Bitcoin Tumbles Most in Two Weeks Amid South Korea Hack

Bitcoin Continues To See Unprecedented Growth

The police said it would figure out whether the leakage of the cryptocurrencies are caused by hacking or computer network problems.

And cryptocurrency reporter Joseph Young contrasted the viewpoints of an office worker on Monday eager for Friday to arrive with a crypto trader going through the price headwinds.

Bitcoin dropped more than 10 per cent over the weekend, fa1lling below $6,700, according to research site CoinDesk.

Other major cryptocurrencies including ethereum and ripple also tumbled, with about $45 billion wiped off the total crypto-market value in the last 24 hours, according to CoinMarketCap. That widens Bitcoin's losses for the year to 53 percent.

Guardiola hits back at Toure's racism jibes
And when you consider his 316 appearances, scoring 79 goals, you'd think he will be going down as as a true City legend. The Ivorian lasted two years at Barcelona under Guardiola's managerial tutelage during his Camp Nou reign.

Korea Internet & Security Agency, now carrying out the investigation with police, said only four of the country's largest exchanges are subject to the Information Security Management System certification (ISMS) requirement. "The company wasn't immediately available for further comments". Coinrail's statement said officials took the exchange offline and moved the remainder of its assets to cold storage as officials review the security system and work with law enforcement to investigate what happened. A newly launched Pundi X (NPXS) makes up almost two-thirds of the exchanges trading volume, and they announced it was one of the coins "spilled". "For the rest, we are looking into it with an investigative agency, related exchanges and coin developers".

As CCN reported, the little-known Coinrail became the latest cryptocurrency exchange to fall prey to hackers, who are said to have made off with approximately $40 million worth of tokens, a fairly pedestrian figure relative to some of the hacks seen over the years.

Matthew Newton, analyst at eToro, said: "The hack in South Korea may have fired the starting gun on yesterday's price drop".

Cryptocurrencies plunged in Asia on Monday (Jun 11) after a hack on a South Korean exchange sparked fresh concerns about the safety of the digital units.

Related News:

  • IHUH? 12 brands burn IHOP over name change

    IHUH? 12 brands burn IHOP over name change

    The "B" in question , of course, was that at the end of world renowned pancake emporium IHOP's announced new moniker, IHOB . The new IHOB Twitter account even retweeted photos and video of a construction crew putting up the new sign in Los Angeles.
    Trump's Chief Economic Adviser Says Justin Trudeau

    Trump's Chief Economic Adviser Says Justin Trudeau "Stabbed Us in the Back"

    Trump's decision to withdraw his support for the communiqué has drawn sharp criticism from Germany on Sunday . After leaving the G7 summit, Trump said the USA was also exploring new tariffs for automobile imports.
    Samsung announces midrange Galaxy J3 & J7 (2018)

    Samsung announces midrange Galaxy J3 & J7 (2018)

    Apple continues to dominate the global best-selling smartphone models occupying five spots in the list, said the report. For consumers who want more-more display, a better camera , and an even more powerful battery-the Galaxy J7 delivers.
  • First Pacific hurricane of 2018 explodes to Category 4

    First Pacific hurricane of 2018 explodes to Category 4

    Infrared satellite imagery now shows that Aletta continues to lose organization and has become less symmetric. People who get caught in a rip current are advised to swim parallel to shore until free of its influence.
    New Verizon CEO: 8 Things to Know About Hans Vestberg

    New Verizon CEO: 8 Things to Know About Hans Vestberg

    His appointment comes as Verizon and other wireless carriers are racing to develop a 5G network that would deliver faster speeds. Verizon has vowed to be the first to 5G, but has only talked about its plans to roll it out as a broadband replacement service .
    Woods to stay on yacht during US Open

    Woods to stay on yacht during US Open

    He bought Privacy in 2004 when he married then-wife Elin Nordegren and they spent their wedding night and honeymoon on board. Woods' yacht is docked at the exclusive Montauk Yacht Club, about an hour away from Shinnecock in Southampton.
  • US Air Force officer missing for 35 years found living in California

    The interview was held with "Barry O'Beirne", but it didn't take long for officials to realize the man's true identity. That would be "totally out of character for the Bill we knew", she said .

    "Harry Potter", Glenda Jackson, Andrew Garfield win top Tony Awards

    Getting buzz from appearing on the telecast can dictate a show's future, both on Broadway and on tour. She said she was happy to be in a production that "celebrates diversity and individuality".
    Fleetwood Mac Guitarist Danny Kirwan Dies Aged 68

    Fleetwood Mac Guitarist Danny Kirwan Dies Aged 68

    Kirwan, who was also a songwriter, was sacked in 1972 according to the Rock & Roll Hall of Fame's website. Kirwan released four solo albums in the 1970s but was plagued by bouts of mental illness and homelessness.
  • Melania Trump `had big operation and can´t fly for a…

    Melania Trump `had big operation and can´t fly for a…

    Trump recently resumed a public schedule after a lengthy absence following surgery last month to treat a kidney condition. And the more the president and First Lady's office talk about the procedure , the murkier our understanding becomes.
    Trump floats possibility of pardoning Muhammad Ali

    Trump floats possibility of pardoning Muhammad Ali

    He called pardoning power "a attractive thing", and may be considering as many as 3,000 pardons, Fox News reports. "There is no conviction from which a pardon is needed", Tweel said in a statement sent to United States media.
    Origin Access Premier subscription tier announced

    Origin Access Premier subscription tier announced

    EA didn't provide any specifics on how much the service will cost, and only mentioned that it will be launching later this summer. But, Origin Access Premier takes it to a new level by offering all those same titles plus access to EA's newest releases.


Most liked

Assassin’s Creed Odyssey Trailer Reveals New Details on Game
You'll be able to go through this odyssey as either a male protagonist named Alexios or a female protagonist named Kassandra. Expect Last of Us 2, Spider-Man and of course more from Hideo Kojima's perplexing Death Stranding.

Browbeaten? On Twitter, Justin Trudeau's 'Fake Eyebrows' Trumps US Tirade
President of the European Council Donald Tusk said that "There is a special place in heaven for Justin Trudeau ". She also said the European Union would "act" against the USA trade measures.

Robbie Williams to perform at World Cup opening ceremony
Indian Football Team ranking to remain the same?What's the story? France were the last World Cup hosts to win the trophy in 1998. It also holds the record of the best overall performance in World Cup , with a record of 70 victories in 104 matches played.

China's Xi touts Putin ties as United States tensions bring them closer
I can reiterate that in our last telephone conversation he expressed his concern about the threat of a new round of the arms race. Xi said he will work along with Putin to usher in even brighter future to the relations between the two countries.

Bethesda teases The Elder Scrolls VI
During Bethesda's E3 press conference, director Matt Firor took the stage to reveal two upcoming expansions. There will, however, also be combat which will work entirely on the mobile touch screen.

Battletoads Returning in 2019 With New Game
"We will join Master Chief on his greatest adventure yet to save humanity", said Xbox chief Phil Spencer after the trailer aired. CD Projekt Red's long-awaited sci-fi role-playing game got a brand new cinematic trailer at Microsoft's E3 press conference.

White House economic advisor says Justin Trudeau ‘stabbed us in the back’
Trump's trade adviser Peter Navarro also lashed out on Sunday at Trudeau's statements , saying they represent "bad faith". Trump "did the courtesy to Justin Trudeau to travel up to Quebec for that summit".

President Trump arrives in Singapore for historic summit
USA and North Korean officials are set to meet Monday morning in Singapore to make final preparations for Tuesday's meeting. March 8: South Korean envoys meet Mr Trump in Washington and deliver an invitation from Mr Kim to meet; Mr Trump accepts.

Trudeau 'stabbed us in back' on trade, says Trump chief economic adviser
In response, the European Union is preparing new tariffs set to hit United States exports ranging from jeans to bourbon whiskey. A few hours earlier, Trudeau had told reporters that all seven leaders had come together to sign the joint declaration.

Victor of $315.3M Powerball jackpot comes forward in New Jersey
The bottle of orange juice cost $5 at ShopRite, but Tayeb Souami's wife had found the same brand on sale for $2.50 elsewhere. Souami told reporters that he was "very emotional" after walking into the press conference with a wide smile on his face.

Tyson Fury is Back, Stops Seferi in Pure Mismatch
Fury is next scheduled to fight at Windsor Park in Belfast on August 18, while a fight with Tony Bellew was mooted before the end of the year.

Kevin Durant Has Perfect Message For Those Who Think He Ruined NBA
LeBron had 29 points and 13 assists in Game 2 and had a triple double in Game 3 with 33 points, 10 rebounds and 11 assists. I mean, we all know that", Lue said. "But after a game like that, I'm not in any position to talk about that".

Anthony Bourdain's body stuck in France
One user replied: "You were the first person who came to mind hearing the news". "Everything I love about food". Mr Obama wrote: "He taught us about food - but more importantly, about its ability to bring us together.

NY Governor Asks for Federal Probe of Detained Pizza Man
Another person close to the case, who asked not to be identified, added, "I have no idea what the governor is talking about". In March 2010, he was granted voluntary departure by an immigration judge, but failed to depart by July 2010 as ordered.

Canadian Grand Prix - Strategy guide
Ferrari's Sebastian Vettel has won the Canadian Grand Prix after leading the race from the pole to the checkered flag . When he brought his Ferrari out for qualifying a day later, his problems - and the rest of the field - were behind him.