Bitcoin24h $69,388.12-1.63%

Ethereum24h $2,093.48+1.63%

BNB24h $647.52-1.66%

XRP24h $1.42-2.97%

Solana24h $87.68+0.04%

TRON24h $0.2781+1.48%

Dogecoin24h $0.0982-0.28%

Bitcoin Cash24h $525.38+0.50%

Cardano24h $0.2725-1.43%

Hyperliquid24h $31.28-3.75%

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.”