Bitcoin falls most in three months after Korean exchange hacked
Bitcoin falls most in three months after Korean exchange hacked
Bitcoin tumbles most in two weeks amid South Korea hack
11 June, 2018, 15:28
There has been a sharp drop in the price of bitcoin and other virtual currencies after South Korean cryptocurrency exchange Coinrail was hacked over the weekend.
Bitcoin has once again demonstrated its volatility, dropping in value by 10 percent following news of an attack and theft from the South Korean exchange Coinrail.
Coinrail have since confirmed that they have been victim of an attack, which has seen around a 30% loss of coins traded on the exchange, this comes in at an estimated value just shy of $40 Million.
Although Coinrail didn't specify the value of the heist, a wallet address that has been linked to the alleged attacker appeared to have stolen more than $40 million worth of cryptocurrency, TechCrunch noted.
Coinrail's announcement Monday sent bitcoin prices tumbling to a two-month low.
"Two-thirds of stolen cryptocurrencies were withdrawn or frozen in partnership with related exchanges and coin companies". Another Korean cryptocurrency exchange Youbit lost bitcoins worth around 20 billion won previous year to cyberthieves twice, once in April and again in December.
Gears of War 5 Announced With E3 Reveal Trailer Kait will take the lead role in this one too, with JD Fenix and his grizzled old dad Marcus also returning to the fold. Gears of War 5 , and Gears Pop weren't the only Gears games announced at Microsoft's E3 2018 conference .
Meghan and Harry to visit Australia this year All four countries on the tour are members of the Commonwealth, the 53-nation grouping for which Harry is a youth ambassador. The Duke and Duchess of Sussex during the carriage procession along The Mall at Trooping The Colour .
Bitcoin is now trading at $6,752 - down from an all-time peak of almost $20,000 in the week before Christmas.
South Korea is one of the biggest markets for trading in digital currencies but the boom in their popularity has forced the government to tighten regulations, following similar moves in other countries. The rest of the coins were then moved to a safe "cold valet", which is disconnected from the internet.
Coins other than Pundi X seem to have been transferred to a wallet at another decentralized cryptocurrency exchange, Etherdelta.
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.
"We began the investigation immediately after receiving reports from the company".
It was clay-court tennis as usual at Roland Garros on Sunday, as the Spaniard won his 11th French Open singles title. For an instant, before it became clear that he could continue, the unthinkable seemed possible.
Cyberpunk 2077 received a lovely new trailer which, surprisingly, revealed more than what it seems like at first glance. CD Projekt Red , creator of The Witcher games, have shown the first trailer of new sci-fi RPG Cyberpunk 2077 .
What did you guys think? Kotaku reports that Fallout 76 is actually an online survival RPG in the same vein as Rust and DayZ . The thirty-six trophies clearly mirrors Fallout Shelter's Xbox One achievements, so it doesn't appear to be for a new game.
French President Emmanuel Macron said "international co-operation can not be dictated by fits of anger and throwaway remarks". Kudlow added that Trump was "not going to let a Canadian prime minister push him around" ahead of the North Korea summit.
Lane, who won for best featured actor in a play, said " Angels " still speaks to society in the midst of "political insanity". Rowling's best-selling novels about the boy wizard, won a total of six Tonys including best new play and best director.
The death of Bourdain by apparent suicide moved Wang to donate one day's profits to the suicide prevention hotline. He also was committed to the immigrant workers in his and other kitchens throughout the restaurant industry.
"Saving lives at sea is a duty, but transforming Italy into an enormous refugee camp is not", Salvini said on Facebook on Monday. The aid group said in a statement it had taken "good note" of Salvini's stance, as reported earlier by Italian media.
I only met her like once maybe twice. "If she did that, then that's out of character for her", one neighbor said. The children told authorities that Cheeks claimed there wasn't enough room for them to sit safely in a seat.
According to National Security Council spokesman Robert Palladino, President Trump intends to meet one on one with Kim. Whether such a deal can be done, Trump declared Saturday, is something he will know nearly from the moment they meet.
The National Institute of Mental Health estimates that more than 16 million Americans suffer from depression each year. Republican leaders have tried to overturn the ACA through legislative efforts but have come up short.
And then Trudeau starts blasting him in a domestic news conference? Kudlow suggested on "Face the Nation" that Mr. When asked if the president shares his views, Navarro said that the sentiment came from " Air Force One ".
Britain's richest man offers Abramovich £2bn for Chelsea
The 65-year-old, who grew up in a council house in Failsworth, Lancashire, was knighted in the Queen's Birthday Honours List. It means there's been speculation that Abramovich could up sticks after buying Chelsea for £140million in 2003.
Microsoft Announces Halo Infinite With Tiny Teaser
Microsoft kicked off its E3 2018 press conference with a small teaser for the next Halo , called Halo Infinite . Spencer said Microsoft is building a "game streaming network to unlock console-quality gaming on any device".
The Elder Scrolls 6: Trailer for Skyrim Sequel Revealed
In "Abyss", you must fight your way through enemies in both "hand-crafted" and procedurally-generated maps to collect treasure. Rebuilding the town unlocks new NPCs, quests, and decorations, and you can visit friends' towns as well.
New Jersey accountant wins $315 million Powerball jackpot
The married father of four chose to take the money in a lump sum, so he'll get slightly more than $183 million after taxes. He'll pay off his recently refinanced home, pay for his daughter's college tuition and pay off his own college loans.