South Korean Exchange’s Coinrail was smashed and bitcoin fell

Coinrail

Coinrail stated in a statement on the website that he had been invaded and that some of the digital currency had been stolen, but did not further explain the actual amount. Coinrail said that it has cooperated with the investigation and cooperated with other exchanges in hopes of recovering stolen money.

Although the digital currency is protected by encryption, the problem is that the currency itself is only represented by a string of numbers. If the data is stolen, it will have nothing. Bitcoin tumbled 52% this year so far. Ethereum and Ripple also fell about 10%.

Coinmarketcap.com statistics show that Coinrail has traded more than 50 digital currencies with a daily turnover of approximately US$2.65 million, ranking 98th in the world.Bitcoin reached a maximum of US$20,000 on December 17 last year and is currently reporting US$7,200.

source: www.moneydj.com

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