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Crypto exchange Bybit says a hacker took control of one of its cold Ethereum wallets, resulting in what analysts estimate was the loss of ~$1.5B worth of tokens (www.bloomberg.com)
submitted 1 year ago by to c/technology@lemmy.world
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[–] 1 point 1 year ago (1 child)

That someone can just make off with that amount of digital "currency" sure inspires trust in that system, so the $2800 price tag might be a bit optimistic.

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  • [–] 1 point 1 year ago

    Well it does show that you really do own your own coins. You have to own something before you can lose it.

    With government created currencies this is not really the case, banks can stop any transactions and even close your account, the government can freeze it if they desire, and all that kind of stuff.

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