Article published at Global Crypto Press
January was another sad month for cryptocurrencies. The market value of all currencies tracked by Coin Market Cap declined by more than $10 billion as confidence in the industry continued to wane. Bitcoin, the biggest crypto in the world saw its market value drop to about $60 billion.
The biggest news last month was about security in the cryptocurrencies industry. A report by Chainalysis revealed that two groups were responsible for cryptocurrency theft worth more than $1 billion. Another report from Carbon Black said that cryptocurrencies worth more than $1.1 billion were stolen in 2018 alone.