View this post on Hive: $50 Million ETH stolen from Upbit
$50 Million ETH stolen from Upbit
5 years ago by themarkymark (78)
$22.30
- Past Payouts $22.30
- - Author $12.33
- - Curators $9.96
455 votes
- + steemyoda: $5.302 (90%)
- + buildawhale: $1.948 (15%)
- + jphamer1: $1.112 (100%)
- + suonghuynh: $1.062 (25%)
- + busy.pay: $0.940 (16.68%)
- + steemflagrewards: $0.919 (99.35%)
- + actnearn: $0.788 (100%)
- + blewitt: $0.619 (100%)
- + qurator: $0.609 (18.35%)
- + slobberchops: $0.608 (100%)
- + meesterboom: $0.563 (100%)
- - coininstant: $-0.516 (-100%)
- + smartvote: $0.500 (25%)
- + foruni73: $0.401 (100%)
- + goblinknackers: $0.340 (60%)
- + msp-waves: $0.329 (100%)
- + steem.leo: $0.323 (29%)
- + sbi4: $0.313 (98.4%)
- + joeparys: $0.305 (25%)
- + star.lord: $0.298 (100%)
- … and 435 more
Inside job? This is likely to happen more and more. The weak link is always people.
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I don't like eth
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I like steem
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it was a news!
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You might be right.
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Hahahaha..😁 😁
Posted using Partiko Android
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The only korean exchange I use these days is korbit. The 2 biggest, Upbit and bithumb have both had bad hacks in the past year now. Korbit is older and more secure, but it is less volume , less pairs and difficult to use.
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Keep your stuff off the exchange! The tech is far from flawless, but these exchanges may need to start thinking about insurance... If they don't already have it
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Your post is very good. And it will benefit us a lot. I'm on your side. I hope you will be by the side
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I saw this yesterday, it appeared to have little effect on the community unlike what we have seen in the past. No massive selloffs etc...
I guess this makes all the difference.
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The risks of custodial setups. Maybe one day non-custodial means of exchange will be efficient enough to use and become ubiquitous.
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Ops! This is another terrible news for cryptos, I saw this same news when I was surfing a crypto news app yesterday. Good that the exchange mentioned they will cover the hacked funds with their assets. Though no machine is 99% efficient but I think crypto exchange websites should do better in security and also try to move to DEX just like Binance.
Thanks for sharing!
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