COINRAIL EXCHANGE GOT HACKED TODAY

[qiman]

Coinrail exchange got hacked today and many coins and tokens were stolen. Among those over 2 billion NPSX tokens were taken plus storm, dent jibril tokens and others. Pundi X team is assisting Coinrail and have frozen the smart contract so that the hacker's wallet can be frozen but of cours ehe already sold some on idex and panic sellers are selling their tokens. I urge everyone never panic sell because of a hacker and also do not have all your coins ever on exchanges, save for those you wish to day trade at a particular time otherwise you could be in trouble. Just my 2 cents.

PundiX 2,619,542,080
aston  93,308,306
dent  831,595,317
trx    51,520,628
storm  23,028,896
b2b     10,618,588
kyber   203,352 hacked

[Matcuda]

I remember when the hackers were hacked by the stock exchange, there was also a little panic, but people understand that money is not back and not tracked. Therefore, it is necessary to start again with the accumulation of funds.

[JohnHendry]

It is really a bad news. I really feel sorry for those users who have lost their coins.I dont understand why people always do this type of bad stuffs.I hope that those person can recover their lost coin very soon.

[Xelpherpolis]

I've never heard of this exchange. Once again, I was convinced that you do not need to store crypto currency on exchanges.

[gabagandalf]

these are a lot of coins/tokens that were stolen there. i wonder that exchanges are hacked again and again. hope that stops sometime.

[republicrypto]

I've never heard of this exchange. Once again, I was convinced that you do not need to store crypto currency on exchanges.

same on you,,
i never heard about this exchange too,,
maybe its better to choose a good exchange such as bittrex, binance etc to trade or store our cryptocurrencies
regards

[batang_bitcoin]

Stopping people to panic sell won't happen. There's always been a report that there are traders that will do such thing as panic selling, there are newbies that are coming to the market everyday so expect that this case will never stop.

I've never heard of this exchange. Once again, I was convinced that you do not need to store crypto currency on exchanges.

same on you,,
i never heard about this exchange too,,

It is a South Korean exchange so you're not aware about it.

[JacobLiam12]

That's quite shocking to know. Is there any possibility to regain it back?

[makishart]

That's quite shocking to know. Is there any possibility to regain it back?

There's no, the hackfunds has been permanently moved to the hacker's address and this case is really similar to the coincheck but remember coincheck has decided to refund all of the users. The japan government has been pushing the coincheck firms to give all of the refund to those users were getting an impact due to the hacked case. But i'm not sure coinrail will try to do it then.

[GaryCynthia]

That's quite shocking to know. Is there any possibility to regain it back?

[isen]

I've never heard of this exchange. Once again, I was convinced that you do not need to store crypto currency on exchanges.

same on you,,
i never heard about this exchange too,,
maybe its better to choose a good exchange such as bittrex, binance etc to trade or store our cryptocurrencies
regards

I agree, you should not keep your savings on the exchanges, it will be more secure in your wallets than on the exchange which security does not depend on you.

[covfefe_]

Coinrail was one of the most popular crypto exchange in korea.
Though the hacking thing is bad, it's not huge.
Just the hot wallet of the exchange has been compromised of which two third of the coin transaction can be reversed and a police investigation is on the way.

[martin1221]

Many of exchangers experience it mate and its a bad result for us as a user of those exchanges. Those team who mange those coin has a good action because they freeze the contract address. We also do hate those hackers that stoling our funds. Rip to them.

[robelneo]

Coinrail was one of the most popular crypto exchange in korea.
Though the hacking thing is bad, it's not huge.
Just the hot wallet of the exchange has been compromised of which two third of the coin transaction can be reversed and a police investigation is on the way.

Even it is not that huge but it has an impact on the market, I hope it's not an inside job, and they can get back in business as soon as possible, once we have a good update about the hacking incident we will the price going up again, its been a bad week for all of us.

[Sithara007]

It is very disturbing that the hacker could steal so many tokens. Exchange hacks occur every now and then, and by now I thought that very few of the users hold their coins and tokens in the exchanges. But this robbery points otherwise. Anyway, I just hope that the thief could be caught quickly.

[fakegurutu]

Coinrail exchange got hacked today and many coins and tokens were stolen. Among those over 2 billion NPSX tokens were taken plus storm, dent jibril tokens and others. Pundi X team is assisting Coinrail and have frozen the smart contract so that the hacker's wallet can be frozen but of cours ehe already sold some on idex and panic sellers are selling their tokens. I urge everyone never panic sell because of a hacker and also do not have all your coins ever on exchanges, save for those you wish to day trade at a particular time otherwise you could be in trouble. Just my 2 cents.

PundiX 2,619,542,080
aston  93,308,306
dent  831,595,317
trx    51,520,628
storm  23,028,896
b2b     10,618,588
kyber   203,352 hacked

Ive heard of this exchange but Ive never had the chance to use it. Well anyways this is very alarming especially those people who were depositing all of their coins in any exchanges, you should withdraw a bit too for future purposes. Hackers nowadays had improved in hacking and imitating just to rob people. They are the worst ever.

[cryptodreem]

Is the news rue?That is alarming if it is. I think the exchanges should take lesson from this incident and give a look to their security issues.

[waorana]

Keeping your tokens in the exchanges is a big risk, because these hackers are increasingly able to enter and steal the tokens. The market reacted very badly because, in my opinion, in addition to the great damage suffered by many investors, there is less trust in these exchanges. I hope for the benefit of investors, and the entire industry, that the general security levels in all exchanges will increase as soon as possible

[bealoveall]

I'm also worried about my B2B token. I am waiting for the solution of the development team to refund the token.

[tdeannova]

this is not the first time the exchange in korea has hacked and I think this is very bad. I think this issue should be prioritized for investigation and should get a real solution so that there will be no hacked on exchange in korea.