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> Sweet Jesus… I knew shytcoiners were fuqing dunces but this bit of ineptitude is breathtaking

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VP_Spiro_T_Cheney
#1 Yesterday 06:13:15

Sweet Jesus… I knew shytcoiners were fuqing dunces but this bit of ineptitude is breathtaking

SEOUL, Feb 7 (Reuters) - South Korean cryptocurrency exchange Bithumb said on Saturday it had accidentally given away more than $40 billion worth of bitcoins to customers as promotional rewards, triggering a sharp selloff on the exchange.

Bithumb apologised for the mistake, which took place on Friday.  It had restricted trading and withdrawals for customers within 35 minutes of the erroneous distribution on Friday.

The exchange had planned to distribute small cash rewards of 2,000 Korean won ($1.37) or more to each user as part of a promotional event, but winners received at least 2,000 bitcoins each instead, media reports said.

"We would like to make it clear that this incident is unrelated to external hacking or security breaches, and there are no problems with system security or customer asset management," Bithumb said in a statement.

facepalm

Oh yeah, SO relieved that there are no problems with security or asset management.  I’m totally ready to trust you fuqing slopes with my life savings!

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#2 Yesterday 06:23:08

Re: Sweet Jesus… I knew shytcoiners were fuqing dunces but this bit of ineptitude is breathtaking

They aren't making any more sweet coins, unless you invest in $NVDA!

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SamplesBoi
#3 Yesterday 06:24:36

Re: Sweet Jesus… I knew shytcoiners were fuqing dunces but this bit of ineptitude is breathtaking

You can secure your own Bitcoins without using a "bitcoin" bank.  Just don't let your girlfriend throw away the only copy.


Also, don't fuq around with Bitcoin unless you want to find out.

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#4 Yesterday 07:35:24

Re: Sweet Jesus… I knew shytcoiners were fuqing dunces but this bit of ineptitude is breathtaking

Worthless shyt now more worthless

winner

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#5 Yesterday 10:56:06

Re: Sweet Jesus… I knew shytcoiners were fuqing dunces but this bit of ineptitude is breathtaking

It's a store of value, Pillowbiter.

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.,
#6 Yesterday 12:32:14

Re: Sweet Jesus… I knew shytcoiners were fuqing dunces but this bit of ineptitude is breathtaking

so they "recovered" 99.7% of the transactions. This becomes another problem - they can now just reverse transactions at will? Bitcoin is an immutable ledger - so I guess they never actually gave them the Bitcoin - only an IOU that we might honor our agreements later if we feel like it.

https://www.reuters.com/world/asia-paci … 026-02-07/

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#7 Yesterday 14:27:21

Re: Sweet Jesus… I knew shytcoiners were fuqing dunces but this bit of ineptitude is breathtaking

It’s a fuqing scam, Sally

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