Posted on 01/26/2018 4:49:21 PM PST by C19fan
Hackers stole several hundred million dollars' worth of a lesser-known cryptocurrency from a major Japanese exchange Friday.
Coincheck said that around 523 million of the exchange's NEM coins were sent to another account around 3 a.m. local time (1 p.m. ET Thursday), according to a Google translate of a Japanese transcript of the Friday press conference from Logmi. The exchange has about 6 percent of yen-bitcoin trading, ranking fourth by market share on CryptoCompare.
(Excerpt) Read more at cnbc.com ...
Ooops!
So secure you can’t even find it yourself.
Is this another case where the customers’ money was stolen, but the owners money wasn’t touched?
Because that’s where the not quite money is.
They should stuff their servers with exploding dye packs.
I think there is still a significant misunderstanding among the public about he distinction between having bitcoin in a wallet you hold the key to and having bitcoin in an exchange that someone else has the key to.
I read about he latter getting looted, but am unaware of it happening to the former.
No problem I am sure that the FDIC will take care....Ah never mind!
Can’t wait for that cashless society.
What? The geeks didn't of that?
Head-slap.. .Back to the white board.
btw, would YOU trust your cryptocoins to this man?
“I read about he latter getting looted, but am unaware of it happening to the former.”
yeah, it’s WAY safer to have your own wallet:
“Can’t wait for that cashless society.”
Wait? I think bitcoin is about as cashless as you can get ...
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