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)
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Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi
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