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Title: How much user BTC does OKcoin hold? Post by: boogi on August 03, 2016, 11:27:54 AM Cant help but think how catastrophic it would be if OKcoin got hacked, Wondering how much btc they hold and what security measures they take.
for instance cold storage would be a great precaution, since bitfinex didn't seem it was necessary. Title: Re: How much user BTC does OKcoin hold? Post by: Whosdaddy on August 03, 2016, 05:17:00 PM Not quite sure about it but just looking at the statistics they provide, they have an average volume of BTC 1.5M.
Bitfinex is more dominant than OKCoin since Bitfinex holds over 7x more volume. That's considering the current time. So if okcoin is to go down, it wouldn't give the same effect as what bitfinex did. Title: Re: How much user BTC does OKcoin hold? Post by: mobnepal on August 03, 2016, 05:24:49 PM Quite not sure about how much they hold and also actual data on how much bitfinex had hold during the attack is still unknown and also no any exact amount that got stolen is given out. Price is moving in uncertainty and lots of panic created in traders including me. This over night hack event has also make me lost significant in value but not direct lost of bitcoin because i haven't any in bitfinex.
Title: Re: How much user BTC does OKcoin hold? Post by: Lionidas on August 03, 2016, 05:27:40 PM Quite not sure about how much they hold and also actual data on how much bitfinex had hold during the attack is still unknown and also no any exact amount that got stolen is given out. Price is moving in uncertainty and lots of panic created in traders including me. This over night hack event has also make me lost significant in value but not direct lost of bitcoin because i haven't any in bitfinex. It couldn't have been as much as every thinks because the price is on the rebound right now and is continue to increase towards what it was before the hack attack happened yesterday. |