Post
Topic
Board Bitcoin Discussion
Re: do you hear about the recent hack?
by
r32godzilla
on 26/06/2018, 18:12:34 UTC
hy mate,

do you hear about the recent in  bitom exchange and coinrade exchange, so do you see why keeping money on exchange is very hard because once it is hacked they made away with your token or money.


so please what do you have to say about, because I m sure that is why the price of bitcoin and Ethereum goes down drastically this way.

There is no "bitom" or "coinrade" exchange, learn some basic how to write names correctly. There is hack of two south Korean exchanges Coinrail and Bithumb, all funds will be restored to users. Nothing to say about hacking exchanges, this is happening constantly and coins should not be keep online - last two hacks are not cause of recent price drop, it is in total 70 million $ damage in billions $ market.


Yes its Bithumb,a big Korean exchange which has been hacked.Such news of exchanges getting hacked seems to get normal nowadays which was once seen as a big news when Mt.Gox got hacked.That's why keeping our coins in exchanges is not advised.