If this news is true another bad news again for the cryptocurrency
For sure the price value in the matket going again to dump
I think now need to be aware all exchange flatform to increase security system to avoid this scenario.
Topic: COINRAIL EXCHANGE GOT HACKED TODAY (Read 147 times)
Many of exchangers experience it mate and its a bad result for us as a user of those exchanges. Those team who mange those coin has a good action because they freeze the contract address. We also do hate those hackers that stoling our funds. Rip to them.
Ouch, that is really quite alarming because of that many exchange companies will raise more detail securities so that thing will not happen to their business also. Prevention is better than cure.
putting a large amount of coins is very risky. better put is your own wallet if you don't want to sell it. if possible separate each coin that in case it get hack your other coins are safe. exchange site are not safe and there are many exchange that got hack already.
If only people will learn not to panic sell in the event of an hack. Life would be so much easier. Let's face it, hacking is inevitable and that is why we need to keep doing what we can to safeguard our funds. The number one rule we must follow. Never leave your coins in an exchange. Get a cold wallet to store them in when not being traded
I'm not familiar with coinrail, is it a low volume exchange?
It's interesting that the hacker decided to take a ton of PundiX, does this have anything to do with it being listed on binance soon?
Maybe the hacker thought he could take those to binance and sell them off really quickly?
Also, if those tokens are frozen, that would affect the overall supply of pundi x significantly, will be interesting to see where the price goes.
As for those who keep a large amount of money on exchanges, I don't feel any sympathy for them.
There are so many warnings about the insecurity of exchanges that I find it hard to believe that someone doesn't know the risks.
If they honestly don't know the risks, they have no business trading in the first place.
If you are a day trader, $1000 worth of tradeable coins is enough, anything else should be locked away.
For anyone else, just keep your coins locked away, at least in a hardware wallet, but paper wallets are best.
It's interesting that the hacker decided to take a ton of PundiX, does this have anything to do with it being listed on binance soon?
Maybe the hacker thought he could take those to binance and sell them off really quickly?
Also, if those tokens are frozen, that would affect the overall supply of pundi x significantly, will be interesting to see where the price goes.
As for those who keep a large amount of money on exchanges, I don't feel any sympathy for them.
There are so many warnings about the insecurity of exchanges that I find it hard to believe that someone doesn't know the risks.
If they honestly don't know the risks, they have no business trading in the first place.
If you are a day trader, $1000 worth of tradeable coins is enough, anything else should be locked away.
For anyone else, just keep your coins locked away, at least in a hardware wallet, but paper wallets are best.
This is really sad news. I recollect when the programmers were hacked by the stock trade, there was additionally a little frenzy; however individuals comprehend that cash isn't back and not followed. Along these lines, it is important to begin again with the gathering of assets. Everyone needs to be careful.
I had read this bad news, which according to some is one of the main causes of the significant market decline that has occurred in recent days. The attacks of hackers are increasingly frequent, and all the exchanges should increase their security level, because with all these thefts people lose confidence in this sector
It is a pity that there are vulnerabilities and hackers successfully use it.You don't need to panic anyway.It is good that Pandi x helps in this matter.By the way Pandi X is a very good project that gave 20x
This is happening too many times in this year, because the number of the exchange is growth buy they are has low level security. All exchange should be has standar minimum security to avoid hack. Hacked make bad thing for future of cryptocurrency so should be any solution for this case, like to development decentralized exchange that more safe and more secure.
Is the news rue?That is alarming if it is. I think the exchanges should take lesson from this incident and give a look to their security issues.
Ya I believe it is true. Sadly, such events are the annoying kind that makes this crypto space look bad. Thankfully it's not the top few exchanges in the world. But still, bad for business entirely
This is terrible. Such loss. They would have broken me and I would never go back to cryptocurrencies. Because I don't... too much .
this is not the first time the exchange in korea has hacked and I think this is very bad. I think this issue should be prioritized for investigation and should get a real solution so that there will be no hacked on exchange in korea.
I'm also worried about my B2B token. I am waiting for the solution of the development team to refund the token. 
Keeping your tokens in the exchanges is a big risk, because these hackers are increasingly able to enter and steal the tokens. The market reacted very badly because, in my opinion, in addition to the great damage suffered by many investors, there is less trust in these exchanges. I hope for the benefit of investors, and the entire industry, that the general security levels in all exchanges will increase as soon as possible
Is the news rue?That is alarming if it is. I think the exchanges should take lesson from this incident and give a look to their security issues.
Coinrail exchange got hacked today and many coins and tokens were stolen. Among those over 2 billion NPSX tokens were taken plus storm, dent jibril tokens and others. Pundi X team is assisting Coinrail and have frozen the smart contract so that the hacker's wallet can be frozen but of cours ehe already sold some on idex and panic sellers are selling their tokens. I urge everyone never panic sell because of a hacker and also do not have all your coins ever on exchanges, save for those you wish to day trade at a particular time otherwise you could be in trouble. Just my 2 cents.
PundiX 2,619,542,080
aston 93,308,306
dent 831,595,317
trx 51,520,628
storm 23,028,896
b2b 10,618,588
kyber 203,352 hacked
PundiX 2,619,542,080
aston 93,308,306
dent 831,595,317
trx 51,520,628
storm 23,028,896
b2b 10,618,588
kyber 203,352 hacked
Ive heard of this exchange but Ive never had the chance to use it. Well anyways this is very alarming especially those people who were depositing all of their coins in any exchanges, you should withdraw a bit too for future purposes. Hackers nowadays had improved in hacking and imitating just to rob people. They are the worst ever.
It is very disturbing that the hacker could steal so many tokens. Exchange hacks occur every now and then, and by now I thought that very few of the users hold their coins and tokens in the exchanges. But this robbery points otherwise. Anyway, I just hope that the thief could be caught quickly.
Coinrail was one of the most popular crypto exchange in korea.
Though the hacking thing is bad, it's not huge.
Just the hot wallet of the exchange has been compromised of which two third of the coin transaction can be reversed and a police investigation is on the way.
Though the hacking thing is bad, it's not huge.
Just the hot wallet of the exchange has been compromised of which two third of the coin transaction can be reversed and a police investigation is on the way.
Even it is not that huge but it has an impact on the market, I hope it's not an inside job, and they can get back in business as soon as possible, once we have a good update about the hacking incident we will the price going up again, its been a bad week for all of us.
Many of exchangers experience it mate and its a bad result for us as a user of those exchanges. Those team who mange those coin has a good action because they freeze the contract address. We also do hate those hackers that stoling our funds. Rip to them.
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