NewsBTC
Feb 9, 2026
2 0

BEARISH 📉 : South Korea increases oversight after Bithumb’s $40B mistake

  • Bithumb mistakenly distributed 620,000 Bitcoins, valued at approximately $40 billion, to users. It recovered 99.7% of the amount.
  • This incident has led South Korean financial authorities to increase scrutiny on local crypto exchanges.
  • Maxi Doge ($MAXI) raised over $4.5 million in its presale, appealing to high-risk investors with staking rewards and trading competitions.
  • Smart money accumulation indicates a shift toward high-leverage meme assets, away from regulated, low-volatility investments.
  • The project integrates DeFi mechanics, offering dynamic staking APY and holder-only trading competitions to encourage long-term investment.

$MAXI's presale performance.

On-chain data shows significant whale transactions in Maxi Doge's presale, signaling potential for aggressive post-launch growth.