With Bitcoin falling to low levels for seven months, cryptic money is falling on Friday.
Bitcoin is trading at 6.358.7 dollars, which is the low level of 7 months with a loss of 6.07%.
While crypto-currency declined in general, the digital currency capacity at a total market capitalization of 288 billion Dollars on Thursday fell to 269 billion Dollars while writing this news.
Ethereum declined by 10.20% to 486.43 dollars, while Ripple, the third-largest foreign exchange, lost 6,87 points to settle at $ 0.50402. Litecoin traded at $ 96.73, down 8.86%.
Among the concerns about alternative scales being unscalable and insecure and accusations of price manipulation, digital currencies have been crawling over the past few weeks in an effort to gain ground.
35 billion South Korean won'u ($ 31.5 million) worth of artificially hacked South Korean stock market Bithumb insurance company seems to be unable to pay.
Bithumb, the stock market that spent the most money on insurance between $ 5.4 million and other stock exchanges in South Korea.
News agency Yonhap reported that the hacked amount is a "property damage" that is not covered by insurance.
While the biggest threat to digital currencies continues to be security, this is only the last of many hacking incidents.
Two weeks ago, Coinrail lost about $ 37.2 million in digital money. In January, the Japanese crypto money exchange Coincheck lost more money to hackers than $ 500 million.
On the other hand, the Korean Bank (BOK) is against the idea that digital money is under the protection of the central bank. Because it can disrupt the stability of the markets as it puts the bank in a moral hazard.
"It may be desirable that the BOK is the sole legal entity that has full control of the money withdrawal," the central bank said in a statement. As the populations of digital money increase, central banks are also struggling to find out how to remove their crypt money, and how to respond.
