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/biz/ - Business & Finance

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22836594 No.22836594 [Reply] [Original]

>second largest exchange hack ever only outdone by Gox
>market pumps slightly
https://www.kucoin.com/news/en-the-latest-updates-about-the-kucoin-security-incident

>> No.22836854

>>22836594
In case you didn't get that yet, btc is following the US stock market. Do you think any of those institutions controlling btc give any fucks about some low life chink exchange, most of them don't even work on weekends, and won't respond before Monday.

>> No.22836890

>>22836854
this, but still unironically the hack shouldve had some derisking take place, which was abolsutely nonexistent.

>> No.22836896
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22836896

>>22836854
Yeah but all these shitcoins with like 10-20% of their total supply. Not even a bump for them.
AMPL lost 15 million tokens and they are trading down 2%.

>> No.22836910
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22836910

Meme hack

>> No.22837697

>>22836594
the real players don't use exchanges
only plebs get fucked in the ass by exchange "hacks"

>> No.22837714

>>22836594
The funds are still locked on the exchange. Wait until people have access to their coins again.

>> No.22837748

It’s because the market is currently full of retards

>> No.22837786

>>22837714
They will never have them, Kucoin does not have some mystery cold wallet with a buffet of 150 million in shitcoins.