Digital currency Bitcoin hits new high before losing S$200 in value in one day

[yeokiwi]

Till date, Bitcoin is unhackable with current computing technology but it is still vulnerable to stealing. And since there is no one regulating the transactions, the loss will be permanent unlike credit card loss or fraudulent bank transfer that are likely to be reversible.

So, if you are using your own bitcoin wallet, please be extra careful
Using a third party bitcoin storage service will just transfer the risk of loss to the company. So, use a reputable company.