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Japan’s Bitpoint is the latest cryptocurrency exchange to be hit by a hack targeting its holdings; the exchange says around 3.5 billion yen ($32 million) of funds were stolen, with 2.5 billion yen of that belonging to customers.

Bitpoint cryptocurrency exchange loses $32 million in hack

Japan’s Bitpoint is the latest cryptocurrency exchange to be hit by a hack targeting its holdings; the exchange says around 3.5 billion yen ($32 million) of funds were stolen, with 2.5 billion yen of that belonging to customers.
bitcoin

China to ban bitcoin mining

China’s state planner wants to ban bitcoin mining in the country, according to a draft list of industrial activities the agency is seeking to stop in a sign of growing government pressure on the cryptocurrency sector.

Bitcoin value drops below $8,500

Bitcoin has had a disastrous week, falling below $8,500 today as investors remain spooked about the future of cryptocurrencies.

Bitcoin falls 7 percent on extended selloff

Bitcoin has skidded more than 11 percent on Wednesday, extending a precipitous downturn in fortunes, with investors spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year.

Bitcoin dips below $10,000

Other crypto-currencies including Ethereum, Ripple, Litecoin and Bitcoin Cash have also experienced steep falls over the past day.

Bitcoin plunges as investors suffer reality check

Bitcoin prices plunged by a quarter on Friday as investors cashed out just before Christmas after the wildly volatile currency’s stratospheric rise in recent weeks.

NDIC warns about risks of trading with Bitcoin, other digital currencies

The Nigeria Deposit Insurance Corporation (NDIC) has said Nigerians who use Bitcoins and other digital currencies as means of payment, commercial transaction and online investment do so at their own risk as such currencies are not insured by the corporation.

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