Bitcoin’s Price Plunges After Hackers Stole Nearly $65 Million From Bitfinex
August 4, 2016
Bitcoin’s price fell sharply by about six percent Wednesday after the digital currency exchange Bitfinex announced a serious security breach resulting in the theft of nearly $65 million worth of bitcoin.
The Hong Kong-based exchange said Tuesday it was halting all trading, withdrawals and deposits till the breach is fixed. The exchange released a statement saying investigations were underway to determine how the breach happened and how many users were affected by it.