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
A new idea keeps artificial intelligence safe even when quantum computers arrive. It blends two modern security tools: post‑quantum cryptography, which stays strong against quantum attacks, and zero trust architecture, where no device or user is automatically trusted. The designers use a branc
Vietnam is drafting a rule that will treat cryptocurrency moves like stock trades, adding a small tax to every transfer. The proposed law says anyone who sends crypto through an approved service will owe 0. 1% of the transfer value as personal income tax, just like traders pay when they buy or sell
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
Sberbank is pushing forward with a plan to give loans backed by crypto and to work closely with the central bank on new rules that will make it smoother for borrowers. The bank tried out this idea back in January, giving its first bitcoin‑backed loan to IntelionData, calling it a pilot that could
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
Yesterday, Bitcoin fell from around $70, 000 into the mid‑$60, 000s in a sharp move that is more than a single‑day blip. The slide was driven by big outflows from ETFs and gave risk assets a quick, broad hit. Liquidity has once again shown it can be thin, so investors had to act fast. Because
