Bitfinex hack could shake faith in bitcoin

Bitfinex hack could shake faith in bitcoin - CNBC  #bitcoin #fintech #btc #crypto

  • Bitfinex hack could shake faith in bitcoin
  • Bitcoin prices have plunged on the news, going as low as $514 per bitcoin.
  • The hack also illustrates one of the main problems with investing in bitcoin; issues with security.
  • Key functions, such as trading and withdrawing bitcoins, are still disabled.
  • In all, 119,756 bitcoins were reportedly stolen, worth $72.3 million at the price when Bitfinex suspended trade.

Read the full article, click here.


@betbybitcoins: “Bitfinex hack could shake faith in bitcoin – CNBC #bitcoin #fintech #btc #crypto”


The hack and cybertheft of nearly 120,000 bitcoins from the exchange platform Bitfinex could scare away future investors, experts warn.


Bitfinex hack could shake faith in bitcoin