A South Korean cryptocurrency exchange accidentally distributed billions of dollars worth of Bitcoin to its customers, while the price of Bitcoin itself hit a 16-month low, according to recent reports. Bithumb, the South Korean exchange, mistakenly gave away over 40 billion (32 billion) worth of Bitcoin to customers, briefly making them multi-millionaires, according to BBC World. The error occurred when the platform intended to give customers a small cash reward of 2,000 won (1.37), but instead gave them 2,000 bitcoins on Friday.
The company quickly realized its mistake and recovered almost all the missing tokens, restricting trading and withdrawals for the 695 affected customers within 35 minutes of the glitch, according to the BBC World report. Bithumb stated it had recovered 99.7% of the 620,000 bitcoins mistakenly sent.
Meanwhile, the price of Bitcoin fell to its lowest level since September 2024, hitting 60,000 (44,000) before slightly rallying, according to BBC Technology. This drop followed months of surging Bitcoin prices, which saw the cryptocurrency reach an all-time high of 122,200 in October 2025. Joshua Chu, co-chair of the Hong Kong Web3 Association, told Reuters that investors who had "bet too big, borrowed too much or assumed prices only go up are now finding out the hard way what real market volatility and risk management look like."
In other news, YouTube's revenue reached over 60 billion (44 billion) in 2025, according to BBC Business, as the platform targets more subscribers. This figure, which includes advertising revenue and paid subscriptions, surpasses streaming rival Netflix's 45 billion revenue. Hanna Kahlert, a Midia Research senior analyst, noted that the announcement was "perhaps not a surprising one" given YouTube's status as "almost infrastructural for digital natives."
Additionally, emails revealed in the Epstein files shed light on Prince Andrew's relationship with businessman David Rowland, who Andrew described to Jeffrey Epstein as his "trusted money man," according to BBC Business. The emails seem to show Andrew promoting Rowland's financial ventures while he was the UK's trade envoy.
Finally, residents of Wellington, New Zealand, were advised not to enter the water, collect seafood, or walk their dogs on local beaches due to an environmental disaster caused by a sewage leak, according to The Guardian. Millions of liters of untreated sewage have been flowing into the sea after a disaster at a nearby wastewater treatment plant.
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