Tag Archives: Plummets

Major Exchange Faces System Overload as Bitcoin (BTC) Plummets After Yesterday’s Surge

At the time of writing, Bitcoin is trading down nearly 6% at its current price of $3,825. Yesterday, BTC’s price exploded to highs of $4,200 before running out of buying pressure and plummeting to its current price levels. Continue reading Major Exchange Faces System Overload as Bitcoin (BTC) Plummets After Yesterday’s Surge

NANO (XRB) Plummets after $170 Million Stolen on BitGrail

It was announced yesterday that BitGrail, the Italian cryptocurrency exchange, lost 17 million of the cryptocurrency NANO (XRB). To date, the hack is worth over $170 million USD. A week ago, RaiBlocks rebranded to Nano and jumped in price nearly 40% in 24 just hours.The rebranding was highly anticipated by most in the project’s community but not all were certain it would be the best move. Non-the-less, it seemed to have been a positive move until now. Nano provides fast, easy and free transactions on its blockchain. These transactions can be done on an app or your desktop computer, making it extremely convenient to use.

Reference: https://cryptocurrencynews.com/daily-news/nano-xrb-stolen-bitgrail/