Oops - Japan loses $400 million in cryptocurrencies - Galt's Gulch

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Oops - Japan loses $400 million in cryptocurrencies

Posted by blarman 6 years, 2 months ago to Economics

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I'd like to know more about this exploit as blockchain is supposed to be unbeatable... If I were in crypto currencies, I'd be really skittish right now...

SOURCE URL: https://www.bloomberg.com/news/articles/2018-01-26/cryptocurrencies-drop-after-japanese-exchange-halts-withdrawals

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Posted by allosaur 6 years, 2 months ago

Note to self: Dis be digital voodoo from a crypt to currencies me dino no never touch wid ten foot pole.

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Posted by freedomforall 6 years, 2 months ago

Don't you love the price manipulation in the chart? (Just before the bad news was released
the price spiked up 10% so insiders could exit.) No, I do not think it was a coincidence.

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