Bitcoin theft Reports are emerging from Hong Kong that local bitcoin exchange MyCoin has shut its doors, taking with it possibly as much as HK$3bn ($386.9m) in investor funds.
If true, the supposed losses are a staggering amount, although this estimate is based on the company’s own earlier claims that it served 3,000 clients who had invested HK$1m ($12,890) each.
For perspective, bitcoin’s entire market cap today stands at around USD$3bn.The issue came to light on […]
