Reply to post: Re: Reset the clock!

$600m in cryptocurrencies swiped from Poly Network

doublelayer Silver badge

Re: Reset the clock!

It's not every time. There are a lot of exit scams, but there are also a lot of real hacks. Investors who invest without learning how the thing they're investing in works don't seem to realize that cryptocurrencies function a lot like cash. They then act surprised when someone breaks into the inadequately secured storage and takes it and they don't have an automatic backout ability. That makes thieves quite eager to go steal from wallets or exchanges that didn't do their homework, especially if they think everybody will assume it's an exit scam.

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