iS BITCOIN DEAD? : cOINwORLD

in #bitcoin7 years ago

Bitcoin prices fell to their lowest level of $ 5,960 last week during the three months. But over the next four days, the company made a sharp recovery, jumping 60 percent. Last week, the stock market news was reported in a smaller proportion. In particular, Chinese authorities ' latest report on " blocking the use of Korean overseas exchanges " and the news of damages caused by hacking on the Italian-based exchange amounted to 212 billion won on Tuesday.

The entire cryptosyphony market is on alert because of the second major hacking scandal this year following last month's coin checks in Japan. Among them, Hong Kong's Vinance Corp., the world's largest trading company, raised investor jitters over the same day after a server check was delayed, dogged by hacking suspicions. This news clipping delivered three key news stories about the global crypto-money industry last week.

Chinese authorities and Koreans are denied access to overseas exchange

" Regulators are complaining about the current move by shutting down the exchange only in China, and decided to block foreign sites, " the South China Morning Post said. " Despite the ICO ban last month, China's cross-catching operations were not fully withdrawn, and illegal coin issuance and pyramid fraud was being carried out by overseas exchanges, " officials said.

Italian exchange beat grail hacking ' BitGrail ' and stole KRW 212 billion

On the 9th (gold) day in Italy, BitGrail, our $ 212 billion ' Nanocone ' was hacked. In a notice posted on the market, the exchange reported 17 million illegally withdrawn at the time, at the market price of approximately $ 195mn. The cause of the hacking is not known yet, but police are known to report it to police for investigation.

Due to the huge negative effects of the second time this year following the coin check in Japan, the community is showing a distrustful attitude. In particular, there are criticisms that this case is a make-over as it captures suspicious circumstances between the two parties. Already, the exchange has stopped risk and cryptoforce disruptions, including nano, since the beginning of January, when the hacking was revealed.

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