Does anyone here use this place? https://www.coindesk.com/coincheck-confirms-crypto-hack-loss-larger-than-mt-gox/
That's what scares me away from any cryptos, etc. You can lose it all in an instant and have no real recourse.
I already posted this in the Crypto Bubble thread, but perhaps it does deserve it's own thread due to the severity of this I wouldn't imagine anyone here uses it, as it's a Japanese exchange From what I understand, I don't think any users have been impacted? I think the actual exchange have taken the hit, and not their users, but I could be wrong
Sorry mate did not see it or i would not have reposted. EDIT TO ADD: Ok i can see it here https://www.silverstackers.com/foru...-the-crypto-bubble.87398/page-12#post-1044446 I think as time goes by a devoted thread may have been needed anyhow.
They could create a always create a new coin, value it at a dollar and give it back to punters. Though more likely they are buying time to figure out if they are bankrupt or could they get the NEM back to payback. I bet all the users would have loved it, if they were covered by government regulation.