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BTC Spikes In Last 24 Hours- Following News of Zaif Hack

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Thu, 09/20/2018 - 08:38
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Yuri Molchan
After the Japanese Zaif exchange reported its hack of around $59 mln in crypto, BTC went to the turbulence zone. Some of the stolen funds belonged to the exchange
BTC Spikes In Last 24 Hours- Following News of Zaif Hack
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After the Japanese Zaif exchange had reported its hack and loss of around $59 mln in crypto, Bitcoin went into the turbulence zone.

As a reminder, hot wallets of Zaif users were hacked and were stolen Bitcoins, Bitcoin Cash and MonoCoin. Some of the stolen funds belonged to the exchange itself.

Over the last 24 hours, Bitcoin soared to the critical level of $6,554. However, it later showed a slight correction. The biggest market cap coin is now trading at $6,400. The current Bitcoin rate can be checked here.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.