#NewsAboutCrypto $BTC

BTCUSDT

Perp

66,173.8

-1.85%

Saturday, February 7, 2026:

​🚨 The $40 Billion Mistake

​The biggest story today is coming out of South Korea. The exchange Bithumb accidentally distributed 620,000 Bitcoins (worth roughly $44 billion) to customers as part of a promotion.

​The Error: They meant to send 2,000 KRW (about $1.40) to each user but sent 2,000 BTC instead.

​The Fallout: This caused a localized flash crash of 17% on the exchange as some users immediately tried to sell.

​Status: Bithumb claims to have recovered 99.7% of the funds and has frozen the accounts of the 695 affected