Bitcoin24h $81,459.58-0.25%

Ethereum24h $2,350.80-1.48%

XRP24h $1.42+0.47%

BNB24h $648.80+2.28%

Solana24h $89.17+2.87%

TRON24h $0.3465+0.60%

Dogecoin24h $0.1127-1.17%

Hyperliquid24h $43.16-2.99%

Cardano24h $0.2660+1.50%

UNUS SED LEO24h $10.35+0.19%

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.”