Bithumb Admits $40 Billion Transfer Error After Internal System Failure

South Korea’s second-largest cryptocurrency exchange, Bithumb, disclosed that internal system flaws led to an erroneous transfer of more than $40 billion in digital assets during a promotional event last week. The exchange confirmed it mistakenly distributed approximately 620,000 Bitcoins instead of 620,000 Korean won, leading to a temporary 17% decline in Bitcoin’s price on its […] Read The Full Article Bithumb Admits $40 Billion Transfer Error After Internal System Failure On Coin Edition.