestic trading platform, reports Newsway. The new platform will be based in Busan, the country’s second city and the home of the nation’s only blockchain regulation-free zone. Bithumb intends to launch the platform under the flag of a new subsidiary named GCX Alliance and wants to invest some USD 8.6 million in the project.
  • Japanese crypto exchange Coincheck has launched a beta version of a new crypto staking service. Per Coin Post, the exchange will offer the service for the Lisk token, but is hopeful of expanding to other currencies should the beta prove a success.

Blockchain news

  • Samsung’s IT services subsidiary Samsung SDS is set to “target the American market” with its portfolio of…

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