Re: do you hear about the recent hack?

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.

yes, I read this news. According to the media report worlds sixth largest crypto exchange Bithumb has hacked, and it loses $30 Million. As well earlier this month, hackers stole around $37 million from South Korean crypto exchange Coinrail.

the power of hackers so this is what we can say also that this currency are not to be safe cause this is transact online and we cant trust online cause this is hackable by any one.