
A Bithumb employee accidentally sent around 2,000 $BTC to hundreds of users during an airdrop instead of the intended token, causing Bitcoin to drop about 10% on the exchange. Some users reported receiving 2,000 $BTC rather than the expected 2,000 KRW. The mishap triggered a sharp price reaction locally on Bithumb, though Bitcoin’s broader market remained relatively stable. The incident highlights the risks of human error in crypto operations and the potential market impact of large accidental transfers.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Bithumb has filed for a court-approved asset freeze to recover 7 BTC, worth approximately $496,000,…
Around $180 million worth of Avalanche has been transferred to Coinbase over the past six…
The Iran war pushed oil to $115, forcing markets to cut expectations from four Fed…
Bitcoin surged above $72,500 within minutes of the ceasefire announcement on Tuesday. Wallets tied to…
The Ethereum Foundation has sold 3,750 ETH for stablecoins to fund its development work. To…
Ethereum has decisively reclaimed the $2,200 level, marking a clear shift in structure, and that’s…