Again a cryptocurrency exchanges got hacked some hours ago. This time, the 6th biggest cryptocurrency exchange, Bithumb, was the victim. $30 worth of cryptocurrencies (mainly XRP) got stolen. Bithumb is going to pay back all the losses of their users. But again, the flaws of the centralized exchanges as well as the Bitcoin network got exposed… We still have a lot of work to do before we are a safe and sustainable industry. Things will come.
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Hi Quentin
What''s up with Monthly Update #15 ?
See you soom 😉
Nice video!
Thanks for this video! It was an excellent lesson in business.What can you say about the new project? I wonder your opinion for me. Does this project have a future? ttps://token.nyigde.com/en/
Good video man! I try to keep everything a possible on cold storage, but what about some tokens like Substrutam, WABI for example? there are no cold storages for it. where do you keep it?
These exchanges need to do a better job. Coinbase/Gdax is able to function with 3% of their total assets online and 98% in cold storage. If GDAX is hacked most a hacker can get is 3% and that 3% has commercial criminal insurance greater than the value of digital currency they keep online. Bitmex has a similar security strategy although I'm not sure if they are insured against hacks.
We NEED decentralized exchanges guys
Decentralized Exchanges will get more popular. The point of crypto is to not be centralized.