Post
Topic
Board Press
Re: [2015-11-05] Biggest Bitcoin Exchange OKCoin Suffers Cyber Attack; Price Plummet
by
OROBTC
on 06/11/2015, 19:09:04 UTC
Biggest Bitcoin Exchange OKCoin Suffers Cyber Attack; Price Plummets

The world’s largest bitcoin exchange OKCoin has suspended some of its services indefinitely, following a malicious cyber attack from unknown hackers.

Due to an increasing number of complaints on bitcoin forums and panels including Bitcointalk.org and Bitcoin Reddit, OKCoin, which processes almost 40% of all bitcoin trades, announced to its users:

http://cointelegraph.com/news/115562/biggest-bitcoin-exchange-okcoin-suffers-cyber-attack-price-plummets


still early days.



If there is a causality between OKCoin's problems and the current plunge in BTC price, then that would suggest that recent reports of China being the BIGGEST PLAYER in Bitcoinistan are true.

And it could be true!  I have seen nothing that would tell me that US HODLers of BTC have been dumping them (although I recently spent some on gold).