Bithumb’s $40 Billion Bitcoin Blunder Shocks Crypto Market
Then a huge error occurred. An employee of Bithumb, the second-largest cryptocurrency exchange in South Korea, failed to disburse 620,000 Korean won. Instead, the prizes appeared in a different currency—620,000 bitcoins, worth over $40 billion—because of an input error. This meant that a winner who ought to have received 2,000 won, which would have been … Read more