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Bitcoin Dive Sharp As Ripple (XRP) and Ethereum Lose Ground – That's why




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Bitcoinwhich has been trapped in a bear market throughout 2018it suddenly fell overnight, dragging down other important digital tokens, including Ripple's XRP and ethereum.

Bitcoin's price has lost about 4% of its value in the last 24 hours, with bitcoin declining by around $ 150 in minutes and bringing it to just over $ 3.600 per currency, based on the prices of the Bitstamp stock exchange based in Luxembourg .

The bitcoin market seems to have been frightened by the reports & nbsp; the Electrum cryptocurrency portfolio had nearly 250 bitcoins, worth almost $ 1 million, stolen-However, movements on the cryptocurrency market are notoriously difficult to explain. & Nbsp;

The price of bitcoin has been declining since the beginning of 2018 and seems destined to close the year away from the January highs.Getty

The attack on the bitcoin wallet, revealed by The developers of Electrum on GitHub yesterday, used phishing to trick users into providing password information through a fake version of the wallet.

People trying to access their wallets were asked to provide a two-factor authentication code, something not used by Electrum. The hackers then moved the balance of the wallet on another that they controlled.

The attack on wallet users began last Friday, December 21st, and seems to have stopped after the administrators of GitHub have acted, according to the developers of Electrum.

The bitcoin price took a sharp turn down last night.CoinDesk

The attack was detected by the user Reddit & nbsp; u / normal_rc, which published it "the hacker installed a group of malicious servers."

"If someone's Electrum wallet connected to one of these servers and tried to send a BTC (bitcoin) transaction, they would see an official message telling them to update their Electrum Portfolio, along with a URL of scam, "& Nbsp;u / normal_rc he wrote. & Nbsp;

Electrum then took on Twitter to alert users of the attack, asking them not to download Electrum from any other source and stating "there is an ongoing phishing attack against Electrum users."

Bitcoin exchanges and wallet attacks have previously been accused of sudden falls in the price of bitcoins, although the market often bounces off quickly if it is found that the damage is contained.

Bitcoin money, a fork of the bitcoin itself, brought the lower tokens.CoinMarketCap

As bitcoins fell on attack reports, ripples, a common name for the XRP digital token, and even the fallen ethere. The ripple has fallen by around 5% in the last 24 hours, while the ethereum is down by almost 6%.

Bitcoin money is the biggest loser during the trading period, with its prices down 10% and the bitcoin SV continues to suffer as a result of a civil war between developers and miners threatening to bring down the rival bitcoin.

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Bitcoinwhich has been trapped in a bear market throughout 2018it suddenly fell overnight, dragging down other important digital tokens, including Ripple's XRP and ethereum.

Bitcoin's price has lost about 4% of its value in the last 24 hours, with bitcoin declining by around $ 150 in minutes and bringing it to just over $ 3.600 per currency, based on the prices of the Bitstamp stock exchange based in Luxembourg .

The bitcoin market seems to have been frightened by reports that the Electrum cryptocurrency portfolio had nearly 250 bitcoins, worth almost $ 1 million, stolenHowever, movements on the cryptocurrency market are notoriously difficult to explain.

The price of bitcoin has registered a downward trend since the beginning of 2018 and seems destined to close the year away from the highs of January.Getty

The attack on the bitcoin wallet, revealed by Electrum developers on GitHub yesterday used phishing to trick users into providing password information through a fake version of the wallet.

People trying to access their wallets were asked to provide a two-factor authentication code, something not used by Electrum. The hackers then moved the balance of the wallet on another that they controlled.

The attack on wallet users began last Friday, December 21st, and seems to have stopped after the administrators of GitHub have acted, according to the developers of Electrum.

The bitcoin price took a sharp turn down last night.CoinDesk

The attack was detected by the user of Reddit u / normal_rc, which stated that "the hacker installed an entire group of malicious servers".

"If someone's Electrum wallet connected to one of those servers and tried to send a BTC (bitcoin) transaction, they saw a message from the official aspect that told them to update their Electrum Portfolio, along with a scam URL " u / normal_rc wrote.

Electrum then took on Twitter to alert users of the attack, asking them not to download Electrum from any other source and stating "there is an ongoing phishing attack against Electrum users".

Bitcoin exchanges and wallet attacks have previously been accused of sudden falls in the price of bitcoins, although the market often bounces off quickly if it is found that the damage is contained.

Bitcoin money, a fork of the bitcoin itself, brought the lower tokens.CoinMarketCap

As bitcoins fell on attack reports, ripples, a common name for the XRP digital token, and even the fallen ethere. The ripple has fallen by around 5% in the last 24 hours, while the ethereum is down by almost 6%.

Bitcoin money is the biggest loser during the trading period, with its prices down 10% and the bitcoin SV continues to suffer as a result of a civil war between developers and miners threatening to bring down the rival bitcoin.


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