Bitcoin’s value has dropped once again today, by the news of hacking of more than $30 million worth of digital currency tokens from a cryptocurrency exchange.
Bitcoin’s value has dropped once again today, by the news of hacking of more than $30 million worth of digital currency tokens from a cryptocurrency exchange.
The Hackers managed to hack about $31.5 million from South Korean exchange Bithumb this week and company has reacted by moving all of its users assets to “cold storage”, and placing a temporary hold on all withdrawals and deposits.
It isn’t yet clear to Bithumb who was behind the issue, but Bithumb has guarantee that affected customers will be refunded as early as possible, and the bithumb is trying to clear its black mark on the the security issues.
After reaching the $6820 mark on last day afternoon, it again slipped down to below $6570 on this morning.
Its value dropped to a seven-month low earlier this month, spreading news of a hack attack on Coinrail, another South Korean cryptocurrency exchange.
This year hasn’t been a good year for Bitcoin holders, with its value having fallen from more than $13,400 at the beginning of January. Just two weeks before that, it had been worth more than $19,200.
According to Coinmarketcap survey, 88 of the top 100 digital currencies by market capitalisation have declined in value over the past 24 hours.
Congratulations @kraviteja20! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!