Crypto: It's for Crimes
Reposted from
Molly White
One of the biggest cryptocurrency exchanges in the world just lost $1.4 billion (with a B) to a hack.
This is 5x as much as the previous largest exchange hack in history.
This is 5x as much as the previous largest exchange hack in history.
Comments
I think we will see more hacks and rug-pulls as the whole scene will be looking for offramps.
A crypto coin *could* fill that role but the ones today were designed for scams and scams is what they are used for. Its what the supporters want and built them for.
The Stripe one is fairly new, they just bought the infra company not long ago, but if you watch the Stripe Sessions presentation from last year you can see the demo where they incorporate payments over Solana into the platform.