Bloomingbit Newsroom

Bloomingbit Co., Ltd. (hereinafter referred to as the "Company") establishes and implements this Youth Protection Policy to fulfill its social responsibility in protecting minors and to comply with applicable youth protection laws. The Company is committed to preventing minors from being exposed to harmful content and outlines the following measures to that end. 1. Restriction and Management of Access to Harmful Content The Company applies age verification systems (such as real-name authentication or age-restricted access) to ensure that minors do not access content classified as harmful under relevant regulations. Technical and administrative safeguards are in place to restrict such exposure. 2. Training of Youth Protection Personnel The Company provides regular training to content and platform management staff. Training includes legal obligations regarding youth protection, criteria for identifying harmful content, appropriate response protocols, and procedures for reporting violations. 3. Counseling and Complaint Handling The Company designates a dedicated officer to handle inquiries and complaints related to harmful content. Minors and their guardians may contact the officer to receive counseling or report grievances, ensuring timely and appropriate action. 4. Designated Youth Protection Officer Name: Hannah Yang Department: News Team Phone: +82-2-554-7002 For all inquiries or reports related to youth protection, please contact the officer listed above.

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Hello, this is BloomingBit. Between July 10 and 11, a large number of overseas abusers accessed the reward campaign, causing some campaigns to end abnormally quickly. We sincerely apologize for any inconvenience caused to our users. The confirmed situation is as follows: A large number of accounts based on overseas IPs participated in the campaign repeatedly, exhausting the predetermined quantity of rewards in a short time, which infringed on the benefits that should have gone to legitimate users. Accordingly, we are taking the following actions: 1. All accounts suspected of fraudulent participation have been blocked. 2. All stats obtained through abuse have been fully recovered. 3. For withdrawal requests, an inspection process will be conducted to ensure that fraudulently obtained stats can be recovered. 4. Additional anti-abuse procedures will be introduced to prevent similar issues from recurring in the future. Campaigns that ended early have now been reopened and are operating normally. We will continue to strengthen inspection and response to ensure that users who participate in the campaign through fraudulent methods do not benefit. The list of users subject to these actions is as follows. (Some parts of email addresses have been masked for privacy) Total sanctioned users: /82 res@gmail.com / gal@gmail.com / ket@gmail.com / rik@gmail.com / zak@gmail.com gog@gmail.com / fiz@gmail.com / adi@gmail.com / jon@gmail.com / sub@gmail.com udi@gmail.com / ana@gmail.com / lap@gmail.com / ren@gmail.com / son@gmail.com lag@gmail.com / pan@gmail.com / bro@gmail.com / bro@gmail.com / zxk@gmail.com rdw@gmail.com / zeb@gmail.com / ana@gmail.com / nur@gmail.com / isl@gmail.com aga@gmail.com / gem@gmail.com / sta@gmail.com / fro@gmail.com / ren@gmail.com ran@gmail.com / ran@gmail.com / tuy@gmail.com / gua@gmail.com / ran@gmail.com bro@gmail.com / jam@gmail.com / gal@gmail.com / ald@gmail.com / eti@gmail.com fep@gmail.com / rek@gmail.com / cha@gmail.com / loz@gmail.com / har@gmail.com pip@gmail.com / bag@gmail.com / bit@gmail.com / end@gmail.com / rin@coidx.com phi@gmail.com / ste@gmail.com / per@gmail.com / iel@gmail.com / kim@gmail.com alg@gmail.com / ole@gmail.com / tuy@gmail.com / pak@coidx.com / jhm@privaterelay.appleid.com lem@gmail.com / man@gmail.com / xey@gmail.com / ras@gmail.com / koe@gmail.com bro@gmail.com / lah@gmail.com / yuz@gmail.com / bro@gmail.com / lor@gmail.com ojo@gmail.com / bro@gmail.com / rin@coidx.com / pan@gmail.com / bro@gmail.com sto@gmail.com / yay@gmail.com / xey@gmail.com / sta@gmail.com / end@gmail10p.com dre@gmail10p.com / dre@gmail10p.com Going forward, BloomingBit and Stats will employ all available means to strongly respond to abnormal users to ensure that those who participate properly are not affected. Thank you.

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. If you have any other inquiries, please contact the BloomingBit Customer Center (help@bloomingbit.io). We apologize again for any inconvenience, and BloomingBit will continue to do its best to provide an even more stable service. Thank you. BloomingBit Team

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Kim Seo-joon, CEO of Hashed, stressed that there should be no hesitation in promoting the introduction of a Korean won stablecoin. On the 2nd, CEO Kim stated on his Facebook, "Globally, the competition over currency sovereignty around stablecoins is intensifying," adding, "The United States, Europe, and Hong Kong are racing to institutionalize stablecoins based on their national currencies with different strategies in order to seize the lead in digital finance. However, in South Korea, ongoing concerns about capital outflow and exchange rate stability continue to cause hesitation over introducing a Korean won stablecoin." He emphasized that while such concerns are valid, the global trend should not be ignored. He said, "From the position of a non-reserve currency country, concerns that rapid capital movement can threaten stability are valid. However, the solution should not be to block the trend entirely. That would be like closing hospital doors out of fear of an infectious disease." He also mentioned the side effects caused by the capital control system established after the foreign exchange crisis. CEO Kim noted, "The capital control system introduced after 1997 brought about short-term stability, but in the long run, it resulted in reliance on a noncompetitive protective shield, exclusion from digital innovation, and voluntary departure of capital. Now, instead of asking how to block outflow, we need to address the fundamental question of why capital wants to leave the won system." Kim Seo-joon emphasized that right now is the last opportunity to properly design the won stablecoin and to preemptively control risks in order to lead digital finance. He advised laying the groundwork through △ systematization and regulation of won stablecoin issuance △ introduction of a digital foreign exchange sandbox △ securing an international won distribution network. CEO Kim warned, "Now the moment of choice has come. We can no longer turn away from the accumulated debt of financial isolation caused by outdated mantras that capital could flow out. If we miss this opportunity once more, the cost we pay will be clear."

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