Most likely we found the reason for the fall of the altcoins.

in #bitcoin • 6 years ago

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If you remember, yesterday Ethereum wallet MyEtherWallet, was hacked and on this bad news for the tokens did not end. Some exchanges suspended work with ERC-20 tokens, after they found a serious mistake.

The OKEx exchange reported that due to this error, it is possible to generate any volumes of tokens, and then transfer them to purse addresses. Because of this, it can undergo manipulation.

As a result, OKEx decided to temporarily suspend transactions with tokens, until the error is corrected. Also, the Exchange sent a message to market participants about the situation, and recommends checking their smart contracts.
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At the Huobi exchange, a transaction was set up at $ 880 trillion. at . ERC-20 tokens. After that, the exchange blocks all transactions with crypto currency.

The pair ETH-USD still crashes - while the fall was 13%, but clearly not the limit, if several more exchanges suspend trading.

Source:http://telegra.ph/Skoree-vsego-my-nashli-prichinu-padeniya-altkojnov-04-25

#new #cryptocurrency #altcoin #investing
6 years ago in #bitcoin by
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