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by: xpoolPosted on: March 31, 2025

Bithumb Rebounds: After Challenging Past, Exchange Posts Surprising Profits & Eyes U.S. IPO

The South Korean crypto exchange Bithumb experienced a dramatic turnaround in 2024, achieving $110 million in net profits and navigating a challenging history marked by security breaches, legal battles, and regulatory scrutiny. The recent surge is attributed to a robust market rally fueled by the growing demand for Bitcoin from institutional investors and the expansion of DeFi applications.

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  1. Bithumb Recovers in 2024: Net Profit Skyrockets 565% on Market Recovery
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  3. Upbit Suffers Three-Month Suspension as South Korea Enforces Regulatory Measures
  4. Bybit CEO Raises Red Flags Over Pi Network’s Operations
Bithumb Crypto Exchange South Korea

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