One of Korea's largest crypto exchanges plans to launch a decentralized platform

Markets•October 4, 2018, 3:06PM EDT
UPDATED: October 4, 2018, 4:25PM EDT
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One of Korea's largest crypto exchanges plans to launch a decentralized platform
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Bithumb announced its plans to unveil a decentralized exchange by the end of this month. The decentralized exchange, named "Bithumb DEX" will be operated by an overseas subsidiary. This announcement follows a June 2018 hack of Bithumb, in which hackers stole $31M worth of cryptocurrencies from the Korean exchange. (Source: BusinessKorea)