The bitcoin exchange rate fell after a hacker attack on Bitfinex 574.11$ = 1 BTC

in #crypto-news8 years ago (edited)

Bitcoin exchange rate has fallen, after one of the largest exchanges, has suspended trading due to the actions of hackers who stole about $65 million in the digital currency, reports Bloomberg.


On Wednesday as of 2:30 at the Tokyo bitcoin exchange rate dropped by 5.5% against the dollar, resulting in a two-day drop in the exchange rate was at 13%. Prior to this, the price of bitcoin had declined 6.2%, although it was not clear whether this is due to the actions of hackers.

The Hong Kong exchange Bitfinex 2 August said it would suspend trading, the removal from the accounts and credited upon discovery of a security breach, in which users exchange was part of the stolen bitcoins. In Bitfinex also said that the investigation into the incident were involved in law enforcement.

Co-founder of the platform for the exchange and storage of cryptocurrency Coinbase Fred Arsam reported that the leak was large enough, but bitcoin already has shown its resilience to such events.

Bitfinex, confirmed that hackers managed to steal more than 119 thousand bitcoins, or about $65 million at current exchange rates. Trading was suspended for all digital currencies, but the losses were only bitcoins, dollar deposits were not affected.

All options for compensation of losses to customers will be discussed later in the course of the investigation, reported in Bitfinex and asked the customers to wait for the results clarify the reasons for the incident.

The Hong Kong-based exchange Bitfinex was the largest dollar volume of transactions at the end of July 2016, according to bitcoincharts.com. And Chinese exchange OKCoin as a whole was considered the largest stock exchange for trading digital currencies, 90% of them are traded in Chinese yuan.

This week the market capitalization of bitcoins spent about $1.5 billion, and the depreciation of the digital currency reminded the experts of the market reaction that followed the hacking of the largest Tokyo stock exchange, digital currency, Mt. Gox in 2014 a few weeks after the incident, the exchange filed for bankruptcy, and bitcoin price in the same month fell by 30%.

How do you think what will be the exchange rate of bitcoin to the end of the summer?

Sort:  

$500 but Kim dotcom will fix this with the launch of Mega 2.0

Ouch! That's one hell of a hack!

The thing about crypto currency is that there is no regulation. It's so easy for a company to say that they have been hacked and walk away with the bitcoin.

Coin Marketplace

STEEM 0.23
TRX 0.21
JST 0.036
BTC 97927.80
ETH 3429.21
USDT 1.00
SBD 3.22