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    Author Topic: BTC38 hot wallet got hacked and lost 1.5 million  (Read 15776 times)
    Sithara007
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    January 02, 2017, 06:57:59 AM
     #101

    When compared to their overall trade volumes, the stolen amount is significant. But still, it is not that big to disrupt the daily operations. IMO, they must be able to cover up this loss from a few months revenue.

    they are not that popular to my knowledge and that means lower volume compared to other exchanges and if they were really hacked and this is not a fake story , it will take they a long time to make it back with fees on exchange with a low volume.

    In that case, this is a very disappointing news. And now since their reputation is lost, a lot of the users are going to dump the exchange as well. Their long-term survival prospect looks bleak.

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