1. Home
  2. TRENDS
  3. &
  4. HAPPENINGS
  5. Bitcoin suffers dramatic price plunge in Asia on Youbit hacking scare

Bitcoin suffers dramatic price plunge in Asia on Youbit hacking scare

Bitcoin suffers dramatic price plunge in Asia on Youbit hacking scare
56
0

Bitcoin prices plunged about 15 per cent in Asian trade on Wednesday before recouping some of the losses as investors apparently took fright at news that a South Korean exchange had been hacked. The unit, which hit a record $19,500 at the start of the week, took a hit as it emerged that South Korean exchange Youbit had been hacked, leading the firm to say it will close and start bankruptcy proceedings, according to Bloomberg News.

Read the full story on https://timesofindia.indiatimes.com/business/international-business/bitcoin-suffers-dramatic-price-plunge-in-asia-on-youbit-hacking-scare/articleshow/62152503.cms

SOURCE: Times of India

(56)

tags:

LEAVE YOUR COMMENT

*AD SPACE*

Enquiries at EnterpriseTV.my@gmail.com