Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BCNEX | The Ultimate Blockchain Trading Platform
by
oleganpetro
on 27/11/2019, 17:56:05 UTC
Do you have insurance for traders funds? For example Upbit (popular korean exchange) was hacked today and there were stolen 50 mln $ worth of ETH...

https://www.theblockcrypto.com/post/48578/south-korean-crypto-exchange-upbit-gets-hacked-loses-nearly-50m-worth-of-ether
For such a young exchange like BCNEX, such a big theft would mean complete collapse. It seems strange to me that exchanges store such huge amounts in hot wallets, knowing about the threat of hacking.