Prop firm news

Mirae Asset buys Okasan's prop trading for $32 million and enters the Japanese market

South Korean Mirae Asset has agreed to buy the proprietary trading division from Japan's Okasan Securities. The deal is worth about $32 million, and through it the Korean group is entering the Japanese market. Nikkei Asia reported the deal on October 28.

Bithumb was hacked through an employee system; crypto exchange Coinbase suffered a leak through a contractor

South Korea's second-largest exchange by trading volume, Bithumb, discovered on October 27 unauthorized access to a corporate system where employees communicate and exchange files. On the same day, Coinbase reported its own leak — but not because the exchange itself was hacked.