Jun 11, 2018

Bitcoin tanks on South Korean exchange hack

Bitcoin prices fell 9.8% yesterday, after a South Korean crypto exchange called Coinrail was hacked, with crooks stealing around $40 million of alt-coins.

Bottom line: It's a small exchange and a (relatively) small theft, but further highlighted security problems that still plague the cryptocurrency market.

Data: CoinDesk; Chart: Axios Visuals
Data: CoinDesk; Chart: Axios Visuals
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