South Korean crypto exchange Bithumb has begun legal proceedings to recover 7 Bitcoin still missing from a payout error that saw 620,000 BTC mistakenly distributed during a promotional event in February. The exchange has …
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Bithumb
- Bitcoin & Ethereum
Bithumb $43 Billion Bitcoin Blunder Triggers Political Backlash In South Korea
by adminby adminSouth Korean lawmakers are ramping up pressure on financial regulators after a system failure at Bithumb, the country’s largest cryptocurrency exchange, led to the accidental distribution of more than $43 billion worth of Bitcoin …
South Korean crypto exchange Bithumb said it mistakenly distributed more than $40 billion worth of Bitcoin to customers during a promotional rewards event, triggering sharp price volatility last week for bitcoin’s price. The exchange …
Bithumb, South Korea’s second-largest crypto exchange, is closing its USDT market and order-book-sharing with Australia’s Stellar Exchange after only two months, amid regulators’ scrutiny of anti-money laundering controls. The shutdown took effect at 11:00 …