Good Day #Steemians,
So Japan is seeking to Clean Up their Cryptocurrency Market After the Major $530 Million Coincheck Heist. Now that is a Major Event. Holly SH**T - $530 million in Crypto Coins Stolen through a place called "CoinCheck". Where was the #Security when this was happening and who were the people who were able to #Hack into this system and steal all this money? Can the people who were robbed have any chance of getting any of their money back? Let's find out.
The Financial Regulator in Japan has vowed to inspect all cryptocurrency exchanges that were made through this system and ordered Coincheck to get its SH**T together after hackers were able to steal $530 million worth of Digital Currency from its exchange in one of the most MASSIVE digital heist on record in the world today.
The hacking and heist of this system point out the vulnerabilities that can happen in trading a decentralized asset that world global policymakers are having major problems try to regulate and the even wider growing risks for Japan as it intends to try to leverage the "Fintech Industry" to help stimulate the economic growth they are excited about.
"Financial technology (FinTech or fintech) is a New form of #Technology and #Innovation that is aiming to compete with what we know as today the #Traditional #Financial Method in delivering Financial Services".
Just to let you know, with everything we do to improve "Our Way of "Life, there will always be a risk but, "As Cryptocurrency is growing stronger every day, we need to see what the future holds as far as security goes for these digital funds. Unlike with a Bank where your money is protected somewhat. Cryptocurrency is not as far as getting a refund on your investment if it ever gets stolen by a "#Hacker" in the "#CyberSpace World". Watch this video below to help you learn more:
I am also going to try to find some more videos for #"Beginners" to help them make educated decisions when they decide to invest in #Cryptocurrency.
For now, I will just share a video I find very interesting as to why everyone should find #Value in Cryptocurrency and why learning more about it and making an investment in this new form of Money should be looked at and not put on the #Backburner by any means. I hope you enjoyed this post and I look forward to bringing you more soon.
**Vote @adsactly-witness for Steem witness!
Witness proposal is here: https://steemit.com/witness-category/@adsactly-witness/adsactly-steemit-witness-proposal
In the bottom of the page type: adsactly-witness and press vote.
Come and Join the @Adscatly Community on #Discord
Click the Link Below
https://discord.gg/EwGhEzb
Love, Jeronimo Rubio @adsactly
Quite scary to think about considering we're all pretty much crypto connoisseurs if we're using Steemit, I too am trying to learn ways to secure crypto etc... but when it's on an exchange, what can you do? besides constantly taking your crypto out and paying those ridiculous withdraw fee.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Absolutely Brother. Be safe out there.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit