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This is what so scary about an online exchange you will never know when a person can hit a scenario in taking up his demon to do such things but like you have said I as well didn't see any big drop from the price so far.
That is the risk of storing assets in a wallet exchange, it can be hacked at any time, even if a trusted exchange. We must understand the risk. We are lucky if the exchange would be responsible for the hacking.
Related to its influence on the global market, the following figure provides enough information as a comparison with cases of hacking that have happened before.
This is why I totally not consider to store any huge value on exchanges ( Even the big ones are getting hacked) As soon as possible after selling or getting a good trade from any exchange I immediately pull out all from it. But Upbit users must be lucky, the exchange covered all the stolen funds, promised a compensation and apologized for the inconvenient they have caused. A very kind of them. May I know if they are going to give a full compensation? or just partial since it is a huge amount.
The funds are quite large if accumulated for hacking cases this year. Although not very significant, enough to influence the market, despite many other factors.
Seems like Upbit got hacked very hard, They are the highest stolen fund foe this year ,that is 2Billion of my local currency how did they were not able to response on that quickly. I'm quite skeptical upon reading rumors that it was just a drama and part of exit scam.
