2018-8-24 22:28 |
Two fraudsters from Serbia deceived the bitcoin seller from South Korea and paid him for bitcoins wirh counterfeit euro notes, drawn in Photoshop. The damage amounted to ˆ2 million.
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At the time, the popular South Korean cryptocurrency exchange tentatively announced a “cyber intrusion” that saw the loss of $40 million worth of cryptocurrencies. If that wasn’t enough, on June 20, Bithumb – South Korea’s largest by trade volume – also announced a major security breach in which $31 million was reported to be lost. No strangers to
2018-6-27 00:48 | |
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Despite the recent hack on Bithumb, in which over $30 million worth of cryptocurrencies was culminated by the hackers, Brian Kelly and Charlie Lee remain ‘bullish’ on Bitcoin. This week, the South Korean exchange, one of the largest cryptocurrency exchanges, Bithumb was hacked which led to the theft of $31 million virtual currency’s.
2018-6-24 22:30 | |
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As the week comes to a close, let us reflect on and digest all the news — most of which was negative, that happened in the cryptocurrency arena affecting Bitcoin price. Oh Look, Another Exchange Hack Tuesday evening, popular South Korean cryptocurrency exchange Bithumb reported a system breach that resulted in approximately $31 million worth of cryptocurrencies being stolen.
2018-6-24 23:00 | |
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Exchange hacks are becoming the new normal. Just two weeks after Conrail’s $37. 2 million hack, it was time for Bithumb’s $31 million hack, with the difference being that Bithumb is the world’s sixth largest cryptocurrency exchange based on CoinMarketCap data, far larger than Coinrail.
2018-6-24 23:00 | |
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This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.
2018-6-24 20:05 | |
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The Ministry of Science and ICT of South Korea announced its blockchain technology development strategy on June 21. The government aims to provide 230 billion won (~$207 million) for boosting development of distributed ledger technology in the country.
2018-6-23 14:38 | |
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Despite recent exchange hacks, the blockchain industry continues to thrive in countries worldwide. On June 21, 2018, the South Korean government announced intent to invest over $200 million into blockchain initiatives by 2022.
2018-6-23 15:00 | |
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Yesterday, we saw news of another hack of the South Korean cryptocurrency exchange, Bithumb, the hack, resulted in the theft of over $30 Million. Just over a week ago, we also saw a similar scale hack take hold of (another South Korean cryptocurrency exchange) Coinrail, this time, we saw theft in excess of $40 Million.
2018-6-22 13:30 | |
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The South Korean government will invest 10 billion Korean won (or $9 million) to support blockchain development in the country, with plans to carry out six pilots using blockchain technology. According to a report from CoinDesk Korea, the country’s Ministry of Science and ICT published a blockchain development strategy on Thursday. The agency said the government plans to
2018-6-22 11:53 | |
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A South Korean government agency has announced a plan to boost blockchain adoption in the country.
2018-6-22 09:03 | |
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Both Brian Kelly and Charlie Lee remain bullish on Bitcoin despite the recent hack of Bithumb, which resulted in the theft of over $31 million worth of cryptocurrencies. Brian Kelly: Things are Different for Bitcoin This Time Around Earlier this week, South Korean exchange Bithumb – currently the eight largest cryptocurrency exchange by means of trading volumes – was hacked, resulting in the theft of more than $31 million worth of cryptocurrencies.
2018-6-22 09:00 | |
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One of the busiest virtual coin exchanges in the world, Bithumb, was hacked on Tuesday 19th June and coins worth over $30 million were stolen. All activities on the platform have been temporarily suspended, and there is no news of service renewal yet.
2018-6-22 00:46 | |
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South Korea’s Ministry of Science and ICT has announced a new Blockchain Technology Development Strategy, The News Asia reports. The strategy will include a 230 billion Won (~207 million USD) investment by the Korean government into developing blockchain technology.
2018-6-23 00:26 | |
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According to the Ministry’s official announcement, the new initiative will foster 10,000 blockchain industry professionals and 100 companies, and will expand and commercialize six existing blockchain pilots with the Ministry’s backing.
2018-6-21 20:51 | |
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South Korea’s largest cryptocurrency exchange, Bithumb, has confirmed that it indeed lost 35 billion won ($ 31.4 million) in this week’s high-profile hack — which it will repay to users in full. Bithumb: Amount Lost Could ‘Decrease’ In an update posted on June 21, the Bithumb said it was beginning “recovery” processes and that the total
2018-6-21 18:35 | |
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Furthermore, bitcoin refused to embrace the negative narrative on Wednesday after the $31 million hack of South Korea’s Bithumb exchange, indicating that the sellers are likely running dry. Despite all this, though, the cryptocurrency has struggled to find acceptance above $6,800 in the last 72 hours, as seen in the chart below. A drop below $6,550 would
2018-6-21 18:27 | |
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Bitcoin rose to a six-day high of $6,580 on Monday on Bitfinex, adding credence to indications that the cryptocurrency could be in for a relief rally. Furthermore, bitcoin refused to embrace the negative narrative on Wednesday after the $31 million hack of South Korea’s Bithumb exchange, indicating that the sellers are likely running dry. Despite all this,
2018-6-21 16:19 | |
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South Korea’s largest cryptocurrency exchange, Bithumb, has confirmed that it indeed lost 35 billion won ($31. 4 million) in this week’s high-profile hack — which it will repay to users in full.
2018-6-21 15:00 | |
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South Korean cryptocurrency exchange Bithumb confirmed that hackers manages to steal $30 million in cryptocurrencies and promised to compensate all losses to investors.
2018-6-21 13:50 | |
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*All deposit and withdrawal service will be stopped to make sure the security. We will keep notice you of the restart of the service. We apologize for your inconvenience and thanks for your understanding.
2018-6-21 13:30 | |
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Hackers have reportedly made away with cryptocurrencies worth $30 million from Bithumb, South Korea’s leading exchange, according to reports from a blog update. The exchange states that due to the hack, deposits and withdrawals will be temporarily suspended until further notice.
2018-6-21 23:02 | |
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South Korean cryptocurrency exchange, Bithumb lost over $30 million earlier today. The exchange has confirmed about the theft earlier this morning. It is believed to be a case of a cryptocurrency hack.
2018-6-20 21:28 | |
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Hackers have reportedly made away with cryptocurrencies worth $30 million from Bithumb, South Korea's leading exchange, according to reports from a blog update. The exchange states that due to the hack, deposits and withdrawals will be temporarily suspended until further notice.
2018-6-20 20:25 | |
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The South Korean Ministry of Science and Technology (MIC) has set up a probe into the theft of $30 million from the world’s sixth largest cryptocurrency exchange Bithumb, Yonhap News reports Wednesday, June 20.
2018-6-20 18:25 | |
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On Wednesday, roughly 35 billion Korean won (around $31 million) in cryptocurrency was stolen by hackers from the South Korea-based exchange Bithumb. According to a follow-up report from CoinDesk Korea, Bithumb conducted a security enhancement checkup on June 16, just days before the confirmed hack.
2018-6-20 15:34 | |
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$30 million worth of undisclosed cryptocurrencies has been stolen from Bithumb, one of the largest crypto exchanges in South Korea by trading volume. As it was officially announced the Seoul-based crypto exchange Bithumb had become a victim of a hack and had lost $30 million worth of undisclosed cryptocurrencies. Currently, Bithumb is considered to be
2018-6-20 13:47 | |
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Bithumb, one of the largest cryptocurrency exchanges in South Korea by trading volume, is halting deposit and withdrawal services after hackers stole 35 billion won ($31 million) from the platform. The company said in an announcement today that the hack happened between late Tuesday night and early Wednesday morning local time. Although Bithumb has yet to
2018-6-20 13:29 | |
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The South Korean crypto market is scrambling to retain its normalcy after hackers attacked and made away with about $30 million worth of crypto coins from Bithumb. Bithumb is a South Korean cryptocurrency exchange, the 2nd largest in the country and 6th largest in the world.
2018-6-20 12:18 | |
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The world’s sixth largest cryptocurrency exchange based out of South Korea, Bithumb has announced on 19th of June that their platform has been hacked and cryptocurrencies to the tune of $ 30 million have been stolen.
2018-6-20 11:54 | |
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News Bithumb, South Korea’s largest crypto exchange announced on its website that between Tuesday evening and Wednesday morning, Korean time, 35 billion won (about 31. 5 million USD) worth of cryptocurrencies vanished.
2018-6-20 10:31 | |
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Bithumb, South Korea’s largest crypto exchange announced on its website that between Tuesday evening and Wednesday morning, Korean time, 35 billion won (about 31. 5 million USD) worth of cryptocurrencies vanished.
2018-6-20 09:20 | |
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Hackers have stolen cryptocurrencies worth $30 million from South Korea’s leading virtual currency exchange Bithumb, Cointelegraph Japan reported June 19. According to CoinMarketCap, Bithumb’s 24-hour trade volume at press time is over $374 million, the world’s sixth largest.
2018-6-20 08:48 | |
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Popular South Korean cryptocurrency exchange Bithumb has suspended all deposits and withdrawals following a hack resulting in the theft of more than $31 million worth of cryptocurrencies. This marks the second Korean exchange hack in as many weeks.
2018-6-20 07:30 | |
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Bithumb, one of the largest cryptocurrency exchange in South Korea by trading volume, is halting asset deposit and withdrawal services after a hack that has stolen 35 billion won (or $31 million) worth of cryptos from the platform.
2018-6-20 07:02 | |
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Bithumb, one of the largest crypto exchanges in South Korea by trading volume, confirmed a hack of $31 million worth of cryptos on its platform today.
2018-6-20 05:01 | |
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Bithumb, one of the largest crypto exchanges in South Korea by trading volume, confirmed a hack of $31 million worth of cryptos on its platform today.
2018-6-20 05:01 | |
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We are back again with our weekly refresh of all things crypto. The crypto refresh is designed to bring you a weeks’ worth of cryptocurrency news in a bitesize format. We appreciate that you might not always have time to trawl through the headlines so therefore, each weekend we summarise the best bits for you.
2018-6-18 23:05 | |
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It’s been a turbulent time for the cryptocurrency markets, so now is a good time to reflect on how and why we got here in the first place. First, an op ed makes the ideological case for Bitcoin.
2018-6-16 04:35 | |
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The recent announcement that Bittrex will allow investors to buy digital coins with the U. S. dollar is the latest in a string of crypto trading trends to move West from Asia.
2018-6-15 17:38 | |
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In the latest update to the largest South Korean crypto stealing scandal valued at $37.28 million, media has unearthed evidence that banks had detected suspicious behavior at local exchanges. South Korea major trading center In terms of volume and number of exchanges, South Korean, is by far one of the largest trading centers of cryptocurrency […] The post South Korean banks suspected Coinrail transactions months before in Feb appeared first on ZyCrypto.
2018-6-14 16:25 | |
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South Korean cryptocurrency exchange Coinrail reported a hack on its website during the early morning hours of June 10, 2018. The thieves allegedly made off with over $ 40 million worth of altcoins and assorted tokens.
2018-6-12 01:40 | |
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South Korean cryptocurrency exchange Coinrail reported a hack on its website during the early morning hours of June 10, 2018. The thieves allegedly made off with over $40 million worth of altcoins and assorted tokens.
2018-6-12 23:18 | |
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The markets are down this morning in the wake of an alleged $40 Million hack of South Korean cryptocurrency exchange, Coinrail. Given current political activities within Singapore (the summit involving both the US President and the Leader of North Korea) we did expect the markets to be a little shaky this morning, the current view however is far worse than we expected.
2018-6-11 12:00 | |
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Bitcoin price plunge over the weekend is generally being linked to another cryptocurrency exchange hack in South Korea. This time it was a smaller exchange called Coinrail that was breached by blackhats who made off with over $40 million in altcoins which may have caused the massive sell-off on Sunday leaving a trail of red.
2018-6-11 09:12 | |
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WLFI, backed by Trump, faced losses as Ethereum’s price slumped, but long-term confidence remained strong Ethereum has 21 days to avoid a historic four-month losing streak and restore market The post Ethereum falls below $2k - Can ETH avoid a fourth straight month of losses? appeared first on AMBCrypto.
MOVE has a bearish structure on the 4-hour chart despite the recent bounce from the lows. The liquidation heatmap underlined the $0.55 level as a key resistance zone. Movement [MOVE] has bouThe post MOVE price hikes 7% in 24 hours, 33% up from weekly lows - What next? appeared first on AMBCrypto.
Ethereum faces bearish pressure as liquidations and ETF outflows surge, key support at $2,000 becomes crucial. ETH needs to break above $2,250 to regain bullish momentum, while a drop belowThe post Ethereum must hold $2,000 support or risk dropping to $1,850 - Here's why appeared first on AMBCrypto.
SEC Chair Mark Uyeda seeks to drop a 2022 rule that would classify some crypto firms as ATSs. Critics argued the expanded definition of "exchange" unfairly applied to decentralized blockchain sThe post SEC rethinks controversial crypto rule – Here’s what you need to know appeared first on AMBCrypto.
VIRTUAL entered a consolidation phase following a sharp decline. Most investors (over 66%) were out of the money at press time. Virtual Protocol's [VIRTUAL] market movements have remained hiThe post VIRTUAL enters consolidation phase: Assessing recovery potential appeared first on AMBCrypto.
South Korean presidential candidate Han Dong-hoon advocated crypto deregulation and Bitcoin ETF approvals. Asia strengthens crypto adoption, with Hong Kong expanding regulations and JapThe post South Korean presidential candidate Han pushes for Bitcoin ETF & crypto deregulation appeared first on AMBCrypto.
Sonic traders can use a price bounce to sell, instead of trying to long any potential bounces. A trend reversal was unlikely at press time- S would need to climb past $0. 622 for this shift.