Fat Fingers: Citigroup Mistakenly Deposits $81 Trillion to Customer
$81 trillion was erroneously credited by Citigroup, as the customer was only meant to receive $280. The payment bypassed all Citigroup controls and had to be reversed several hours after its execution, which the bank refers to as a “near miss.” Citigroup...
Korean Exchange Bithumb to Sponsor FC Seoul, One of the Country’s Leading Soccer Clubs
Bithumb, one of the largest cryptocurrency exchanges in Korea by trading volume, has signed a sponsorship deal with FC Seoul. This initiative, which marks the exchange’s eighth project aimed at contributing to various cultural fields, will see Bithumb serve as...
Gold Bulls Unfazed by Pullback, $3,000 Still in Sight
While gold recently experienced a pullback that brought it to sub-$2,900 levels, analysts still believe it can bounce back to reach $3,000. In February, gold broke key record levels several times, as investors sought refuge in hard assets. Gold Still Pointing High,...
Dymension CEO: Lowering Crypto Barriers Fuels Hyper Growth
Dymension CEO Yishay Harel believes lowering barriers to entry in the cryptocurrency space will drive innovation and growth. He argues that democratizing token creation will lead to more value-creating instances, despite potential risks from “unserious”...Interesting 13
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