Post
Topic
Board Altcoin Discussion
Re: Effects of hacked Japanese exchange on market
by
jjdub7
on 31/01/2018, 22:53:55 UTC
Today there was another dip in prices of a major part of cryptocurrencies. And around the same time a big Japanese exchange was hacked and 400 million dollars worth of NEM stolen. It's obvious this caused the dip in NEMs price, -9,50%, but did the same hack cause the dip of the entire cryptomarket? Within 6 hours the entire marketcap lost 50 billion dollars, it has to do something with the hack right?

I think only XEM take the hit from the hack alone.

The market is losing value last days because crypto's are attacked from all sides - fake news, fud, FB ICO ads ban, etc.