Bithumb’s CEO admitted past mistakes after the latest 620,000 BTC blunder, which has sparked further investigation into system errors. South Korea’s financial authorities have been criticized for failing to detect major flaws in Bithumb’s systems that led to an unprecedented Bitcoin error. Despite repeated inspections by the Financial Services Commission (FSC) and the Financial Supervisory […]
A South Korean cryptocurrency exchange apologized Saturday after accidentally transferring more than $40 billion worth of bitcoin to users, briefly sparking a selloff on the platform.Bithumb said it accidentally sent 620,000 bitcoins, currently worth more than $40 billion, and blocked trading and withdrawals for the 695 affected users within 35 minutes after the error occurred […]
Tl; Dr. A low Cap Cryptocurrency made solid winnings after Bithumb said that it will launch trade services with it. The company recently received a technical malfunction that paused all activities for more than an hour and a half. New monthly record Most of the leading cryptocurrencies have shown little or no substantial movements in […]