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/biz/ - Business & Finance

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25207493 No.25207493 [Reply] [Original]

Bitcoin grew 15 times because of this hack. Is this an inside job? Any thoughts? Goodbye Livecoin?

>> No.25207601

>>25207493
exit scam kek.
they are sleeping with your money now
their new money blanket.
this is the problem of centralized exchange

>> No.25207714

>>25207493

I heard they stopped the withdrawal so even if people sold a BTC with $500k they can't do anything with it

>> No.25207717
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25207717

>>25207493
>>25207601
pure manipulation as its finest

>> No.25207836
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25207836

>>25207714
centralized exchanges must require insurances before even starting.
Look at bridge mutual, they can cover centralized exchanges, stable coins or even smart contracts. Act now or die your funds forever

>> No.25207946

>>25207601
>>25207714
>>25207717
>>25207836
Binance is the safest.
No other done

>> No.25208081

>>25207946
Fuck binance
listing different shits
Made CZ rich

>> No.25208086

>>25207946

I don't know what to say about Binance, what if they get hacked?

Are they going to give you all the money that got stolen?

Do they have insurance?

>> No.25208105
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25208105

>>25207493
>no sauce

>> No.25208113

>>25208086
if they get hacked crypto drops 95%. See 2013 MtGox. Because it's the biggest exchange, so don't worry about not having your coins there, because they're worthless anywho after that

>> No.25208402

>>25208086
If Binance gets hacked we are in deep shit. I don't like the CEXs but sometimes you don't have much options.

>> No.25208556

>>25208402
If you are hacked in Binance you are SAFU but if you want your assets to get insured go Bridge Mutual and its MEGA SAFU

>> No.25208660
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25208660

>>25208556
and how does that work
what will happen if they get hacked
who's gonna insure them
if attack occurs on exchange and platform itself then everything is going to hell right

>> No.25208707
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25208707

not your keys not your coins, don't over expose yourself to any cex

>> No.25208736

>>25208660
Insurance is a virus.
They are all theft.
All those sweet words in the website is just a display

>> No.25208745

>>25208660
they are looking to cooperate with other insurance platforms to accomplish their own safety, if i got that right.
insurance is a big deal, we must take this serious because i can't see a better solution for safer crypto rn.

>> No.25208872

>>25208736
But bridge is not like that.
If you were following the ceo of bridge youll be amazed on how he handles the group and the community.

>> No.25208886
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25208886

>>25208745
that sounds just dandy and i sht you not
more projects should aim to go that way and leave the competition aside.
collaboration can be way more productive than competition.
I'll be looking after this one for sure

>> No.25208993

>>25208872
>>25207836
are they covering the dexs as well and other tokens and not just stablecoins
what happens with the other stuff like nfts, wallets...

>> No.25209044

>>25207836
Even the Barnbridge Co-Founder Tyler Ward Invests in Bridge Mutual and becomes a voluntary advisor... so bridge mutual help insure barn bridge dao...this what im looking, unity and cooperation

>> No.25209096

>>25207493
oh wow had no idea why btc going up so hard
i wonder when it will stop

>> No.25209131

>>25208993
BMI should be able to cover anything crypto related. think it will happen in time and not at once. people are starting to recognize the potential.

>> No.25209149

>>25208660
do you have any idea how insurances work? read up a bit about them
the concept shouldn't be very different

>> No.25209208
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25209208

>>25208993
even those can be isnured with bridge which is why it will gain more and more attention
it's very much like what the crypto space needed

>> No.25209296

>>25209208
must agree with this anon. crypto needs more safety anyway but i am concerned about a thing... you know how those traditional insurance companies have a huge capacity for scams and frauds. i don't know if that's gonna be the case with the crypto coverage

>> No.25209324

>>25209131
i think the same it won't be all of a sudden but in few years bridge can have a vulcanic rise

>> No.25209686
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25209686

>>25209296
of course there will be something at some point but how can we tell if that will be for sure if we haven't had this tech before

>> No.25209706

>>25208993
that's the bridge magic, it insures every asset that can fit into blockchain
it can also give health insurance so there ya go

>> No.25209727
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25209727

crypto is crap and a scam and you will all get wrecked and lose your money
sorry to be this blunt but this is truth

>> No.25209752

>>25209727
it seems like it's time to get an IQ boost from 1 to 2

>> No.25209811

>>25208086
i hope they go out of business. freaking scammy useless exchange, only hurting the space

>> No.25209823

>>25209324
that's why i'm gonna hodl it once i get my hands on those tokens. long term is the only option if you ask me