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Crypto firm accidentally sends $44bn in bitcoin to users
Published on 07/02/2026
» SEOUL - The South Korean cryptocurrency exchange Bithumb said on Saturday that it had accidentally given away more than $40 billion worth of bitcoins to customers as promotional rewards, triggering a sharp selloff on the exchange.
Bitcoin above $43,000 after ‘jet-fuelled’ jump
Published on 06/12/2023
» Bitcoin hovered above $43,000 on Wednesday after its longest winning run since May, amid questions about whether the breakout reflects growing optimism about looser US Federal Reserve monetary policy.
South Korean crypto exchange loses $31m from hack
Published on 20/06/2018
» SEOUL: A leading South Korean cryptocurrency exchange said on Wednesday that US$31 million (1 billion baht) worth of virtual currencies have been stolen by hackers, a latest in the series of recent hacks that raised security concerns.
Uproar over bitcoin crackdown bid divides S.Korea
Reuters, Published on 12/01/2018
» SEOUL: With a tech-savvy population quick to adopt the latest gadgets and a young generation facing dim prospects in the conventional workplace, South Korea has been a fertile ground for virtual currencies.
Seoul sends bitcoin on rollercoaster ride
AFP, Published on 11/01/2018
» Bitcoin and other virtual currencies were sent on rollercoaster rides in South Korea Thursday as the government said it was planning to ban cryptocurrency exchanges, before later backtracking.
Cryptocurrency may be 'channelled to N.Korea'
Reuters, Published on 08/01/2018
» SEOUL: A cybersecurity company said it has found software that appears to install code for mining cryptocurrency and sends any mined coins to a server at a North Korean university, the latest sign that North Korea may be searching for new ways to infuse its economy with cash.