Future Society

Bitcoin value has fallen during last weeks

5 February 2018 | Written by La redazione

Bitcoin and its brethren have taken a beating over the past seven days. While no one knows exactly why that is—and don’t believe anyone who claims otherwise—two particularly troublesome events certainly haven’t helped. On January 26 hackers swiped more than half a billion dollars’ worth of cryptocurrency tokens from the Japanese exchange Coincheck. Then on January 30, it came to light that U.S. financial regulators had subpoenaed Bitfinex, one of the world’s most popular exchanges, and Tether, a cryptocurrency company that claims its tokens are pegged to the U.S. dollar.

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