Major Incident in South Korea — $40 Billion Distributed by Mistake South Korean crypto exchange Bithumb accidentally distributed nearly $40 billion worth of Bitcoin to users due to a system error. Following the incident, the country’s financial watchdog emphasized the need for stricter regulations to prevent similar failures in the future. $BTC $japan election
Major crypto company Gemini has announced plans to lay off around 200 employees and is preparing to exit some markets as part of cost-cutting and restructuring efforts. 🌏 Regulatory & International News China has intensified its crypto crackdown — strengthening restrictions on virtual currencies and announcing tighter controls on the approval and regulation of Real-World Asset (RWA) tokens. Reuters$BTC $ETH $BNB
Massive Bitcoin Transfer Mistake A major Asian crypto exchange mistakenly sent ~$44 BILLION worth of Bitcoin to user accounts. Most funds were recovered, but the incident shook market confidence and caused sharp volatility.$BTC