Bithumb backs CEO despite $44B glitch
Bithumb will ask shareholders on March 31 to reappoint CEO Lee Jae-won for another two-year term despite a major Bitcoin glitch and mounting regulatory pressure.

Crypto journalist for Grafa, with nearly 10 years of experience covering blockchain, Web3, and NFT gaming trends. MBA & Economics grad.
Bithumb will ask shareholders on March 31 to reappoint CEO Lee Jae-won for another two-year term despite a major Bitcoin glitch and mounting regulatory pressure.
CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal have been questioned by Indian authorities following a fraud complaint linked to a fake investment website.
Billionaire entrepreneur Mark Cuban has warned that traditional banks are highly vulnerable to disruption from cryptocurrency and fintech innovation.
Shock jock Kyle Sandilands has commenced legal proceedings against his former employer, ARN Media (ASX:A1N).
The Albanese government has unveiled a rigorous new national framework for artificial intelligence data centres.
The FBI has warned of a scam involving a fake Tron-based token designed to trick users into revealing sensitive information and risking wallet compromise.
Bitcoin is trading near $70,725 on March 21, with price action constrained by weak demand absorption despite continued accumulation from long-term holders.
Markets are increasingly pricing in US Federal Reserve rate hikes despite policymakers signalling a more cautious approach following the March decision to hold rates at 3.5%–3.75%.
World Liberty Financial’s WLFI token dropped roughly 14% to around $0.093 as a sharp increase in exchange supply signalled growing sell-side pressure.
Brazil’s finance minister Dario Durigan has delayed plans for new crypto tax policies until after the country’s October 2026 presidential elections to avoid politically sensitive changes.
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