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South Korean authorities under fire over $43B Bithumb Bitcoin error

South Korean authorities are facing criticism after a significant error involving Bithumb, one of the country's largest cryptocurrency exchanges, which mistakenly reported a $43 billion Bitcoin transaction. The error occurred during a routine inspection, leading to confusion and concern among investors and the public. Authorities have since clarified that the transaction was not actual and resulted from a clerical mistake. The incident has raised questions about regulatory oversight and the reliability of cryptocurrency exchanges in South Korea. As a result, calls for improved transparency and accountability in the crypto sector have intensified.

Read the full article: Coin Telegraph

Bitcoin tops $72,000 as ETFs pull $155 million, extending two week inflow streak

Bitcoin has surpassed $72,000, marking a significant milestone as exchange-traded funds (ETFs) have attracted $155 million in investments over the past two weeks. This influx of capital reflects growing institutional interest in Bitcoin and the broader cryptocurrency market. The recent price surge is attributed to positive market sentiment and

Big Tech Joins White House Energy Pledge as Iran Tensions Threaten Higher Costs

Big Tech companies have joined a White House initiative aimed at reducing energy consumption and promoting sustainability amid rising tensions with Iran, which could lead to increased energy costs. The pledge encourages tech firms to adopt more energy-efficient practices and invest in renewable energy sources. This collaboration is seen as

Quant firm suggests a bullish bitcoin trade with a key financing twist

A quantitative trading firm has proposed a bullish strategy for Bitcoin, emphasizing a unique financing approach. The strategy involves leveraging Bitcoin's price movements while utilizing derivatives to enhance potential returns. This method aims to capitalize on market volatility and the growing institutional interest in cryptocurrencies. The firm believes

Canadian Robbed of Crypto via ATM Kiosk, Recovery Efforts Lead to Another Scam Attempt

A Canadian individual was robbed of cryptocurrency through an ATM kiosk, leading to a series of recovery efforts. During these attempts, the victim encountered another scam, where fraudsters attempted to exploit their situation. Authorities are investigating the initial robbery and the subsequent scam, highlighting the risks associated with cryptocurrency transactions

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Bitcoin tops $72,000 as ETFs pull $155 million, extending two week inflow streak

Big Tech Joins White House Energy Pledge as Iran Tensions Threaten Higher Costs

Quant firm suggests a bullish bitcoin trade with a key financing twist

Canadian Robbed of Crypto via ATM Kiosk, Recovery Efforts Lead to Another Scam Attempt