South Korean exchange Coinrail says hit by hackers, bitcoin slides

FILE PHOTO: A small toy figure is seen on representations of the Bitcoin virtual currency in this illustration picture, December 26, 2017. REUTERS/Dado Ruvic/Illustration

SEOUL (Reuters) – South Korean cryptocurrency exchange Coinrail said it was hacked over the weekend, prompting an extended sell-off of bitcoin to a 2-month low amid growing concerns about security at small- to mid-sized virtual currency exchanges. In a statement on its website on Monday, Coinrail said its system was under “cyber intrusion,” causing a […]

Continue reading this article with a Fiji Times online membership.

More Stories