The digital currency dropped to as little as $5,785.43 by 16:00 UTC (12:00 p.m. EST), according to the CoinDesk Bitcoin Price Index (BPI). At this point, Bitcoin was down roughly 5.3% over the last 24 hours and was trading at its lowest since November 2017, additional BPI figures show. Bitcoin has been suffering a gradual, downward trend for the last several months, losing roughly more than two-thirds of its value since hitting an all-time ...
A Bitcoin mining company in Slovenia has been hacked for the possible theft of tens of millions of dollars, just days before the virtual currency, which hit a record above US$15,000 yesterday, is due to start trading on major US exchanges. NiceHash, a company that mines Bitcoins on behalf of customers, said it is investigating a security breach and will stop operating for 24 hours while it verifies how many bitcoins were taken. Research ...
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