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A South Korean cryptocurrency exchange has apologised after mistakenly transferring more than $60 billion worth of bitcoin to users, which briefly prompted a sell-off on the platform. #GoogleDocsMagic
Bithumb said it accidentally sent 620,000 bitcoins, currently worth more than $60 billion, and blocked trading and withdrawals for the 695 affected users within 35 minutes after the error occurred on Friday.
According to local reports, Bithumb was meant to send about 2,000 won ($1.95) to each customer as part of a promotion, but mistakenly transferred roughly 2,000 bitcoins per user.
$BTC "We sincerely apologise for the inconvenience caused to our customers due to the confusion that occurred during the distribution process of this [promotional] event," Bithumb said in a statement.
The platform said it had recovered 99.7 per cent of the mistakenly sent bitcoins, and that it would use its own assets to fully cover the amount that was lost in the incident.
It admitted the error briefly caused "sharp volatility" in bitcoin prices on the platform as some recipients sold the tokens, adding that it brought the situation under control within five minutes.
Its charts showed the token's prices briefly went down 17 per cent to 81.1 million won on the platform late Friday.
In a separate statement released later on Saturday, Bithumb said some trades were executed at unfavourable prices for users due to a price drop during the incident, including "panic selling".
The platform said it would compensate affected customers, covering the full price difference as well as a 10 per cent bonus.
It estimated losses at about 1 billion won ($976,579).
The platform earlier stressed that the incident was "unrelated to external hacking or security breaches".
Bitcoin, the world's biggest cryptocurrency, sank this week, wiping out gains sparked by US President Donald Trump's election victory in November 2024.
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Google has officially launched Gemini 3 and Gemini 3Pro, introducing groundbreaking capabilities for both enterprise and consumer AI applications. These advanced models establish new global benchmarks in reasoning, coding, and agentic workflows, providing professionals with faster, smarter workflows and powerful automation tools.
Key Features of Gemini 3: One-Million-Token Contexts: Gemini 3 supports extremely large context windows, enabling it to process and understand massive amounts of information in a single run.
Real-Time Simulations: The models can perform real-time simulations to assist with complex problem-solving and predictive tasks.
Business Process Automation: Gemini 3 is capable of driving entire business workflows, reducing repetitive tasks and increasing efficiency.
Benefits for Professionals: The launch of Gemini 3 brings tangible advantages for professionals:
Faster Workflows: Automation and AI-assisted processes accelerate daily tasks.
Smarter Outputs: Gemini 3 generates sharper, higher-quality content for reports, code, and communication.
Enhanced Productivity: By automating repetitive and complex tasks, professionals can focus on strategic decision-making and creativity.
Impact on AI and Technology: Gemini 3 raises the bar for AI reasoning, coding, and agentic workflows. Its ability to handle vast contexts and integrate real-time simulations makes it a valuable tool for businesses seeking to innovate and optimize operations. For consumers, Gemini 3 delivers smarter AI interactions, enhancing everyday productivity and accessibility.
Conclusion: With the launch of Gemini 3, Google is pushing the boundaries of AI for both enterprises and individual users. Professionals can now leverage these advanced models to streamline workflows, enhance creativity, and automate essential processes. Gemini 3 sets a new standard in the AI landscape, demonstrating how technology can empower users and businesses alike. Explore the possibilities and take advantage of the Gemini 3 launch today.

#GeminiAI #Gemini #GoogleDocsMagic

China promete denunciar EUA na OMC após tarifa de 10% imposta por Trump
Pequim considera a tarifa adicional de 10% sobre importações chinesas uma 'violação grave' das regras de comércio#AltcoinRevolution2028
A China prometeu retaliar contra os EUA após o presidente Donald Trump assinar neste sábado (1º) uma ordem executiva impondo uma tarifa adicional de 10% sobre importações da segunda maior economia do mundo.#GoogleDocsMagic
Em um comunicado divulgado neste domingo (2), o Ministério do Comércio da China prometeu apresentar uma “denúncia” contra os EUA na Organização Mundial do Comércio (OMC), condenando a tarifa geral como uma “violação grave” das regras internacionais de comércio. Pequim disse que “tomará medidas de contração correspondentes para defender firmemente seus próprios direitos e interesses”, sem entrar em detalhes.
Trump desferiu a primeira salva de sua guerra comercial no sábado. Além dos 10% sobre produtos importantes da China, ele impos taxas de 25% sobre o Canadá e o México, alegando uma falha em impedir o fluxo de migrantes não documentados e drogas ilegais. Essa ação, apenas duas semanas após o início de seu segundo mandato, mostra que o líder dos EUA está sério em seguir com as promessas de restrições comerciais tanto contra adversários quanto seus próprios aliados.
“A prática de impor tarifas não é construtiva e minará inevitavelmente a futura cooperação entre os dois lados no controle de drogas”, disse o Ministério das Relações Exteriores da China em um comunicado separado.