From what I have read, they have not hacked the exchange but their twitter account, so it's not a matter of the exchange security but of the way they handle their social media. I guess they set a weak password for their twitter account. Luckily for them, it seems it was some whitehat hacker who did this.
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In reality, ICO teams don't use to sell their ETH when the token sales are over. In fact, this is one of the reasons why some teams have abandoned or delayed the development of their projects since the value of the funds raised has dropped sharply because of the bear market.
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It's hard to know, the main difference between these new platforms and the mainstream ones is that they offer their users the chance of earning crypto by using them, at least in the case of Steem and HyperSpace, and this is what their users are looking for. They are not so interested in the platforms features or advantages, but in earning crypto with them. However, the earnings that one user can get with those platforms are currently too low, so the number of users doesn't grow significantly. My impression is that the future of these platforms will depend totally on the future of cryptocurrencies, if they become mainstream these platforms will have a chance, if not, they will stand as they are now.
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The main trick, which really destroyed the credibility for most lesser known altcoins was that a few whales would buy and sell to each other
In fact, one single whale can buy/sell his own coins to himself on an exchange, especially on those where the trading fess are very low or nonexistent.
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Major of delisted pairs are in XMR and ETH pairs. We will be removing the following trading pairs on August 16, 2019, due to low volume. Each independent asset will continue to be tradable:
LTC/XMR, DASH/XMR, ZEC/XMR, MAID/XMR, NXT/XMR, BCN/XMR, LSK/ETH, GNT/ETH, MANA/ETH, QTUM/ETH, STEEM/ETH, OMG/ETH, LOOM/ETH, SNT/ETH, CVC/ETH, KNC/ETH, GAS/ETH, BNT/ETH, LOOM/USDT, SNT/USDT, KNC/USDT, BNT/USDT, FOAM/USDC
That means that the problem is not exclusively those coins, but the fact that nobody trade them against other altcoins. I guess traders are only interested in BTC trading pairs. In respect of the effect this measure will have, I guess there will be a lot of speculation regarding the new coins that will be listed on the exchange.
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No, it has nothing to do with it. When an exchange is under maintenance, the only effect is that there is less trading volume, but people don't sell their coins or something like that. Another thing is when a big exchange is hacked, but being in maintenance mode has no effect at all.
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Unless trading is considered as a form of betting, I don't think that percentage is real, there are not as many crypto betting houses out there, that article must be wrong. In any case, if some people want to use their coins to bet, what is the problem?
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That website is a good way to verify that the vast majority of forks are just a waste of time, those coins are so useless that it's not even worth to know about their existence.
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The name of the exchange itself is not much inspiring, maybe some people will take a look at it for fun but no one will use it, except for some people who will put their dead coins there waiting in vain for someone to buy them.
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I strongly believe these are mere rumours and not official news. Do you think it will be so easy for China to launch a state backed crypto without having other world authorities countering them?
They don't need the opinion of any world leader since that coin they will create will be surely used only in Chinese territory, they will not even allow people to send it away from the country. They say they have been working in this coin for years but we know this is their response to Libra project.
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When hackers steal fiat money from people via phishing attacks, does it give fiat money a bad name? Art forgery gives art a bad name? Crypto is becoming part of people's daily life, it's normal that some criminals see a niche in it.
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This new 2.0 concept will be the only one when it is introduced or will you combine both concepts offering some projects under the actual system and the rest of them under the new one?
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That has happened before when there have been FUD news about Tether, the price has been as low as 84 cents and it has corrected itself when the company behind Tether has reassured holders answering to the allegations but if someday those accusations against Tether turn out to be real, there will not be anything that can prevent the price from going to zero.
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POS would be very beneficial for whales, but not so much for regular users. People with one or two ETH will not receive much reward, so there will not be an avalanche of regular people buying ETH, but whales accumulating. Therefore, the answer to your question is no.
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Was he talking about a coin issued by Huawei or issued by the Chinese government? I have read some headlines and it's not still clear to me the role that Huawei would play in the creation and control of that coin. In any case, if Libra is a bad idea, you can get an idea on how “good” that Chinese coin could be.
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Anything you do will cost you ETH, either if you create a new wallet to send the useless tokens or if you create a wallet to send the valid ones, whatever you do you will be paying the gas. However much seeing these tokens bothers you, it's better to do nothing. Who knows, maybe some of these tokens can surprise you in the future.
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It will depend on Tron community, but you have to take into account that Tron project has taken advantage of the media exposure that Justin Sun has given it, for example, with the planned lunch with Warren Buffett. This has not been a problem until now, when the bad news and rumors have appeared. In the future, Tron community should try to minimize this influence.
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Many people's online banking and payment processors accounts are hacked every day and people keep using them. In crypto, most of the hacks happen on centralized exchanges and many times users are compensated. Of course it's important, but hacks are not making people refrain from getting involved in crypto.
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