Yonhap News Agency reported on August 23, the Korea Financial Supervisory Authority Electronic Information Disclosure System (DART) released the first half of Vidente's financial report. According to the report, the South Korean cryptocurrency exchange Bithumb's net profit for the first half of this year was 39.34 billion won; sales were 33.06 billion won, and operating profit was about 218.633 billion won. Bithumb's net profit fell sharply this year as the virtual currency market shrank and the market price fell.
Not surprised, the market is in a bear right now so people are not really buying and selling much coins at this point. I think that the exchanges more than anyone understand this phenomenom. It is also going to last a while too, there is way too much money leaving the market and a lot of people are not as confident in investig in the coins as they used to be.
