Bloomberg Article on bitpoint hack
Another hack has occurred. I wonder how many more times does this have to occurred before exchanges learn to store crypto outside of hot wallets? 32 million worth of crypto is a lot considering it has fallen in value from its all time highs reached in 2017.
I wonder how many of these hacks are legitimate and how many of these hacks are organized to cover hedged positions made by the exchanges.
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I know what you mean. So much corruption can happen in this early stage of crypto.
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Until people get smart and protect themselves, it is going to happen. Well heck, it happens in the world of fiat all the time. I just don’t like all the scams that are still blatantly advertising. I see them every day.
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