Crypto Exchange
South Korean cryptocurrency exchange Bithumb accidentally distributed around $44 billion worth of bitcoin to customers during a promotional event, causing temporary market volatility. The exchange quickly recovered most of the funds and assured users of no security breaches. Regulators have launched inspections into the incident.
Imeripotiwa na AI
Cryptocurrency exchange Bybit has reentered the UK market after exiting in 2023 due to stricter regulations on crypto promotions. The platform, the second-largest by trading volume, now offers spot trading on 100 currency pairs under a compliant framework. This move comes as the UK government plans a dedicated crypto rulebook by 2027.