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Bitcoin Tumbles Most In Two Weeks Amid South Korea Hack. South Korean cryptocurrency exchange Coinrail said it was hacked over the weekend sparking a steep fall in bitcoin amid renewed concerns about security at virtual currency exchanges as global policy makers struggled to regulate trading in the digital asset. Cryptocurrencies tumble after S. Bitcoin tumbles along with stocks amid coronavirus fears questioning safe haven theory. In a statement on its website on Monday Coinrail said its system was hit by cyber intrusion on Sunday causing a loss for about 30.
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Bitcoin tumbles along with stocks amid coronavirus fears questioning safe haven theory. The firm which trades more than 50 cryptocurrencies added that it had frozen all exposed coins – Fundus X Aston and Enper – and other units had been taken offline in a cold wallet. The heist at Coinrail a relatively small South Korean cryptocurrency exchange sent the price of bitcoin tumbling to two-month lows as it once again highlighted the security risks and the weak. In New York the biggest drop since March 14 according to data compiled by Bloomberg from Bitstamp pricing. In a statement on its website on Monday Coinrail said its system was hit by cyber intrusion on Sunday causing a loss for about 30. The news sent cryptocurrencies tumbling with bitcoin losing.
In a statement on its website on Monday Coinrail said its system was hit by cyber intrusion on Sunday causing a loss for about 30.
Amid economic carnage low interest rates. Main Street is beating Wall StreetIn a matter of weeks two. Read more on cryptocurrencies in South Korea here. Korea hack Bitcoin was among a number of cryptocurrencies that plunged in Asian trade following news of the hack on South Korean exchange Coinrail. Cryptocurrencies tumble after S. Coinrail trades more than 50 cryptocurrencies and was among the worlds Top 100 most active venues with a 24-hour volume of about 265.
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New York time on Friday and was trading at 676554 as of 249 pm. In a statement on its website on Monday Coinrail said its system was hit by cyber intrusion on Sunday causing a loss for about 30. Bitcoin tumbles along with stocks amid coronavirus fears questioning safe haven theory. The Coinrail incident in South Korea. Amid economic carnage low interest rates.
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