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Topic: $500 million go missing in largest cryptocurrency hack ever - News - page 3. (Read 340 times)

member
Activity: 194
Merit: 12
Staker.network - POS Smart Contract ETH Token
i'm using different ip address and password for every exchange i'm on. and 2fa if it is possible. you cant be to safe.
change passwoord regulary and if they hack one you still have all others.

it has to be resolved. crypto is so fragile right now. we can use a few weeks without bad news
member
Activity: 546
Merit: 12
Japanese cryptocurrency exchange Coincheck has confirmed it lost about $524 million after suffering a hack which stole 500 million NEM tokens, said to be the biggest cryptocurrency hack ever. NEM, the 10th-largest cryptocurrency by market value, fell 11% over a 24-hour period following the hack. The previous largest theft was pegged at $450 million in 2014 from a Tokyo-based exchange.

Shocking news huh? This will affect badly for the Crypto world. Are these hackers unstoppable ? I am worried all my coins are in exchanges, not in hardware wallets, Exchanges are really not safe, This news confirms it again.

I think most of these so called "hacks" are just inside jobs. I know it doesn't lessen the blow. This is obviously huge! I am guilty of leaving coins in exchanges as well, definitely making me rethink that.

Yeah All my coins are exchanges, We are unsecured in exchanges, Something has to be done stop these nasty stuffs, Yeah somehow. This affects whole crypto market concept badly.. I hope authorities will get in to this matter seriously. 
member
Activity: 546
Merit: 12
It's pretty easy for an inside job to pull this off. In the old days you had to physically steal thing to pull off an inside job. Now it's one little software file or disk and it's done, with no traces.

As you think how to prevent this so called inside job ? They can't risk people's money like this. Something has to be done avoid these nasty stuffs, This may destroy the image of whole Cryptocurrency  concept in the end.
newbie
Activity: 36
Merit: 0
Japanese cryptocurrency exchange Coincheck has confirmed it lost about $524 million after suffering a hack which stole 500 million NEM tokens, said to be the biggest cryptocurrency hack ever. NEM, the 10th-largest cryptocurrency by market value, fell 11% over a 24-hour period following the hack. The previous largest theft was pegged at $450 million in 2014 from a Tokyo-based exchange.

Shocking news huh? This will affect badly for the Crypto world. Are these hackers unstoppable ? I am worried all my coins are in exchanges, not in hardware wallets, Exchanges are really not safe, This news confirms it again.

I think most of these so called "hacks" are just inside jobs. I know it doesn't lessen the blow. This is obviously huge! I am guilty of leaving coins in exchanges as well, definitely making me rethink that.
sr. member
Activity: 332
Merit: 254
It's pretty easy for an inside job to pull this off. In the old days you had to physically steal thing to pull off an inside job. Now it's one little software file or disk and it's done, with no traces.
member
Activity: 546
Merit: 12
Japanese cryptocurrency exchange Coincheck has confirmed it lost about $524 million after suffering a hack which stole 500 million NEM tokens, said to be the biggest cryptocurrency hack ever. NEM, the 10th-largest cryptocurrency by market value, fell 11% over a 24-hour period following the hack. The previous largest theft was pegged at $450 million in 2014 from a Tokyo-based exchange.

Shocking news huh? This will affect badly for the Crypto world. Are these hackers unstoppable ? I am worried all my coins are in exchanges, not in hardware wallets, Exchanges are really not safe, This news confirms it again.
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