Just want to say a couple things: 1) Nobody will ever insure a crypto coin exchange, thats throwing money away. 2) Coinex was repeatedly warned about their troll chat box and hackers ability to inject code through the chat box and access mysql database, but chose to ignore and continue 3) I've never seen such a bullshit operation such as coinex, people cry about Cryptsy, but Crypsty is always there, unhacked. Everytime I was on coinex, I'd see numerous people bitching about support issues not being resolved, deposits not coming through, transfers taking forever, coins stuck in limbo, etc... Yet people say Cryptsy is slow. Hey, at least that shit works and hasnt been hacked.
I seen one comment a while back in this thread, someone saying 'us adults'... you do realize coinex was run by a couple kids, right? It dont matter if you're adults, the people controlling your money barely have pubes on their nuts. Get a clue.
This has all been a hilarious scenario, all the posts, etc... Thanks for the entertainment! lol
I think there is a potential for an entity to insure an exchange. In fact, that may be the best way to do this as an insurer is going to make DAMN well sure that the security on any exchange it covers is as tight as possible.