Bitcoin and other cryptocurrencies plunged over the weekend after it was revealed that a South Korean exchange, Coinrail, was hacked. Roughly $42 billion of market value was destroyed in the sell-off, and Bitcoin has lost over 50 percent of its worth since December. The most popular cryptocurrency in the world, Bitcoin, hit a record high back in December of 2017, reaching $19,783.06 in American currency. Almost $500 million was stolen from a Japanese exchange called Coincheck back in January. Google and Facebook have both banned cryptocurrency ads on their platforms.”]
Source: https://gizmodo.com/bitcoin-price-plunges-after-hack-of-south-korean-exchan-1826723313