The Vintage adult movies watch full movies and downloadprices of Bitcoin, Ethereum, and all other major cryptocurrencies have experienced big drops in the last 24 hours, following the news that South Korean cryptocurrency exchange Coinrail has been hacked.
In a statement on its website Monday, Coinrail said that hackers stole up to 30% of the coins from its storage.
SEE ALSO: This bitcoin explainer created by AI is hilariously insaneAccording to Coinrail, the hackers struck on June 10 and made away with a number of different cryptocoins, including the recently launched Pundi X (NPXS), which makes roughly two thirds of Coinrail's trading volume. Korea's Yonhap estimated that a total of 40 billion won ($37.2 million) of coins went missing.
Coinrail is a fairly small exchange with roughly $2.5 million in daily volume according to CoinMarketCap. "(Coinrail) is a minor player in the market and I can see how such small exchanges with lower standards on security level can be exposed to more risks," Reuters quoted Kim Jin-Hwa, a representative at Korea Blockchain Industry Association, as saying. Coinrail said it is cooperating with the police investigating the hack and said it will release an announcement with more details as soon as possible.
The cryptocurrency markets tumbled sharply following the news, with Bitcoin dropping from $7,240 to $6,752 in less than two hours, with the current price being $6,794. The second largest cryptocurrency by market cap, Ethereum, dropped from $570 to $511 before recovering slightly to $533.
Other major cryptocurrencies experienced a similar drop. EOS, the fifth largest currency by market cap, had it worst of all: It plummeted 15% in the last 24 hours, and is currently trading at $11.2. EOS's price drop is notable as this cryptocurrency is currently in the process of launching its main blockchain network (also known as mainnet) after having raised a reported $4 billion in a year-long initial coin offering (ICO), dwarfing all similar crowdfunding efforts.
The Coinrail theft is the fourth major cryptocurrency exchange hack this year. In January, $400 million worth of cryptocurrency was stolen from Japanese exchange Coincheck, and in February, $200 million worth of cryptocurrency went missing from Italian cryptocurrency exchange Bitgrail. In April, cryptocurrency exchange Coinsecure said some $3.3 million worth of Bitcoin were stolen from its wallet.
The total market cap of all cryptocurrencies has descended below $300 billion for the first time since early April; it currently stands at $297 billion.
Disclosure: The author of this text owns, or has recently owned, a number of cryptocurrencies, including BTC and ETH.
Topics Bitcoin Cybersecurity Cryptocurrency
The High School Literature ZodiacWhat We’re Loving: Great Teachers, Great Books, Giant Wigs by The Paris ReviewHappy Belated by Sadie SteinLet the Memory Live Again, and Other News by Sadie SteinMy First Book(s) by David L. UlinWhat We Talk About When We Talk About IllAn American in Paris by Sadie SteinJeeves, Redux, and Other News by Sadie SteinWell, This Is Depressing, and Other News by Sadie SteinC. S. Lewis Reviews The HobbitAnd the Pantone Color of the Year Is… by Sadie SteinThe Great Columbia Book Slide of 1934 by Sadie SteinDoris Lessing, 1919–2013 by Sadie SteinHappy Belated by Sadie SteinThe Mail Room by Sam SweetUnderthings, and Other News by Sadie SteinA Downright Incantation by Sadie SteinBorrowed Time by Michele FilgateOn Sylvia Plath’s “Nick and the Candlestick”Let the Memory Live Again, and Other News by Sadie Stein 2018 Golden Globe nominations: See full list Twitter makes tweetstorms and long threads an official part of its app Men are way too mad about that 'New Yorker' short story Apple to acquire popular music app Shazam Santa on 'SNL' has some thoughts about Roy Moore Billie Lourd pays tribute to Carrie Fisher at 'Last Jedi' premiere Ethereum's price surpasses $700 in another astonishing crypto 'The Last Jedi' first reactions from premiere Apple is now shipping iPhone X orders in two to four business days Tinder tests a new feed feature to move 'beyond the swipe' Kumail Nanjiani shares story about 'Star Wars: The Last Jedi' director Football is killing itself, and inaction will let it die Why the Facebook Poke has no place in 2017Facebook poke Netflix's "A Christmas Prince" tweet is actually really dark 'The Last Jedi' spoiler You can finally stream 4K videos on Xbox One consoles Internet pioneers call on Congress to save net neutrality 9 smartphone innovations from Qualcomm's Snapdragon 845 chip Facebook responds to criticism of network 'destroying how society works' Louis Tomlinson fans abuse radio host on Twitter after facial hair joke
2.3308s , 10133.6875 kb
Copyright © 2025 Powered by 【Vintage adult movies watch full movies and download】,Charm Information Network