Bitcoin24h $63,879.05-5.66%

Ethereum24h $1,867.32-8.13%

BNB24h $597.78-4.65%

XRP24h $1.31-7.77%

Solana24h $78.78-9.80%

TRON24h $0.2807-1.44%

Dogecoin24h $0.0895-9.10%

Cardano24h $0.2655-8.55%

Bitcoin Cash24h $447.26-7.15%

UNUS SED LEO24h $8.83+0.50%

Bithumb accidentally gave away 2,000 BTC and crashed its market

Bithumb apologised for sending up to 2,000 BTC to users which led to a 10% crash on the South Korean exchange.

Bithumb boosts security in wake of SK Telecom malware hack

Bithumb took action after SK Telecom was attacked with a malware infection that allowed hackers to access sensitive customer information.

The raid follows an investigation into a former Bithumb CEO who allegedly misused $2 million of company money to purchase an apartment.

Cryptocurrency exchanges Upbit and Bithumb were raided on Monday as part of an investigation into a politician who held $4.5M wemix coins.

According to a former Bithumb executive, the exchange has been aggressively listing shady kimchi coins “for a while.”