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| Advice From Crypto Fund Manager Up 25000% Bitcoin had recently been in the news because ~$450M worth had recently been stolen from a cryptocurrency exchange called Mt. Gox (abbreviated Magic: The Gathering online eXchange). At the time, Bitcoin was little known outside of its status as the de facto currency for illicit online transactions.
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| Bitcoin drops more than 12% as top cryptocurrency marketplace starts supporting rival bitcoin cash Coinbase said Tuesday that customers can now buy and sell bitcoin cash; Coinbase is the leading platform for buying and selling bitcoin in the United States; Bitcoin cash split off from the original bitcoin on Aug. 1 after a group of developers decided to try to improve bitcoin transaction speeds and costs.
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| Cryptocurrency firm Youbit to shut down after hack Cryptocurrency dealer Youbit is now a casualty of hackers. The South Korean exchange will close and enter bankruptcy proceedings after it was hit by a cyberattack about 4:35 a.m. local time Tuesday, its owner, Yapian, said in a statement. About 17 percent of total assets were lost. The heist follows an ...
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| Cryptocurrency mania rages with bankruptcy, stock suspension, ETF plan The wave of cryptocurrency news turned into a tsunami Tuesday. Before traders broke for lunch in New York, a Korean crypto exchange went bust after getting hacked; a stock unheard of 24 hours earlier surged even after its CEO gave a rambling defense of its business; US regulators halted a coin ...
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