Crypto mania rages with bankruptcy, stock halt - Business News - News Summed Up

Crypto mania rages with bankruptcy, stock halt - Business News


The San Francisco-based company said it’s investigating a price increase in bitcoin cash that occurred before the announcement. Last week it issued stock to accredited investors at $7, a 97 percent discount to the prior day’s closing price. Rally ResumedJust when there looked to be a limit to the mania, LongFin Corp. captured the attention of the masses. Belly-Up ExchangeSouth Korean coin exchange Youbit became a casualty of hackers, saying it will close and enter bankruptcy after a cyberattack. The exchange is a unit of Cboe Global Markets, which became the first to offer futures trading on bitcoin 10 days ago.


Source: The Star December 20, 2017 10:07 UTC



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