South Korea's Bithumb said on Wednesday that serious flaws
had left the crypto exchange's internal system susceptible to potential
sabotage and failed to prevent an erroneous transfer of more than $40 billion
in assets last week.
The country's second-largest virtual asset exchange said it
accidentally gave away about 620,000 bitcoin (BTC-USD) to customers during a
promotional event, instead of 620,000 won ($426), triggering a 17% slump in
bitcoin's price. (Reuters)
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