Bitcoin reached new record: over $3800

First cryptocurrency continues it's rapid rise, now costs more than $3800 on the several exchanges
12 August 2017   1816

On Saturday, August 12, the price of Bitcoin updated a new historic high, surpassing a mark of $3800 on a number of exchanges.

Let's check the most popular exchanges.

  • Bitstamp $3758.98
  • Bitfinex $3754.3
  • Kraken $3819.46 
  • GDAX $3835.00 

Bitcoin rate at GDAXBitcoin rate at GDAX

According to Coinmarketcap, the average Bitcoin price is $3773.44 and the market cap is $62 271 570,944.

Bitcoin charts, last 7 daysBitcoin charts, last 7 days

Another interesting fact - each of top 10 cryptocurrencies have a market over $1 billion.

Top 10 cryptocurrencies
Top 10 cryptocurrencies

Yesterday, Bitcoin beat a $3500 barrier. How long this rapid rise will last? Time will show.

Japan to Tighten Regulation Due to Zaif Hack

$ 62 000 000 worth cryptocurrency was stolen from the Zaif exchange few weeks ago
25 September 2018   83

Hacking of Zaif exchange is the reason for toughening control over the market by the financial regulator of Japan, Reuters reports.

The first measure taken was administrative sanctions against the exchange and its operator Tech Bureau Corp. The Financial Services Agency (FSA) has expanded the list of requirements for the latter, pointing out the need to identify preventive measures and search for the organizers of the theft.

Shortly before that, researchers of the Japanese financial company Tech Bureau Corp could not provide details of the theft of $ 62 million from the Zaif crypto exchange at the request of the FSA. The Osaka-based operator had to investigate the causes, consequences of the theft and options for compensating the victims. According to the Agency, the financial company could not cope with the task.

According to the Tech Bureau, the exchange was hacked on September 14 within a few hours. The problem with the server was discovered by the site staff on 17 September. Official confirmation of the incident and notification of the authorities was made only a day later.

Recall, the theft of $ 60 million from the Japanese stock exchange Zaif caused a surge of volatility of bitcoin. For a short time the price was able to overcome the distance of $ 400.