As Bitfinex, the digital-currency exchange that suffered a hack this past week, struggles to reopen, a wider question is again being asked about bitcoin: Is it really a better mousetrap? Bitcoin has lost 12% of its value this week,... On Tuesday, cyberthieves stole about 200,000 bitcoins, valued at roughly $65 million, from Hong Kong-based Bitfinex’s digital vaults. It was one of the largest hacks in the currency’s history.

Source: Wall Street Journal August 05, 2016 18:34 UTC