Article 3S1RS Bitcoin price plunges after cryptocurrency exchange is hacked

Bitcoin price plunges after cryptocurrency exchange is hacked

by
Julia Kollewe
from Technology | The Guardian on (#3S1RS)

Security fears rise as South Korea's Coinrail loses about 28m of virtual currency

There has been a sharp drop in the price of bitcoin and other virtual currencies after South Korean cryptocurrency exchange Coinrail was hacked over the weekend.

A tweet from Coinrail confirming the cyber-attack sent the price of bitcoin tumbling 10% on Sunday to two-month lows.

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