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Hackers hit South Korean cryptocurrency exchange Bithumb, bitcoin falls

“Bithumb trades more than 37 different virtual coins, according to” writes Cynthia Kim for Mun Chong-hyun, chief analyst at ESTsecurity, said digital coins would continue to be juicy targets for hackers around the world. “No security measures or regulations can 100 percent guarantee safety of virtual coins.On June 11, another South Korean cryptocurrency exchange Coinrail said it was hacked.Global policymakers have warned investors to be cautious in trading the digital currency given the lack of broad regulatory oversight.In January, South Korea banned the use of anonymous bank accounts for virtual coin trading to stop cryptocurrencies being used in money laundering and other crimes.

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