Coinrail, a relatively small South Korean cryptocurrency exchange,
tweeted over the weekend that it was hacked, according to Google Translate.
Bitcoin fell more than 10 percent to a low of $6,647.33, its lowest since April 9,
according to CoinDesk's bitcoin price index.
The decline followed a report on Friday from The Wall Street
Journal that U.S. regulators are investigating potential
price manipulation at four major cryptocurrency exchanges.
Bitcoin tumbled more than 10 percent over the weekend to
its lowest in two months, after a relatively
small South Korean exchange said it was hacked.
Over the weekend, crypto exchange Coinrail
tweeted that it was hacked, and noted that lesser-known
cryptocurrencies such as Pundi X were among those affected,
according to Google Translate. The Pundi X-bitcoin
pair is the most-traded on Coinrail, CoinMarketCap data showed.
However, Coinrail's public statements did not mention bitcoin,
according to Google Translate.
Nevertheless, Bitcoin hit a low of $6,647.33 on Sunday,
its lowest since April 9, according to CoinDesk's bitcoin price index,
and coincided with a broader crypto sell-off.
The digital currency traded off those lows Monday afternoon, near $6,700.
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