The fall to the crypto market is due to the theft of coins at exchanges ???

in #news7 years ago (edited)

Lately there have been several Robberies of crypto coins from different Currency Exchange Web sites. Is that the cause of the massive fall ???

@Hakers have started to sell the stolen coins massive???

I will list only 10% or less of all thefts of crypto coins

Bitcoin worth $78m stolen from Bitfinex exchange in Hong Kong
08/2016

Ethereum Bandits Stole $225 Million This Year
published: 28 August 2017

Nearly $64m in bitcoin has been stolen by hackers who broke
into Slovenian-based bitcoin mining marketplace NiceHash.

12/2017

More than $300m of cryptocurrency has been lost after a series
of bugs in a popular digital wallet service led one curious developer
to accidentally take control of and then lock up the funds, according
to reports.

Really was lost??????????

Hackers who stole around $530 million worth of cryptocurrency from the
Coincheck exchange last week one of the biggest such heists ever
are trying to move the stolen “XEM” coins, the foundation behind the
digital currency said on Tuesday.

28/01/2018


Above we listed a very small part,
My opinion is that there were many more thefts that were not reported to the general public

What it's your opinion about it???

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I guess it is part of the trade. Money were stolen form the banks for so many years. It is just a problem of security and it seems that nothing is safe :)

Not really, it creates inflation in the cryptocurrency and the market crash appears soon, security it's most important in cryptocurrency.
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I guess it is part of the trade