Quote from: Ranly123 on June 11, 2018, 02:18:15 AM

Quote from: finblockchain1 on June 10, 2018, 06:42:34 PM

A Korean crypto exchange Coinrail loses over $40M in tokens following a hack. Coinrail was hit by an apparent attack over the weekend.
source: https://techcrunch.com/2018/06/10/korean-crypto-exchange-coinrail-loses-over-40m-in-tokens-following-a-hack/

I don't know how an exchange affect the price of cryptocurrency or more specifically Bitcoin. When an exchange is hacked, it would not mean that price will drop. And I don't think reading articles like this would help us gain a legitimate information about what is happening in cryptocurrencies.

In past we have already faced such situation, which no bout affect the bitcoin price, but I think that the current decrease in bitcoin price is not because exchange has been hacked. I think that it is only because of the affect of ETF