After reaching some figures of vertigo at the end of last year, the price of Bitcoin continues to fall, and this time it is because of a major hack to a Korean exchange .
Coinrail, a Korean Exchange that has suffered hacking attack in which Hacker taken 42 million dollars in altcoins , a news that again harms the image of this market.
The value of cryptocurrencies drops after this hacking news On the exchange page they have published a statement in which they claim that certain cryptocurrencies were stolen by a group of hackers, but they do not give much more information.
Coinrail offers more than 50 cryptocurrencies and is one of the exchanges that appear in the Top 100 , according to data from Coinmarketcap.com before this Hacking place.
Because of this hacking, the value of Bitcoin fell to
$6,647 : its lowest value in the last two months and more than 50% drop compared to last year.
The value of Bitcoin has fallen by more than 50% compared to last year.
You can see the significant drop in the following chart of Coinmarketcap in which the value of the last two days is collected:
usually the case on this kind of occasions, the value of other cryptocurrencies also experienced a significant drop, Ethereum fell by 14%
(around $514) and LiteCoin lost 11% (over $104).
Nice input. Thanks for the upvote you gave me too. Im following now. Good stuff
Your welcome @johnbcheffin.
Cheers