Velvet users just received 977,000 $VELVET in rewards
Now for Epoch 7.. users will receive another 968,305 $VELVET on February 10th based on their Gems Rankings

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Bithumb, one of South Korea's largest cryptocurrency exchanges, has just shaken the market with a serious internal incident related to the distribution of rewards...

A Bithumb exchange employee accidentally 'gifted' 2,000 Bitcoin to a user, causing the price of BTC on the exchange to suddenly drop by 10%.

Author: Nancy, PANews
Original title: No Black Swan Events, Four Atypical Guesses About the Culprit Behind Bitcoin Overselling
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A black swan-style crash has arrived, but we haven't seen where the black swan is, which is even more unsettling.
Almost without warning, Bitcoin suddenly plummeted, entering its third-largest oversold zone in history, causing both long positions to collapse and psychological barriers to fall. This has left the market perplexed...

The absence of black swan events suggests there may be other reasons for Bitcoin's current oversold condition.

Bitcoin ($BTC) has recently gone through a sudden shift on Bithumb, a well-known South Korean crypto exchange. In this respect, the $BTC/KRW trading abruptly plummeted over 10% below the worldwide ave...

Bitcoin Price Plummets on Bithumb after Staff Error Transfers 2,000 $BTC

How to Compete in Epoch 7
Your Gems rank is shaped by everything you do on Velvet.
- Trade on Velvet to build rolling volume
- Stake $VELVET into veVELVET to amplify mining power
- Invite active users and earn from their activity
- Create or deposit into portfolios to grow TVL
- Claim daily to protect your streak and bonuses

Key Dates:
Activity window: January 10 to February 10, 2026
Distribution: February 10, 2026. 968,305 $VELVET distributed by rank