Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BCNEX | The Ultimate Blockchain Trading Platform
by
tperkara
on 28/11/2019, 06:51:36 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.
might close the exchange if that happens hopefully the team has a more sophisticated system and they can provide security for its users because bcex has begun to get to know the community