bZx

Bitcoin News Summary – February 24, 2020

 Decentralized loan service, bZx, was hacked second time following a previous incident on Valentine’s Day, for a combined total of 3,581 ETH (currently worth nearly a million Dollars). The hacker took out loans then manipulated the price of the underlying cryptos in order to pay back less than they borrowed. Chinese crypto exchange, FCoin, published a statement in which they announced the shutdown of their exchange. They admitted to a lack of funds worth up to $130 million. FCoin blamed the loss on a combination of data and decision