Post
Topic
Board Bitcoin Discussion
Re: -what are the best Bitcoin wallets?
by
mk4
on 24/01/2021, 16:19:08 UTC
I recall that. They did compensate everyone who lost their assets tho which was nice

Yes, and it's because only a small number of accounts have been compromised. Though they seem to be taking security seriously, and though the chances of their cold wallets getting hacked is highly unlikely, it's still non-zero. If their cold wallet does get hacked, then they wouldn't be able to compensate anything.