More than $10.5B worth of BTC, $3.8B worth of ETH and $2.9B worth of XRP were exchanged in the BTC/USD market.
This is maybe because of few things that happened in few days which caused fear in Investors of losing their investment.
Some individuals have been left with their empty wallets due to malicious websites that provide users with a wallet seed generator. Recently, many users reported having their funds (an estimated $4 million) in their IOTA wallets stolen from an unknown source.
South Korean Exchange Korbit Stops Serving International Citizens
Bitconnect Shuts Down Its Exchange and Lending Platform. The company has widely been accused of operating a Ponzi scheme and was recently rocked by cease and desist notices in two US states.
Yesterday, in an interview recorded at New Yorks National Retail Federation conference, Alfred Kelly, Visa's CEO, was pressed for his thoughts on Bitcoin and said:
I dont view it [Bitcoin] as payment system player. We at Visa wont process transactions that are cryptocurrency-based. We will only process fiat currency-based transactions.
An unidentified thief has reportedly stolen more than $400,000 in Stellar lumens after hacking the digital wallet provider BlackWallet. According to cybersecurity researcher Kevin Beaumont, the attacker hijacked BlackWallets domain name system (DNS) server over the weekend, adding a piece of code which transferred any deposits of 20 or more lumens into another wallet.