$530 million stolen in from Coincheck another Bitcoin / Cryptocurrency blow

A Japanese exchange has lost 58 billion yen ($530 million) in cryptocurrency because of hacking, according to Japanese media reports. The Coincheck exchange said on its website Friday that it had halted sales and withdrawals of the currency, which is called NEM. It later added that it had restricted dealings in most other cryptocurrencies too. … Read more

Bitcoin drops below $12k as cryptocurrencies suffer from a South Korean ban.

Bitcoin and other cryptocurrencies have been facing some problematic weeks recently. In particular, South Korea’s Justice Minister revealed that the country is preparing a ban on cryptocurrencies amid fears that they are used to avoid taxes and for illegal activities. Though these plans have not been finalised the announcement has caused a massive ripple in … Read more