Japanese exchange hacked
Bloomberg Article on bitpoint hack
Another hack has occurred. I wonder how many more times does this have to occurred before exchanges learn to store crypto outside of hot wallets? 32 million worth of crypto is a lot considering it has fallen in value from its all time highs reached in 2017.
I wonder how many of these hacks are legitimate and how many of these hacks are organized to cover hedged positions made by the exchanges.
I know what you mean. So much corruption can happen in this early stage of crypto.
Until people get smart and protect themselves, it is going to happen. Well heck, it happens in the world of fiat all the time. I just don’t like all the scams that are still blatantly advertising. I see them every day.