News
Crypto firm accidentally sends $40 bn in bitcoin to users
2+ hour, 30+ min ago (246+ words) A South Korean cryptocurrency exchange apologised on Saturday after mistakenly transferring more than $40 billion worth of bitcoin to users, which briefly prompted a selloff on the platform. Bithumb said it accidentally sent 620,000 bitcoins, currently worth more than $40 billion, and blocked…...
Chamber committee on financial crime: Banks must act to prevent fraud, warns minister Roth
1+ week, 1+ day ago (409+ words) I take the subject of payment fraud very seriously, because it also affects the reputation of our financial centre, and I understand clients" frustration," declared finance minister Gilles Roth on Thursday following the committee meeting. The discussion focused on a…...