Deciding whether it’s still worthwhile to push ahead with the ASX’s blockchain play is now one of the first items of business for ASX CEO Dominic Stevens. (Britta Campion/The Australian)
One of the early tasks for new ASX CEO Dominic Stevens will be to have a close look at the plan to use blockchain technology in the light of last week’s massive hack and theft at Hong Kong-based bitcoin exchange Bitfinex.
Bitfinex is 119,756 bitcoins short, a loss of about $95 million, after a hacker gained access to hundreds of customer wallets. It was apparently a well-planned and executed security breach by someone who knew what they were doing — possibly even an inside job.
http://www.theaustralian.com.au/business/opinion/alan-kohler/asxs-blockchain-plans-may-have-been-hacked/news-story/5427ce8ebc8f44387bc1c966e86817bc
