The collapse in the crypto-currency markets continues
The fall in the crypto-currency markets, which has been going on for several days, is attributed to negative news from the sphere of crypto-currencies.
Two major news came from Asia, where last week one of South Korea's leading crypto-currency exchanges, Bithumb, was hacked. As a result of the hacking, about $ 30 million was stolen.
Read more - Hackers cracked Bithumb - the sixth-largest crypto exchange
In addition, towards the end of the week, the Japanese regulator sent a warning to the country's 6 largest crypto-exchange exchanges, which ordered immediate improvement of business processes related to procedures for customer verification and combating money laundering.
Details - Japanese regulator sent a warning to six of the country's largest crypto currency exchanges
Naturally negative news could not but affect the prices of the main crypto-currencies.
Bitcoin (BTC) fell below $ 6,000, and is currently trading at around $ 5,900, a 24-hour drop of approximately 4%.
Ethereum (ETH) fell to 443 US dollars, for the day the drop was 6%.
Of the top ten crypto-currencies, EOS suffered the most, dropping overnight was almost 14%.
Recently, the EOS network, despite the recent launch of the main network, there are many strange events. Block manufacturers froze 7 accounts because of suspicion of phishing, without agreement with anyone. And recently, EOS Core Arbitration Forum ordered the termination of the service of 27 other accounts without any explanation.
EOS is also one of the most popular crypto currency on the hacked Bithumb stock exchange, which, after hacking, fell from the tenth to eleventh place in the rating of the currency exchange by the volume of trading.
Of the top 100 crypto-currencies, almost all demonstrate negative dynamics.
The total market capitalization of the market currently stands at about 240 billion US dollars.
This week there were positive news. For example, Mt. Gox will no longer sell out bitcoins.
And Bithumb said that it fully compensates losses to all its affected customers.