Bithumb's market share in South Korea fell to 24.8%, widening the gap with Upbit after its zero-fee promotion ended.

South Korean cryptocurrency exchange Bithumb continues to face pressure on its market share following the "Bitcoin misdelivery incident." Data shows that as of last Friday, Bithumb's trading share among the five South Korean won-denominated exchanges had fallen to 24.8%, a significant drop from approximately 30% at the beginning of the year. Industry data shows that Upbit maintains its leading position with a 58.4% share, followed by Coinone at 13%, Korbit at 3.5%, and Gopax at 0.3%. (Korea Times)