Daily: Korean exchange Bithumb Hacked, Deloitte to regulate ICOs?

in #bitcoin7 years ago

Topics Covered

  • Market Recap - Ethereum
  • Security: South Korean exchange Bithumb Hacked
  • Deloitte to ride and regulate ICOs?
  • China Spotlight - 8BTC returns. EOS flood
  • Giveaway - Boxmining.com/giveaway
  • Upgrade Time

https://www.cryptocoinsnews.com/deloitte-cis-waves-partner-ride-ico-boom/
http://bitcoinist.com/south-korea-exchange-bithumb-hacked-tens-millions-won/
https://medium.com/@CodyBrown/how-to-lose-8k-worth-of-bitcoin-in-15-minutes-with-verizon-and-coinbase-com-ba75fb8d0bac

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Thank you for the news.
Another good example that Exchanges are NOT SAFE.
Guys, keep your coins offline in a cold wallet like the Nano S or the Trezor.
Some people pay a yearly fee for there bank accounts, so why not investing a small amount in security of your coins.

If you dont know your keys you dont have any coins :D

Yeah thats right.

When you think you have caught up with all the crypto news, a whole new wave of events wash past. It's tough keeping up with it all.

Thanks for putting together these daily videos. Helps many of us keep up with all the news.

Hey man. I watch your videos all time time, thanks for the content. Hope Steemit is treating you well. Let me know if I can help you with anything.

This shows and validates that exchanges are not fully secure. We still have to use exchanges to get other currencies. Thanks for sharing.
Please stay tuned for my writeups and please follow me @bewajijohnson

thanks for being so humble. i really appreciate it and distinguish you in this factor. very informative, laid out intros. kepp smiling!

you say "there's no safe exchange" because the exchange or your account on the exchange could be hacked. What about the BitShares exchange where the account has a private key that only you hold? that seems much safer to me than all the other exchanges that are run on central servers with very slim possibility of hacks considering they'd have to steal your private key from you somehow.