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  1. #1 Billions in cryptocurrency wealth wiped out after hack 
    eeeevil Sith Admin SarasotaRepub's Avatar
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    by Daniel Shane @CNNMoneyInvest
    June 11, 2018: 6:42 AM ET


    A cyberheist at a little-known virtual currency exchange helped wipe billions of dollars off the value of bitcoin and other digital currencies.

    The price of bitcoin slumped more than 7% after South Korea's Coinrail announced that it had been targeted by cyberthieves. In a statement Monday, the exchange said that it had a suffered a security breach in which hackers stole about 30% of its virtual currencies.

    Coinrail said it had temporarily suspended trading in digital currencies and was fully cooperating with investigators to try to track down the missing funds. The exchange did not disclose the value of tokens stolen. The theft was of less well-known cryptocurrencies rather than bitcoin itself.

    South Korea has emerged as a hotbed for trading in virtual currencies over the last year. Coinrail is one of its less-well-known trading platforms.

    It was a nutty Sunday in Crypto world!!! But like Wall Street,
    bargains are there if you have the cash...


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    May the FORCE be with you!
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  2. #2  
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    That's the problem with anything "crypto": it's just 1's and 0's ultimately and can be wiped out.
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  3. #3  
    eeeevil Sith Admin SarasotaRepub's Avatar
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    Quote Originally Posted by Elspeth View Post
    That's the problem with anything "crypto": it's just 1's and 0's ultimately and can be wiped out.

    With much of it that is true. Not with Ripple/XRP.
    That's where my money is. It's a real company
    with real products.

    Ripple/XRP
    May the FORCE be with you!
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  4. #4  
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    Quote Originally Posted by SarasotaRepub View Post
    With much of it that is true. Not with Ripple/XRP.
    That's where my money is. It's a real company
    with real products.

    Ripple/XRP
    You know I'm living paycheck to paycheck, right?
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