CMC: Of the first 100 them 98 in red!
$ 17 billion deleted from the crypt valued market in 24 hours
EOS recorded the biggest loss among the major digital assets, showing a loss of over 10 percent overnight.
Ethereum, Bitcoin Cash, Litecoin, Stellar and Cardano fell behind EOS, and they are dropped just over 7 percent.
The war continues.
Recent chronology
Before Bithumb hack,
The crypto-currency market has shown an optimistic momentum,
( you need add 6 000 on to gif )
because Bitcoin is has recovered from $ 6,300 to $ 6,700.
But then a small (but always expected) disaster:
The most frequently used digital asset trading platform in South Korea has been attacked.
This has led to damages of approximately $ 30,000,000, and as always do - panics.
Reflections are always negative after the attack.
Everybody who is otherwise suspicious for crypto, then becomes even more suspicious.
My Have some thoughts and questions
#### Perhaps all the crypto exchanges should come to an agreement in the case of hacking attacks. Why?
I wonder what would happen in the event of a major attack on a stock market if the hacker managed to "download" for example $ 1 billion,
and that the attacked stock market can not compensate the players on the stock market.
How would this fact affect the total business of all crypto exchanges?
I mean on solidarity fund in such cases because of
- hacked stock exchanges
- maintaining trust
Because so and other crypto exchanges in the future will be protected.
But and the entire crypto community.
This would send a message to the current and future investors in the crypto: "Your coins are safe in the event of an attack!"
from what I've read the majority of users affected by hacks from an exchange are usually reimbursed. Users affected by the mt-gox hack recently received notice of reimbursement. I agree there should be a regulated protocol for dealing with hacks, but keep in mind crypto is still very new and legislation are being implemented as we speak. I;m not sure regulations and taxation around crypto is a good thing but I imagine will be necessary before mass adoption. Most people i believe involved in crypto want a decentralized system that ensures privacy to its users. Im also very weary of all that is going on but refuse to be shook out of the market like so many have.Strong hands. hodl. Keep in mind most peoples bank accounts are only insured for up to 60k,
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You speak good.
But, I was thinking more of the general situation caused by constant and "successful" hacking attacks.
They constantly stop the normal development of the crypto world (the rise in prices of crypto coins).
I think this is the first problem why more people are not included in crypto as well as big investors.
All They are get scared.
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