Bithumb to reimburse customers after mistakenly distributing $40B in Bitcoin

Bithumb's incident highlights the critical need for robust security measures in crypto exchanges to prevent costly errors and maintain trust. The post Bithumb to reimburse customers after mistakenly distributing $40B in Bitcoin appeared first on Crypto Briefing.

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Bitcoin Price Plummets on Bithumb after Staff Error Transfers 2,000 $BTC

As per the data from Lookonchain, a staff error, including the transfer of 2,000 $BTC, amid an airdrop campaign, led to this drastic development.

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Bithumb confirms reward payout error after abnormal Bitcoin trades

The South Korean exchange said an internal error during a promotional event led to brief price dislocations, stressing that no customer assets were lost.

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Bithumb Accidentally Sends Large Amounts of Bitcoin to Users, Triggers Price Crash Amid Market Selloff

Bitcoin Magazine Bithumb Accidentally Sends Large Amounts of Bitcoin to Users, Triggers Price Crash Amid Market Selloff Bithumb reportedly made a mistake that led to the accidental deposit of large amounts of Bitcoin to various users.

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Bithumb Explains Accidental 2000 Bitcoin Payout: What Really Happened?

South Korean cryptocurrency exchange Bithumb has officially confirmed that an operational error led to an abnormal Bitcoin payout during a promotional event. The incident triggered a brief but sharp price dislocation on the platform before markets stabilized within minutes.

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Accidental 2,000 BTC Airdrop Crashes Bitcoin Price 10% on Bithumb

South Korea’s cryptocurrency exchange Bithumb faced a major operational mishap on February 6, 2026, which quickly sent the BTC/KRW trading pair down by double digits. It brings to mind past controversies about the exchange, including incidents of partial liability in data leaks.

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Bitcoin crashes 10% on Bithumb after staff mistakenly airdrop 2,000 BTC to users

This incident highlights the critical need for robust error-checking mechanisms in crypto exchanges to prevent market disruptions. The post Bitcoin crashes 10% on Bithumb after staff mistakenly airdrop 2,000 BTC to users appeared first on Crypto Briefing.

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Bitcoin briefly drops on Bithumb amid claims of 2k BTC airdrop error

South Korean crypto exchange Bithumb was thrust into the spotlight on Friday after claims surfaced on social media that an internal error led to the accidental distribution of 2,000 Bitcoin to users, triggering a sharp price dislocation on the platform.…

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Bitcoin L2 Stacks (STX) price drops heavily after transaction suspension

Stacks (STX) drops 2. 5% as Bithumb announces temporary halting of transactions. Network upgrades aim to boost Stacks’ security and features. The suspension of transactions is scheduled to begin on July 29.

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Across Protocol (ACX) soars 40% on Bithumb listing: Is Bitcoin Pepe set for more gains?

Across Protocol (ACX) price has surged over 40%, driven by positive news related to South Korea crypto exchange Bithumb.   Meanwhile, Bitcoin Pepe (BPEP) is gaining traction as it nears $5. 7 million in presale funds raised so far.

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Bitcoin's ‘Kimchi Premium’ Jumps to 10%, Worrying Sign for BTC in Short-Term

Trading volumes on Korean exchanges Bithumb and Upbit have dropped significantly in the past week, indicating a drop in retail trading activity.

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CORE price drops despite Coinbase, Bithumb listing

Core (CORE) price was down nearly 5% on Monday morning, trading in the red over the past 24 hours and the past week as the broader crypto market hit a bearish patch. As Bitcoin price dropped to near $62,200 and Ethereum traded to $3,350, the declines spread across major altcoins. This saw the global crypto […]

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Why is Solana meme coin Bonk (BONK) surging?

Bonk price rose sharply after South Korea exchange Bithumb announced listing of BONK in the KRW market. The Solana meme coin reached a two-week high as Bitcoin led the crypto market bounce. Bonk (BONK), the first dog-themed meme coin on Solana, has picked up significant upside in the past 24 hours.

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South Korean convenience store chain Emart24 to sell Bitcoin meal box

Emart24, a prominent South Korean convenience store chain, is set to introduce a Bitcoin-themed meal box as an in-store item. According to a May 9 announcement, the company has joined hands with local cryptocurrency exchange Bithumb to bring the Bitcoin…

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South Korean convenience store sells Bitcoin-themed ‘meal boxes’

A convenience store in South Korea offers Bitcoin meal boxes in collaboration with the local exchange Bithumb, where customers can win small amounts of Bitcoin with their purchases.

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Bithumb facilitates fifth largest Bitcoin exodus of 2023, signaling potential shift in investor strategy

Quick Take Unprecedented movements in the Bitcoin market were observed yesterday, with the fifth largest outflow of Bitcoin in 2023, amounting to nearly $300 million or 10,000 BTC. This substantial withdrawal was majorly facilitated by Bithumb, a leading global exchange, which now retains only 8,500 Bitcoins.

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Young South Koreans prefer XRP to Bitcoin and Ethereum

Bithumb data shows that young crypto investors in South Korea prefer XRP to Bitcoin (BTC) and Ethereum (ETH)

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South Korean City Announces Plan To Seize Crypto Assets Of Local Tax Evaders

The government of Cheongju City, located in the central region of South Korea, is looking to confiscate virtual assets such as Bitcoin from tax evaders. According to a local media report on August 22, the city authorities sought cooperation from seven crypto exchanges, including Upbit and Bithumb, to punish these delinquents. These exchanges have been […]

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XRP Beats Bitcoin (BTC) as Most Popular Asset on South Korea's Bithumb

XRP has surpassed Bitcoin in terms of trading volume on Bithumb

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XRP Surpasses Bitcoin As the Most Traded Crypto Asset in Korean Crypto Exchanges Upbit and Bithumb

In a surprising turn of events, XRP, the native cryptocurrency of the Ripple network, has overtaken Bitcoin (BTC) as the most traded asset on the largest South Korean cryptocurrency exchanges by trading volume, Upbit and Bithumb.

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XRP Becomes Top Traded Asset on South Korea's Bithumb, Surpassing Bitcoin (BTC)

XRP also top traded asset on Upbit and Korbit

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120,000 ETH Outflows Binance, Bithumb as Ethereum Challenges Bitcoin Dominance

CryptoQuant reported that almost half a billion USD in Ether have been withdrawn from multiple spot exchanges, and half of that amount was moved off Binance and Bithumb

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South Korean Crypto Exchange Bithumb Bans Employees from Trading Bitcoin

One of the largest South Korean cryptocurrency exchanges, in terms of trade volume, Bithumb, has announced that employees are banned from trading bitcoin on the exchange platform. The company’s chief executive officer revealed the decision in a Bithumb newsletter focused on improving “transaction transparency.

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Uppsala aids Bithumb exchange fraud victim in complete recovery of stolen crypto

CryptoNinjas » Uppsala aids Bithumb exchange fraud victim in complete recovery of stolen crypto Uppsala Security, a provider of tools for crypto AML, risk management, regulatory compliance, and cybersecurity, has announced that in cooperation with Bithumb — a South Korea based bitcoin and cryptocurrency exchange, it has helped a victim to recover approximately 20 million KRW ( around USD $18,000) by timely identifying the suspect of a virtual asset […] CryptoNinjas » Uppsala aids Bithumb exchange fraud victim in complete recovery of stolen crypto

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South Korea’s Bitcoin ‘Kimchi Premium’ Reappears, Korbit and Bithumb Exchange Volumes Spike

During the first week of April, South Korea’s ‘kimchi premium’ on domestic cryptocurrency exchanges had jumped over 18%, but then leveled off, equalizing with global exchange rates over the last two weeks.

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South Koreans Are Trading XRP & BTT More than BTC and Ether

Bitcoin kimchi premium is also taking a drop after surging to 22% as Upbit temporarily suspends fiat (KRW) deposits and withdrawals, and Bithumb sees an “increasing” inflow of BTC. The post South Koreans Are Trading XRP & BTT More than BTC and Ether first appeared on BitcoinExchangeGuide.

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Morgan Stanley Eyes Bitcoin Exchange Acquisition After Crypto Rallies 1,500%

Key Bitcoin Takeaways A South Korean media outlet reported that Morgan Stanley plans to acquire Bithumb, a local bitcoin exchange. The news surfaced two days after the American banking giant decided to offer three Bitcoin funds to its rich clients via its traditional investment platform.

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South Korean Court Orders Bithumb to Compensate Users for an Accidental BTC Withdrawal Case in 2018

A South Korean court ordered one of the biggest domestic crypto exchanges to compensate victims of an “accidental withdrawal” incident in 2018. Bithumb has been ordered to pay customers who withdrew their bitcoin funds to an unknown wallet.

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South Korean Gaming Titan to Buy Bitcoin Exchange Bithumb for $460M

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Huobi Prime Bidder to Purchase Top South Korean Bitcoin Exchange, Bithumb

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After Two Police Raids, Bitcoin Exchange Bithumb Up for Sale

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Fifth Largest Bitcoin Exchange Bithumb Raided by South Korean Police

The Seoul Metropolitan Police Agency raided Bitcoin exchange Bithumb to execute search and seizure orders based on fraud allegations. 

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There’s a Crucial Silver Lining to the Bitcoin Price’s 7% Correction

Bitcoin saw a strong crash on Wednesday after another attempt at breaking past and holding $12,000. The leading cryptocurrency dropped as low as $11,200 as sellers flooded the market. Some say it was news that the office of Bithumb, a leading exchange in South Korea, was raided that crashed the market. BTC has yet to […]

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Bitcoin Bulls Remain in Full Control as Long as They Defend a Few Key Levels

Bitcoin has witnessed intense inflows of selling pressure throughout the past several hours on news of Bithumb’s Korean offices being “raided” by authorities Although it remains unclear as to why the raid took place – or why Bitcoin investors should care – it instantly led fear to spread throughout the industry This created shockwaves that caused many other digital assets to plunge lower as well, with Ethereum at one point dropping from highs of $480 […]

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Crypto Market Dumps as Binance & Coinbase Crash While Bithumb Exchange is Seized

After a good start of September and the week that saw Bitcoin surging back above $12,000 and Ether making a new 2-year high, today it all turned red. The markets suffered losses after the leading digital asset failed to sustain above $12k level and dropped to $11,155 today on Bitstamp.

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First Mover: Bitcoin Tumbles, Bithumb Reportedly Raided, Uniswap Challenges Coinbase

Bitcoin is down amid negative news from South Korea, but Uniswap has shot to the top of the DeFi rankings.

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This is Only the Testament of How ‘Powerful’ Bitcoin is: Galaxy Digital CEO Mike Novogratz

After two weeks, Bitcoin finally jumped above $12,000 on the first day of September but again failed to hold onto its position. Today, BTC/USD dropped to $11,155, which could be on the back of the news of South Korean authorities seizing one of the country's biggest crypto exchanges, Bithumb, for a $25 million token sale […] The post This is Only the Testament of How 'Powerful' Bitcoin is: Galaxy Digital CEO Mike Novogratz first appeared on BitcoinExchangeGuide.

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Руководство для начинающего криптотрейдера

Халвинг в сети Bitcoin стал одним из ключевых событий на крипторынке, который подогрел интерес не только давних игроков, но и стал причиной выхода новых. Об этом свидетельствуют последние данные о растущем спросе на крипто-активы на топовых криптобиржах, таких как Bithumb Global.

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Bithumb Global Launches 5X Margin Trading For BTC and ETH Paired With USDT

South Korea’s biggest crypto exchange platform Bithumb has announced the introduction of leverage trading for both Bitcoin as well as Ether (ETH) on the global platform, Cointelegraph reports. According to the exchange, the move was necessitated by a sudden increase in demand for crypto services owing to the ongoing global lock down. However, the new […]

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Bithumb Debuts Crypto Margin Trading Service with 5x Leverage

Bithumb global has announced to its users, the launch of the platform’s crypto margin trading service for Bitcoin (BTC) and Ether (ETH) against Tether (USDT). Details of the Bithumbbrin Global Margin Trading Service In a blog post published on its website, Bithumb Global — the international arm of the South Korean Bitcoin exchange behemoth announcedRead MoreRead More.

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Bithumb Futures Announces its Official Launch with Key Industry Experts Joining the Executive Management Team

Bithumb Futures, a global digital asset derivatives trading platform registered in Seychelles, has announced a Bitcoin Perpetual Contract (BTC/USDT) with up to 100x leverage as an introductory productThe post Bithumb Futures Announces its Official Launch with Key Industry Experts Joining the Executive Management Team appeared first on AMBCrypto.

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Bithumb Futures Announces its Official Launch with Key Industry Experts Joining the Executive Management Team

Bithumb Futures, a global digital asset derivatives trading platform registered in Seychelles, has announced a Bitcoin Perpetual Contract (BTC/USDT) with up to 100x leverage as an introductory product for its inaugural launch.

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BOSAGORA Continues to Impress as Digital Currency BOA Lists on Bithumb

Bitcoin Press Release: BOSAGORA, a next generation smart-contracting blockchain which showed impressive results in 2019, has now listed on the major South Korean exchange Bithumb.   8th March 2020, Seoul, South Korea – BOSAGORA’s native token BOA, which is governed by a democratic “Congress Network” of its users, saw a staggering 279% growth in Q4 of […] The post BOSAGORA Continues to Impress as Digital Currency BOA Lists on Bithumb appeared first on Bitcoin PR Buzz.

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Bithumb Futures Announced First Bitcoin Perpetual Contract (BTC/USDT) with up to 100x Leverage

Bithumb Futures, a global digital asset derivatives trading platform, has announced a Bitcoin Perpetual Contract (BTC/USDT) with up to 100x leverage as an introductory product for its inaugural launchThe post Bithumb Futures Announced First Bitcoin Perpetual Contract (BTC/USDT) with up to 100x Leverage appeared first on AMBCrypto.

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Bithumb Futures Announced First Bitcoin Perpetual Contract (BTC/USDT) with up to 100x Leverage

Bithumb Futures, a global digital asset derivatives trading platform, has announced a Bitcoin Perpetual Contract (BTC/USDT) with up to 100x leverage as an introductory product for its inaugural launch.

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Bithumb Futures Announced First Bitcoin Perpetual Contract (BTC/USDT) with up to 100x Leverage

Bithumbfutures. com, a global digital asset derivatives trading platform, has announced a Bitcoin Perpetual Contract (BTC/USDT) with up to 100x leverage as an introductory product for its inaugural launch.

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South Korea’s Bithumb Launches Zero Fee Transfers to Global Platform

Bithumb users can now instantly move Bitcoin and Ether to Bithumb Global with zero fees

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Crypto exchanges BitMax and Bithumb form strategic partnership

BitMax, a Singapore-based bitcoin and crypto-asset trading platform, and Bithumb Korea, a South Korean-based cryptocurrency exchange, have announced a strategic global partnership leveraging their respective market presence and expertise.

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Korean crypto exchange Bithumb launching Bithumb Coin (BT)

Bithumb Global, a Korean bitcoin and cryptocurrency exchange company, today officially announced its new native crypto-token, Bithumb Coin (BT). It will help power the company’s forthcoming Bithumb Chain.

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