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Bitcoin Tumbles Most In Two Weeks Amid South Korea Hack

Written by Nihongo Sep 08, 2021 ยท 4 min read
Bitcoin Tumbles Most In Two Weeks Amid South Korea Hack

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Bitcoin Tumbles Most In Two Weeks Amid South Korea Hack. In a statement on its website on Monday Coinrail said its system was hit by cyber intrusion on Sunday causing a loss for about 30. Cryptocurrencies plunged in Asia on Monday after a hack on a South Korean exchange sparked fresh concerns about the safety of the digital units. The news sent cryptocurrencies tumbling with bitcoin losing. Bitcoin tumbles along with stocks amid coronavirus fears questioning safe haven theory.


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The firm which trades more than 50 cryptocurrencies added that it had frozen all exposed coins – Fundus X Aston and Enper – and other units had been taken offline in a cold wallet. The heist at Coinrail a relatively small South Korean cryptocurrency exchange sent the price of bitcoin tumbling to two-month lows as it once again highlighted the security risks and the weak. The largest cryptocurrency declined to 6749 as of 2 pm. Bitcoin has dropped 12 percent since 5 pm. Value likewise dropped in South Korea when the. Bitcoin Crashes Following South Korean Hack Bitcoins price hit its lowest level in two months on Monday.

Value likewise dropped in South Korea when the.

Bitcoin Tumbles Most in Three Months Amid South Korea Hack. Read more on cryptocurrencies in South Korea here. Bitcoin has dropped 12 percent since 5 pm. Bitcoin tumbled as much as 6 percent as South Korean cryptocurrency exchange Coinrail said there was a cyber intrusion in its system. Perhaps the real story isnt hack of an exchange makes Bitcoin value tumble. The news sent cryptocurrencies tumbling with bitcoin losing.


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The heist at Coinrail a relatively small South Korean cryptocurrency exchange sent the price of bitcoin tumbling to two-month lows as it once again highlighted the security risks and the weak. Amid economic carnage low interest rates. Value likewise dropped in South Korea when the. Cryptocurrencies Lose 46 Billion After South Korean Bourse Hack Bloomberg Cryptocurrencies Tank as South Korean Exchange Hacked Finance Magnates Bitcoin swoons 10 after news of South Korea crypto exchange hack leading a broad cryptocurrency selloff CNBC Bitcoin Bitcoin Cash Ethereum Ripple Other CCs Fall 5 Or More As South Korea. South Korean cryptocurrency exchange Coinrail said it was hacked over the weekend sparking a steep fall in bitcoin amid renewed concerns about security at virtual currency exchanges as global policy makers struggled to regulate trading in the digital asset.


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