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Security

Bithumb employee data breach remains under investigation

ABMedia reports that Bithumb detected abnormal access to its internal mobile office system on October 27 and notified South Korean authorities. The compromised DaouOffice collaboration system was used by staff. Confirmed leaked data involved employees of Bithumb, subsidiaries and contractors; whether member data was included still required examination of conversations and shared files.

Bithumb said the office system was physically separated from trading and customer-asset systems. At the time of the report, it had found no signs of abnormal access to customer assets. Authorities had begun an onsite investigation, while the number affected, data types and intrusion method remained unresolved. A confirmed employee-data leak does not by itself establish theft of customer assets.

Separating workplace and trading systems helps define direct exposure, but does not erase downstream data risks. Not yet confirmed is not a completed investigation.

ABMedia · 2026.10.30 · Collected
Markets

Robinhood earnings: crypto and prediction markets diverge

According to ABMedia’s summary of Robinhood’s third-quarter 2026 results, revenue rose 12% year over year to $1.42 billion, while crypto revenue fell 55% to $120 million and crypto notional trading volume declined 38%. Prediction-market revenue reached $173 million, more than six times the prior-year figure and above crypto revenue for the quarter. Options and equities also grew.

Crypto revenue remained below the prior-year level but recovered from $100 million in the second quarter. Net income fell 14% to $476 million, so record revenue did not mean record profit. An expanded Ripple partnership announced the same day included RLUSD launching on Robinhood Chain and Bitstamp, with institutional settlement and internal treasury uses also planned.

Company-wide growth can coexist with weaker crypto revenue. Assessing diversification requires separating the existing revenue mix from benefits a partnership has yet to deliver.

ABMedia · 2026.10.30 · Collected