Re: [2017-04-28] South Korean Bitcoin Exchange Suffers $5 Million Hack
How many online exchange wallet threads will it take before people wise up and start taking responsibility for keeping their own coins? I couldn't sleep at night if I had 25 BTC (example) sitting in ANY online exchange. You wake up and read about the ooooooops the coins are gone in the local papers. No thanks. It makes me nervous when my coins are passing through LBC for like 10 minutes while dealing with a client. Nothing personal against LBC but online is online!
Aren't they trading? They can do nothing about it. Now if you have an idea how to trade continuously while holding your coins in your own wallet then better spill it here. I agree, idle coins should be kept within our local/offline wallets, but active coins (used for trading) are needed to be on exchange or platform.
Seems Yapizon is looking at Bitfinex recovering/payment model when they issue their token. It is quite sad to read this kind of news.
i don't get it
why the hell in the heaven, customers need to 'pays' exchange fault?
whyyyyyyyyyyyyyyy
why the hell in the heaven, customers need to 'pays' exchange fault?
whyyyyyyyyyyyyyyy
It seems they need to borrow money from the users, since they have the authority, they made it compulsory. And in exchange the users will be given token that will make them earn profit from the sites earning.