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RE: BitGrail gets Hacked and loses 17 million Nano/XRB - Price tanking 😱

in #cryptocurrency7 years ago

What a sad news! These hacks confirms that :

The threats and dangers are not exaggerated.


BTW, do you know if there is a direct relationship between RaiBlocks the project and this exchange ?

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As far as i can tell there is no official relationship between the two, no. This is purely an error on Bitgrail's part and the Nano network is still secure

Thank you @pandorasbox. Do you know how much does the stolen tokens represent of the total tokens? I mean is the amount significant enough to justify the price drop?

I have just checked the volume on binance. It had a big surge in the past 36 hours. About 5 million nano coins has been sold on Binance alone in this small period of time.

Yes a huge amount of XRB is being sold. I think there are 133 million tokens, and if 17 million got stolen that's like 15% of the entire supply of nano which is huge

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