One of the largest cryptocurrency exchange companies in South Korea, Bithumb, suffered a loss of 205 Won or around 180 million dollars in 2018.
BTCKorea.com revealed that the biggest exchange of cryptocurrency in South Korea, Bithumb, incurred huge losses even though sales increased 17.5% compared to 2018.
"In terms of sales, we see a 17% increase, and we continue to increase investment abroad," the spokesman added in a personal comment.
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Bithumb experienced an operational downturn and in line with the losses of Bitcoin, it maintained the same with others in the crypto industry, which received pain due to maintaining a record-breaking market last year.
Source: cointelegraph
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