More than $650 million in cryptocurrency stolen from Japan’s Coincheck

Coincheck, a major Tokyo-based cryptocurrency exchange has lost more than $650 million in cryptocurrency after a hacking attack. This attack looks like it has been the largest hack attack in the history of cryptocurrency. On Friday Coincheck announced on its website that it was suspending withdrawals of cryptocurrency and has since reported the attack to…

Bitcoin, Ethereum Fall in Markets as South Korea Bans Cryptocurrencies

South Korea will ban all cryptocurrency trading in the country, sending virtual currencies plummeting in crypto markets. Justice Minister Park Sang-Ki made the announcement on Thursday, calling the currencies including bitcoin and ethereum a “concern”. “There are great concerns regarding virtual currencies and justice ministry is basically preparing a bill to ban cryptocurrency trading through…

Bitcoin hits all time high of over $23,000 dollars

Bitcoin has hit another all-time high of more than $AUD23,000 on Friday night, up 9 percent on the day. The cryptocurrency’s meteoric rises, up more than 1700 percent from the start of the year, have led to some experts warning that the bubble may burst soon. Andrew Bailey, head of the Financial Conduct Authority in…