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South Korean Crypto Exchange Mistakenly Distributed $95 Billion in Bitcoin

South Korean Crypto Exchange Mistakenly Distributed $95 Billion in Bitcoin

Simply put South Korean exchange Bithumb mistakenly credited users with 2,000 BTC each instead of a small cash reward. The error was resolved in about five minutes, but not before users had sold an estimated $2 billion worth. This sale occurred only on Bithumb’s internal ledger, not on the blockchain, yet it still led to […]

New ‘Axie Infinity’ Ethereum Gaming Token Will Be Distributed to AXS Stakers

New ‘Axie Infinity’ Ethereum Gaming Token Will Be Distributed to AXS Stakers

Simply put Axie Infinity plans to distribute airdropped bAXS, a new token linked to existing AXS tokens, to qualifying AXS stakers. bAXS will serve specific functions within the Axie economy. AXS has seen a 57% rise over the past month but is still down 99% from its peak. Axie Infinity, the blockchain game where players […]

Social Security Payments: Benefits Up To $5,181 Being Distributed This Week

Social Security Payments: Benefits Up To $5,181 Being Distributed This Week

Upcoming Social Security Payments This week, millions of beneficiaries will receive their Social Security payments. Why It Matters Over 70 million Americans count on Social Security monthly for vital income, including retirement, disability, and survivor benefits. Given the program’s scale, the Social Security Administration (SSA) distributes payments throughout the month. Important Details Payment dates for […]

Biden administration may have mistakenly distributed $84.6M for Minnesota housing aid, including funds to many who were already deceased.

Biden administration may have mistakenly distributed $84.6M for Minnesota housing aid, including funds to many who were already deceased.

HUD’s Investigation into Ineligible Aid Payments in Minnesota WASHINGTON – An investigation into the Department of Housing and Urban Development (HUD) has revealed that over $84 million may have been improperly paid to Minnesota during the last year of former President Joe Biden’s administration. This irregularity reportedly includes payments made to more than 500 individuals […]

Social Security: Benefits Up to $5,108 Being Distributed This Week

Social Security: Benefits Up to $5,108 Being Distributed This Week

Another installment of Social Security benefits for November is set to be distributed this week. Why This Matters About 70 million Americans, which includes retirees and individuals with disabilities, depend on the Social Security Administration (SSA) for their monthly income. Due to the program’s extensive scope, payments are made in a staggered manner each month […]

States advised to reverse SNAP benefits that have already been distributed.

States advised to reverse SNAP benefits that have already been distributed.

The U.S. Department of Agriculture (USDA) has instructed states to promptly retract measures that had been taken to provide full benefits for the Supplemental Nutrition Assistance Program (SNAP), according to several reports. States were warned that noncompliance could result in the loss of federal cost-sharing associated with SNAP. This directive was reported following its issuance […]

Melania Trump Meme Coin Wallets Distributed $1.2 Million in Meteora Tokens

Melania Trump Meme Coin Wallets Distributed $1.2 Million in Meteora Tokens

Simply put Meteora launched its token on Thursday, distributing MET to users. The project claims it worked to prevent “malicious bad actors” from receiving these tokens. The airdrop, valued at $1.2 million, went to two wallets linked to the controversial Melania Trump meme coin, igniting concerns among cryptocurrency watchers. Additionally, three wallets associated with President […]