South Korean crypto firm accidentally pays out $40bn in bitcoin
A cryptocurrency exchange in South Korea accidentally distributed over $40 billion (£32 billion) in bitcoin to its users, temporarily turning them into multi-millionaires.
Rather than issuing a minor cash reward of 2,000 won ($1.37), Bithumb mistakenly credited customers with 2,000 bitcoins last week. The exchange promptly acknowledged the error and took swift action, recovering nearly all the lost tokens. Within just 35 minutes of the incident, Bithumb restricted trading and withdrawals for the 695 impacted customers.
The company reported that it successfully recovered 99.7% of the 620,000 bitcoins erroneously sent.
Goldman Sachs taps Anthropic’s Claude to automate accounting, compliance roles
Goldman Sachs is partnering with the artificial intelligence startup Anthropic to develop AI agents to streamline various roles within the bank, as revealed by the firm's technology chief in an exclusive conversation with CNBC.
For the past six months, the bank has collaborated with Anthropic engineers to jointly create autonomous agents focused on two key areas: trade and transaction accounting, and client vetting and onboarding, as detailed by Marco Argenti, Goldman’s chief information officer.
According to Argenti, the firm is “in the early stages” of crafting agents based on Anthropic’s Claude model, which are expected to significantly reduce the time required for these critical tasks.
AI.com bought by Crypto.com founder for $70mn in biggest-ever website name deal
The founder of the cryptocurrency trading platform Crypto.com has acquired the domain AI.com for an impressive $70 million, marking the highest publicly reported domain sale. This acquisition aims to establish a new player in the artificial intelligence sector. The site will feature a personal "AI agent" designed for consumers to send messages, utilize applications, and engage in stock trading.
Kris Marszalek, co-founder and CEO of Crypto.com, declined to comment on the purchase price, which the deal's broker, Larry Fischer of GetYourDomain.com, verified. Fischer revealed to the Financial Times that the $70 million was paid in full to an undisclosed seller using cryptocurrency, the largest such transaction ever made public.
Marszalek initially launched Crypto.com in 2016, amid a saturated market of cryptocurrency exchanges, and the company's annual revenue has surged to approximately $1.5 billion. Crypto.com has also secured multiple significant partnerships with the Trump family's media venture, Trump Media & Technology Group.
