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Bitcoin => Press => Topic started by: sirohige on August 06, 2016, 07:52:30 AM



Title: [2016-08-06] Should You Put Your Bitcoin in...a Bank?
Post by: sirohige on August 06, 2016, 07:52:30 AM
As Bitfinex, the digital-currency exchange that suffered a hack this past week, struggles to reopen, a wider question is again being asked about bitcoin: Is it really a better mousetrap?

On Tuesday, cyberthieves stole about 200,000 bitcoins, valued at roughly $65 million, from Hong Kong-based Bitfinex’s digital vaults. It was one of the largest hacks in the currency’s history.

http://www.wsj.com/articles/should-you-put-your-bitcoin-in-a-bank-1470422031


Title: Re: [2016-08-06] Should You Put Your Bitcoin in...a Bank?
Post by: panju1 on August 06, 2016, 08:26:25 AM
Wrong question to ask about the hacking.
The right question is should you leave your bitcoin in exchanges?
And the answer to that is a resounding no.