Crypto News
Bithumb's $44 billion bitcoin mistake, explained
A promotional payout gone wrong credited Bithumb customers with about $44 billion in bitcoin on February 6, 2026 — and revived an old lesson: money sent to you…
Author
Tomás Ferreira
Independent editorial contributor covering crypto markets, digital assets and fintech for VUGA Network publications.
Articles by Tomás Ferreira
Blockchain
What goes inside a blockchain block?
A blockchain block is a container with two parts — a header of metadata and a list of transactions — and together those fields are what turn separate batches…
Web3
What is a smart contract?
A smart contract is code on a blockchain that executes agreed terms by itself. The automation is real — and so are the bugs.
Blockchain
What does block finality mean?
Block finality is the moment a blockchain payment stops being reversible — and it arrives on a different schedule for every chain.
Blockchain
What is a consensus mechanism?
A consensus mechanism is the rule set a blockchain uses to agree on one shared record — and the choice between proof of work and proof of stake shapes…