Bitcoin’s (BTC) value slumped more than 10 percent over the weekend after a South Korean exchange said it was hacked, CNBC reports.

The exchange, Coinrail, tweeted over the weekend that it had been a victim of hackers and said lesser-known cryptocurrencies such as Pundi X were among those affected. The most-traded crypto pair on Coinrail is Pundi X-bitcoin, CNBC said, citing CoinMarketCap data. The exchange’s public statements did not mention bitcoin, however.

Bitcoin hit a low of $6,647.33 on Sunday, its lowest price since April 9. Other cryptocurrencies sold off over the weekend as well. Read more here.

ThirtyK Staff
If you would like to contact the ThirtyK News Brief team, please email us at contact@thirtyk.com.