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News and updates on Bitcoin trading platforms, from feature releases to security incidents and market activity.

Bithumb Mistake Sends 2,000 BTC to Users, Briefly Crashing Prices

5 min read

Bithumb Mistake Sends 2,000 BTC to Users, Briefly Crashing Prices

The exchange says the incident lasted about 40 minutes and assures it wasn’t a hack. Regulators are now reviewing the incident after Bithumb froze accounts and recovered most funds.

Nima ‎
ByNima ‎
Binance to Move $1 Billion User Protection Fund Fully Into Bitcoin

4 min read

Binance to Move $1 Billion User Protection Fund Fully Into Bitcoin

Built from trading fees, SAFU will shift to bitcoin in 30 days, sit in cold wallets via an Abu Dhabi clearing house, and be refilled if it dips below $800M.

Nima ‎
ByNima ‎
Bitcoin Briefly Dropped to $24,000 on Binance: What Happened?

4 min read

Bitcoin Briefly Dropped to $24,000 on Binance: What Happened?

The flash dip hit only Binance’s thin BTC/USD1 pair, tied to a new stablecoin, during low-liquidity Christmas trading, before snapping back instantly.

Nima ‎
ByNima ‎

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