Bithumb, a major South Korean crypto exchange, mistakenly sent out more than 620, 000 Bitcoins during a promotional giveaway. The company intended to reward users with small cash bonuses of about 1. 40 US dollars each, but the system miscalculated and distributed at least 2, 000 Bitcoins per winner.
Turkey’s prosecutors seized about €460 million ($544 million) in crypto linked to a suspected illegal online betting and money‑laundering scheme. The funds were traced back to Tether Holdings SA, the issuer of the $185 billion USDT stablecoin. Tether’s CEO said the company acted on information
A South Korean crypto platform, Bithumb, accidentally sent out more than $40 billion worth of Bitcoin instead of a modest reward in local currency. The mistake happened during a promotion that was meant to give 620, 000 won (about $424) to each winner. An employee mistakenly entered Bitcoin as the c
Bitcoin climbed from a low near $60, 000 to about $69, 000 this week, undoing the gains it had made after Donald Trump’s November 2024 election. \p The drop came during a broader sell‑off that saw the CoinDesk 20 index fall more than 17% in one week. Bitcoin lost roughly 16. 5%, while Ether, BNB an
The value of Bitcoin has slipped back to the level it was at before Trump’s victory, leaving many investors puzzled. A recent market dip shows that the cryptocurrency is still fragile, especially after the United States Federal Reserve may cut interest rates. After Trump announced a new chair
In the early 2010s Epstein began investing in two major crypto ventures. He first backed Coinbase, a growing exchange that later reached a market cap of around $43 billion. His second investment went into Blockstream, a company that helped build infrastructure for Bitcoin. Brock Pierce is the man w
Bithumb made a big mistake by giving users 2, 000 BTC each instead of a small cash reward. The plan was to drop 2, 000 won (about $1. 37), but the system sent 2, 000 bitcoins instead. With Bitcoin near $71k at that time, the error added more than $95B in user balances. The glitch happened during a
Friday’s close pushed Bitcoin over the $65, 000 mark, marking an 11‑percent gain from the most recent 15‑month trough that slid below $60, 000. The rally shows traders are now ready to buy in at the $58, 000 zone, which many see as a key support level. During Thursday’s session Bitcoin lost about
Bitcoin and Ethereum have been lagging behind other investments like stocks and precious metals. This isn't necessarily a bad thing. There are a few reasons why this might be happening. First, there's a lot of deleveraging going on. This means people are pulling out their money, especially in crypt
The Senate Agriculture Committee recently pushed ahead with a plan to regulate the crypto market. This move came after a vote that split along party lines. Meanwhile, other important lawmakers are still working on different parts of the same bill. The committee's plan would make the Commodity Futur
