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Market
Korean crypto exchange Bithumbs bitcoin flop draws regulatory scrutiny

Korean crypto exchange Bithumb's bitcoin flop draws regulatory scrutiny

SEOUL, February 07 (AJP) -South Korea’s financial authorities moved swiftly Saturday after a major operational error at crypto exchange Bithumb led to the mistaken distribution of hundreds of thousands of bitcoins, triggering market volatility and raising fresh concerns over risk management in the digital asset sector. The Financial Services Commission (FSC) convened an emergency meeting at the Government Complex Seoul, chaired by Vice Chairman Kwon Dae-young, with officials f

February 7, 2026
  • Coupang data breach victims file class action suit in New York seeking punitive damages

    Coupang data breach victims file class action suit in New York seeking punitive damages

    February 7, 2026
  • Bithumb accidentally sends 620,000 bitcoin to users in reward glitch

    Bithumb accidentally sends 620,000 bitcoin to users in reward glitch

    February 7, 2026
  • Tokyo turns calm as vote day nears, while Asia broadly retreats 

    Tokyo turns calm as vote day nears, while Asia broadly retreats 

    February 6, 2026
  • Seoul sells $3 bn in USD bonds, largest sovereign offering since global financial crisis

    Seoul sells $3 bn in USD bonds, largest sovereign offering since global financial crisis

    February 6, 2026
  • Blockchain expert says adoption in banking is shifting toward financial infrastructure

    Blockchain expert says adoption in banking is shifting toward financial infrastructure

    February 6, 2026
  • Koreans overseas stock buying nearly matches current account surplus

    Koreans' overseas stock buying nearly matches current account surplus

    February 6, 2026
  • Regional winner becomes this weeks biggest loser due to foreign selloff

    Regional winner becomes this week's biggest loser due to foreign selloff

    February 6, 2026
  • KOSPI takes 4% hit for third session in a row, second sidecar activated in a week

    KOSPI takes 4% hit for third session in a row, second sidecar activated in a week

    February 6, 2026
  • More breach revelation, regulation, rivals exacerbate Coupang woes

    More breach revelation, regulation, rivals exacerbate Coupang woes

    February 5, 2026
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