Bitcoin sold off sharply on news that a Canadian cryptocurrency exchange was hacked this week. There were reports circulating around that over 900 bitcoins were stolen from Maplechange. According to a twitter post the Maplechange claims that it actually lost only 8 BTC.
Now let’s check out some other crypto news. Cryptocurrency exchange Bitstamp was acquired by NXMH, a Belgium-based investment company. It is owned by NXC, which also owns South Korean cryptocurrency exchange Korbit. Bitstamp and Korbit will continue to operate independently.
Please remember this is news, not investment advice.