Jamie McKane
MyBroadband Journalist
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Bitcoin plummets after South Korean exchange hack
A cryptocurrency exchange hack in South Korea jolted holders of digital assets, fueling a $46 billion selloff and extending this year’s Bitcoin slump to more than 50 percent.
The hack brought an abrupt end to two weeks of calm for the biggest virtual currency and reignited concerns about the security of lightly regulated crypto exchanges.
[Bloomberg]
A cryptocurrency exchange hack in South Korea jolted holders of digital assets, fueling a $46 billion selloff and extending this year’s Bitcoin slump to more than 50 percent.
The hack brought an abrupt end to two weeks of calm for the biggest virtual currency and reignited concerns about the security of lightly regulated crypto exchanges.
[Bloomberg]
