Blockchain security firm CipherTrace recently reported that $731 million worth of cryptocurrencies were stolen from crypto exchanges during the first half of 2018. Last year, crypto exchanges recorded around $266 million in losses from security breache…
Hani, a mainstream media outlet in South Korea, has reported on Sunday that Bitkoex, a small crypto exchange in the country, absurdly released $650,000 worth of user data in a group chat. Issues With Small Crypto Exchanges Upon the hacking attack of Co…
Authorities have admitted that the South Korean government had postponed the regulation of the cryptocurrency sector because it feared consumers will acknowledge it as the government legitimizing the cryptocurrency market. Government is Aware Regulatio…
When the bitcoin price fell more than $1,000 and the cryptocurrency market cap shed more than $40 billion on “Bloody Sunday,” many media commentators attributed the decline to a security breach at a small cryptocurrency exchange in South Korea. However…
The cryptocurrency market has recorded a decline of over $25 billion overnight, after an abrupt bitcoin sell-off was recorded on June 10. Analysts have attributed the recent correction to a variety of factors but the market seems to have dropped due to…
South Korean cryptocurrency exchange Coinrail said it was the victim of a hack on Sunday, with reported losses of about 40 billion won ($37.2 million) in cryptocurrency. In a blog post on Monday, Coinrail confirmed it had suspended its services followi…