Bitcoin’s origins as an alternative to the 2008 global financial crisis and large-scale bank bailouts are drawing attention again, an analysis said. Bitcoin Magazine reviewed how monetary expansion policies during the crisis exposed limits of the existing currency system and helped spur Bitcoin’s emergence. It highlighted claims that such policies dilute purchasing power and act like an indirect tax. The report pointed to the genesis block message citing a Times headline on a second bank bailout.

South Korea\'s KOSPI fell nearly 10 percent on Tuesday to the 8,200 level, triggering successive sell-side sidecars on the KOSPI and Kosdaq and a first-stage circuit breaker in the main board market. Individuals were net buyers, while foreigners and institutions sold heavily. Big semiconductor shares led losses, with SK Hynix and Samsung Electronics down more than 12 percent. The won weakened slightly against the dollar.