A company accidentally sent users bitcoins worth 44 billion dollars
Sanziana Georgescu
Economy
sursa foto: unsplash.com
Always see our news on Google
Bithumb issued a public apology after a mistake that occurred on Friday, when it erroneously distributed 2000 bitcoins to each user, instead of cash rewards of 2,000 Korean won. The company managed to recover 99.7% of the 620,000 bitcoins, amounting to approximately 44 billion dollars. Following the incident, Bithumb restricted transactions and withdrawals for 695 affected clients, just 35 minutes after the erroneous distribution. The company emphasized that this incident was not caused by hacking or security issues. The price of bitcoin temporarily dropped by 17% on the platform, but later recovered. Bithumb remains a significant competitor in the South Korean cryptocurrency market, following Upbit.
Sources
Latest News
10:22
Ukrainian drone attack in Moscow: Five dead and six injured
10:19
SAPE has signed a funding contract for CET Titan Bucharest / The new plant will increase the energy security of the Capital.
10:19
The Interior Ministers of the European Union are meeting today to analyze the migrant crisis in Ceuta.
09:56
The Fuego volcano in Guatemala has erupted again: Authorities have declared a national alert.
09:46
Iran is one step away from attacking Ukraine. Why did the Islamic Republic change its mind at the last moment?
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
