Bitcoin tanks after Hong Kong exchange breach

HONG KONG (AFP) – A major Hong Kong-based Bitcoin exchange has suspended trading after $65 million in the virtual unit was reportedly stolen by hackers — sending the digital currency plunging more than 20 percent.

Bitfinex said it had suspended all transactions after discovering that some users’ Bitcoins had been taken.

“Today we discovered a security breach that requires us to halt all trading on Bitfinex, as well as halt all digital token deposits to and withdrawals from Bitfinex,” the company said in a statement posted on its website late Tuesday.