Bitcoin Sinks
World Economy

Bitcoin Sinks

Bitcoin plunged after one of the largest exchanges halted trading because hackers stole about $65 million of the digital currency, Bloomberg reported. Bitcoin slumped 5.5% against the dollar on Wednesday in Tokyo, bringing its two-day drop to 13%. Prices also sank 6.2% on Monday, although it was not clear if that initial move was related to the hack. Hong Kong-based exchange Bitfinex said Tuesday it halted trading, withdrawals and deposits after discovering the security breach. The exchange said it was still investigating details and cooperating with law enforcement, but acknowledged some bitcoins were stolen from its users.


Short URL : http://goo.gl/1Ussgi
  1. http://goo.gl/CKwsfe
  • http://goo.gl/DC69aF
  • http://goo.gl/Cp8aZC
  • http://goo.gl/N0IIzW
  • http://goo.gl/7zVPr1

You can also read ...

The OECD believes that tax evasions cost governments around the world as much as $240 billion a year in lost revenue.
They have revolutionized the way people live, but are US tech...
World GDP is expected to advance 3.5% in 2017—its best year since 2011—and 3.7% in 2018.
Nearly 10 years after the financial crisis brought the global...
Few Signs of Progress in NAFTA Talks
Negotiations in Mexico to update NAFTA have not made much...
Emmanuel Macron (L), French Labor Minister Muriel Penicaud (C) and Jean-Claude Juncker.
The EU is trying to present itself as more socially just,...
China to Help Shortfalls in Pension Funds
China on Saturday announced a pilot program to help pension...
Supporters of EU-Mercosur Free-Trade Pact Push for Deal
Supporters of a free trade pact between the EU and the...
Kuwait Needs $100b Over 5 Years to Cover Deficit
Kuwait will need $100 billion of additional financing over the...
Goldman Predicts Four Rate Hikes in US
The US economy is heading into 2018 with strong momentum that’...