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Topic: The cause of the fall of the altcoins!!! - page 2. (Read 210 times)

newbie
Activity: 29
Merit: 0
April 25, 2018, 10:38:28 AM
#1
If you remember, yesterday Ethereum wallet MyEtherWallet was hacked and bad news for tokens didn't end there. Some exchanges suspended work with ERC-20 tokens after they found a serious error there.OKEx exchange reported that due to this error, it is possible to generate any volumes of tokens, and then transfer them to the addresses of wallets. Because of this, it can be influenced by a hacker. In the end, OKEx decided to temporarily suspend transactions in tokens, as long as the error is not corrected. Also, the exchange sent a message to market participants about the situation, and recommends to check their smart contracts.
https://twitter.com/WhalePanda/status/989109513843290112/photo/1?ref_src=twsrc%5Etfw&ref_url=http%3A%2F%2Ftelegra.ph%2Fembed%2Ftwitter%3Furl%3Dhttps%253A%252F%252Ftwitter.com%252FWhalePanda%252Fstatus%252F989109513843290112

On the exchange Huobi has been created transaction for $880 trillion. in.  ERC-20 tokens. After that, the exchange blocks all transactions with cryptocurrency. The ETH-USD pair is still collapsing - so far it has fallen by 13%, but it is clearly not the limit if several more exchanges suspend trading.

http://i104.fastpic.ru/big/2018/0425/59/6decae387355be7dbc262428bda19b59.png
http://i104.fastpic.ru/big/2018/0425/ac/f38e3110f3d68c6f1b5bdf2d4bbe06ac.jpg
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