A number of cryptocurrencies have fallen in price recently, as Japanese exchange Coincheck reported a decline in revenue during the third quarter.
Recall that in January of this year, Coincheck suffered a hacker attack. The attackers stole a multitude of digital assets in the amount of $520 million. As a result, the volume of crypto exchange revenue did not exceed 315 million yen ($2.8 million). This is 66% lower than in the second quarter of 2018 when revenue reached $8.4 million.
After it was hacked, the Coincheck exchange was checked by the regulatory authorities, leading to a block on accepting new customers. In April of this year, Monex Group acquired a crypto exchange.
Experts drew attention to the general decline in the value of most virtual currencies: Bitcoin fell 2.00% to $6,362.30, Ethereum decreased 1.74% to $200.76, Litecoin was at $49.150, down 6.29%, while Ripple slumped 3.17% to $0.44567. The total capitalization of the market of virtual currencies amounted to $205 billion, compared to $209 billion on Friday.
