On Aug. 28, a user reported that his OKEx account was logged in by a German IP and participated in BTC-ETC trading. The hacker sold all the Bitcoins and canceled all the pending orders within one hour.
Such behavior has resulted in a loss of 200 Bitcoins, which worth more than five mln yuan (about 750,000 dollars).
If Blockchain is to thrive, it must be self-sufficient and resilient, state help legitimises state control.
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