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June 23, 2018, 10:39:55 PM |
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I'm not familiar with coinrail, is it a low volume exchange?
It's interesting that the hacker decided to take a ton of PundiX, does this have anything to do with it being listed on binance soon? Maybe the hacker thought he could take those to binance and sell them off really quickly?
Also, if those tokens are frozen, that would affect the overall supply of pundi x significantly, will be interesting to see where the price goes.
As for those who keep a large amount of money on exchanges, I don't feel any sympathy for them. There are so many warnings about the insecurity of exchanges that I find it hard to believe that someone doesn't know the risks. If they honestly don't know the risks, they have no business trading in the first place.
If you are a day trader, $1000 worth of tradeable coins is enough, anything else should be locked away. For anyone else, just keep your coins locked away, at least in a hardware wallet, but paper wallets are best.
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