A South Korean crypto exchange accidentally dumped more than $40 billion worth of Bitcoin into customer accounts — an astounding error during a giveaway meant to award prizes worth just a few cents ...
The exchange company accidentally distributed 620,000 Bitcoin, worth over $40 billion, to hundreds of customers.
A mishap occurred at domestic cryptocurrency exchange Bithumb where an error by the management led to the incorrect deposit of Bitcoin worth 60 trillion Korean won to users. According to Bithumb and ...
Bithumb faces lawmaker scrutiny after a $40 billion Bitcoin transfer error during a promotional event triggered market crash with BTC price dropping as low as $55k.
A Bitcoin promotion error at Bithumb exposed risks in exchange accounting, prompting South Korean regulators to push for tighter crypto oversight.
Overview: A viral theory introduced on the Unchained podcast suggested that Bitcoin’s February 5 price drop coincided with record IBIT ETF options activity, not ...
South Korean authorities launched an investigation into Bithumb after it mistakenly credited 620,000 BTC to users, adding to concerns about “paper Bitcoin” and internal controls. South Korea’s ...