Hacking incidents in Korea big exchange Coinrail

Hello, 


Today, I'm going to write a quick posting on Bitcoin hacking at the Coinrail exchange.

Not Bitcoin, but alt coins, to be exact, have been hacked ...

First, let's look at the latest announcement from the coinrail.

Currently, only the above notices are exposed, and the transaction services of coinrail is not available at all.



Fortunately, only about 30 percent of all assets were hacked. And two thirds of them were either recalled or frozen.

But if you look at the details below the notice, you can see that only the coins for Fundi X, Aston and Nfer have been frozen.

It's not a recall, it's a freeze. 

It is only a measure to prevent hackers from disposing of the hacking coins, but it is not really recovery ..

Even when the coin exchange was hacked into by the NEM, the NEM Foundation and the exchange held a signature on the coin and made a major freeze.

Hackers did things smoothly through the Distributed Exchange and the Dark Web, 

and the NEM Foundation listened to the white flag ......



The following is the list of coins or tokens that were hacked at the Cointrack Exchange.

Nine species of virtual currency, including PundI X, Enfer, Aston, Tron, and Storm.

It was withdrawn around 1 a.m. on June 10 during 40 minutes.

According to industry information sources, the damage caused by the coin rail exchange is worth 40 billion won.

The hacking caused the price of the Bitcoin to drop dramatically, and the strong support of the 7,100 dollars that many traders had trusted collapsed.

There is an additional fiber cell occurring ...



Do you think we're going to have a rain net again?

However, this time, there was a 10-fold hacking of the coin check exchange, a 10-fold hacking of the coin exchange.

Since the price of Bitcoin is finally recovering, I hope you don't panic and hope you don't give up hope even after the Mauntrol incident ....

It is so ironic ...

Block chain based coins, which are cited as the main advantage of strengthening hacking and security, are facing hacking issues every day.

The exchange and personal wallet are not based on a block chain, but on a central system. 

The hacking issue seems to be the inevitable task for block chains and virtual currencies to solve.

So, I finished posting today.



On the next posting, we will discuss the price of Bitcoin due to the hacking

Along with the chart from a trading point of view

I'm going to post it in detail.



Thank you.