Low bitcoin. Coincheck announces a decline in profits

The cryptocurrencies have fallen on Monday, as the Japanese stock exchange Coincheck has announced a decline in profits during the third quarter.

The platform suffered a cyber-attack of 520 million dollars, which has caused losses in the sector, according to the company on Monday.

The parent company of the platform, Monex Group, has registered profits of 315 million yen, representing a decrease of 66% compared to 8.4 million in the second quarter.

"Since the suspension of service in January 2018, Coincheck is only allowing customers to sell their cryptocurrencies," the company said in a financial report.

Coincheck was hacked in January, which led to inspections on the ground by regulators and an obstacle to the acceptance of new customers. Monex Group acquired the platform in April.

The bitcoin has been placed at USD 6,362.30, leaving a 2.00% at 13:34 hours (CET) on the Bitfinex stock exchange.

Cryptocurrencies have generally declined, and the total market capitalization amounts to USD 205 billion at the time of drafting these lines, compared to USD 209 billion on Friday.

The ethereum or ether stood at $ 200.76, down 1.74% on the Bitfinex stock market and litecoin reached the $ 49,150 level, with a retracement of 6.29% while the XRP dropped by 3, 17% up to $ 0.44567.

As for other news, the Canadian platform MapleChange admitted on Twitter on Twitter that it has been hacked. The stock market had just undergone an update of its version. It is a Know Your Customer site that has made some investors worry about privacy.

Although the company is smaller than its competitors, cyber attacks remain one of the biggest problems facing the digital currency sector.

The Bosa is a niche market that operates with a series of alternative currencies not available in other major markets, with 62 currencies. They have stated that although some refunds will be made, the bitcoins and litecoins will not be refunded.