lol, i am still laughing by reading all the replies because most of the users don't read the main announcement of that incident and also don't care what type of exchange is that. Most of the users are just typing like "Don't trust centralized Exchange" ,"Use Personal Wallet" ,"No exchange is safe" , "Binance is best" blah blah blah
. Really guys, this is rediculous
. First try to read
what's happened with that exchange and what type of exchange is that, then start replying.
Here is some information about that exchange: Bisq is a p2p exchange which devs are trying to move on in decentralized system. They used a 3rd key in the multisig escrow (specially for BTC) so that all transections of users can be safely done in their exchange. As it's a p2p exchange, they won't be able to recover all the funds whch is lost by the incident. Just look at the statement of their their blog post. Anyone can read that
clicking here.In plain words, this exploit was the result of a flaw in the way Bisq trades are carried out, not in the way funds are stored (i.e., there is no honeypot since Bisq is P2P).
Always try to read everythings first, bro.
Specially thanks to @Bttzed03 for informing the right things.
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