Bank Of Korea Wants Crypto ‘Circuit Breakers’ After Bithumb’s 620,000 BTC Mistake
The Bank of Korea (BOK) has urged the cryptocurrency industry to adopt stronger safeguards after a major operational failure at ...
Tag: Bithumb Bitcoin Error
Bithumb Seeks Legal Action To Recover Unreturned Bitcoin From $40B Payout Error
Crypto exchange Bithumb is pursuing legal action to freeze nearly $500,000 in Bitcoin (BTC) unrecovered from the $40 billion payout ...
Think Your Crypto Is Liquid? Korea’s New Asset‑Matching Regime Says Think Again
South Korea’s Financial Services Commission (FSC) is ordering all domestic crypto exchanges to implement near real‑time asset‑matching systems. A Tighter ...
Bithumb Faces 6-Month Suspension In South Korea Over AML, KYC Violations
The South Korea-based cryptocurrency exchange, Bithumb, is facing significant legal and operational challenges following a major system error in February. ...
Bithumb Blames System Flaws For $40 Billion Bitcoin Giveaway
South Korean crypto exchange Bithumb has said that system flaws were the reason behind the platform's accidental 620,000 Bitcoin giveaway. ...
