Bithumb Files to Seize Bitcoin From Holdouts After $43B Blunder

In brief Bithumb has filed provisional asset seizure applications through South Korean courts to recover 7 BTC worth $496,000 from holdout users. The legal action follows a February trading system error that mistakenly distributed 620,000 BTC worth over $43 billion to user accounts. South Korea’s Financial Services Commission has mandated five-minute balance reconciliation for all…

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Stablecoin Giant Tether Launches Toolkit for Building Local, Offline AI Apps

In brief Tether has launched QVAC SDK, an open-source software development kit for running AI applications locally on devices. The cross-platform toolkit supports text generation, speech processing, translation, and vision capabilities. CEO Paolo Ardoino positioned the move as preparation for a world with “billions of autonomous machines and trillions of AI agents.” Tether, the company…

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