Bitcoin: panic returns after a new hacking attack

in #bitcoin7 years ago (edited)

New selloff during the weekend for the cryptocurrency market, which between yesterday and today burned over 10 billion capitalization, returning to its last April lows.

Bitcoin falls

After having fluctuated for several days since the beginning of June in a very tight trading range between 7,300 and 7,800 dollars, the price of the main digital currency (BTC) collapsed yesterday in a few hours up to 6,647.33 dollars and after a slight recovery is photographed at 13:30 on Monday to $ 6,781: so the substantial losses already recorded in May, when the prices had fallen from almost 10 thousand and little more than 7000 dollars, and the -55% -55% increase year to date.

Meanwhile, the total capitalization of cryptocurrencies is now back at the lows of 12 April at 298 billion dollars, down 64% from the record of 825 billion, which was achieved at the beginning of January. They record losses of between 10% and 20% in the last 24 hours all 20 major coins: Ethereum -6.51% at 531.46 dollars, Ripple -6.74% at 0.5804 dollars, Bitcoin Cash -9, 30% to 932.24 dollars, Eos -15.45% to 11.16 dollars.

Cryptocurrencies: panic after the Coinrail case

The panic was unleashed over the weekend by the news of a hacker attack suffered a relatively small South Korean exchange, Coinrail.

The leaders of the platform have announced on Twitter that they have suffered a computer theft that mainly concerned some cryptocurrencies little known as Pundi X, explaining that 70% of cryptocurrencies that it holds are kept safe in the so-called "cold" wallets, not connected that is to the internet and therefore less vulnerable.

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