Investing.com - Cryptocurrency rates declined on Monday with no particular factor for this decline. The US government returned the stolen Bitcoins in one of the rare cases of the investigated hacking of a cryptocurrency exchange.
Judging by the Investing.com index, by 17:10 Moscow time, the bitcoin rate dropped by 8% to $ 3,800.50. Bitcoin lost all the positions he won last week in a couple of minutes. For another asset class, this situation could mean abandoning the position of a major seller.
In general, cryptocurrencies have fallen in price: at the time of this writing, the total capitalization of the cryptocurrency market was $ 129 billion, compared with the value of $ 142 billion, which was recorded on Sunday.
The Ethereum rate fell by 17% to $ 137.51, XRP fell by 10% to $ 0.3008, and Litecoin fell by 16% to $ 44.7.
As reported by Reuters, the US authorities returned 27.7 bitcoins that were stolen from the Bitfinex cryptocurrency exchange in August 2016. In general, as a result of the hacking of this exchange, about 120 thousand bitcoins were stolen, which currently cost $ 72 million.
Bitfinex handbook said that the returned bitcoins will be transferred to cash and distributed in equal shares among the 5,000 customers who suffered as a result of the hacking.
Hacking the Bitfinex exchange was one of the largest cryptocurrencies in history, along with Mt. Gox in 2014 and Coincheck in 2017. This hacking has heightened investor concerns about the security of cryptocurrency exchanges.
According to the security company CipherTrace, in 2018, $ 950 million worth of cryptocurrencies were stolen.
On Wednesday, the South Korean stock exchange Coinbin, which owns a hacked platform Youbit, declared its bankruptcy. As reported by Business Korea, the company decided to announce its bankruptcy after one of its managers squandered a large amount of money from the exchange. This news came after reports of bankrupt Canadian QuadrigaCX, which failed to recover passwords for access to cryptocurrency wallets after the death of the company's general director in December.
The Central Bank of Bahrain will be the first in the Arab world to enforce the rules for regulating digital assets. According to Bloomberg, Bahrain strives to become one of the leading centers for the provision of financial services in the Middle East and North Africa.
Judging by the Investing.com index, by 17:10 Moscow time, the bitcoin rate dropped by 8% to $ 3,800.50. Bitcoin lost all the positions he won last week in a couple of minutes. For another asset class, this situation could mean abandoning the position of a major seller.
In general, cryptocurrencies have fallen in price: at the time of this writing, the total capitalization of the cryptocurrency market was $ 129 billion, compared with the value of $ 142 billion, which was recorded on Sunday.
The Ethereum rate fell by 17% to $ 137.51, XRP fell by 10% to $ 0.3008, and Litecoin fell by 16% to $ 44.7.
As reported by Reuters, the US authorities returned 27.7 bitcoins that were stolen from the Bitfinex cryptocurrency exchange in August 2016. In general, as a result of the hacking of this exchange, about 120 thousand bitcoins were stolen, which currently cost $ 72 million.
Bitfinex handbook said that the returned bitcoins will be transferred to cash and distributed in equal shares among the 5,000 customers who suffered as a result of the hacking.
Hacking the Bitfinex exchange was one of the largest cryptocurrencies in history, along with Mt. Gox in 2014 and Coincheck in 2017. This hacking has heightened investor concerns about the security of cryptocurrency exchanges.
According to the security company CipherTrace, in 2018, $ 950 million worth of cryptocurrencies were stolen.
On Wednesday, the South Korean stock exchange Coinbin, which owns a hacked platform Youbit, declared its bankruptcy. As reported by Business Korea, the company decided to announce its bankruptcy after one of its managers squandered a large amount of money from the exchange. This news came after reports of bankrupt Canadian QuadrigaCX, which failed to recover passwords for access to cryptocurrency wallets after the death of the company's general director in December.
The Central Bank of Bahrain will be the first in the Arab world to enforce the rules for regulating digital assets. According to Bloomberg, Bahrain strives to become one of the leading centers for the provision of financial services in the Middle East and North Africa.
