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Sunday, 10/22/2017 11:40:11 AM

Sunday, October 22, 2017 11:40:11 AM

Post# of 73696
Interesting, that company Bitnex who got hacked and lost $60 million dollars worth of bitcoins...says bitcoin wallets not as safa as offline storage. Offline storage of your bitcoins is what BYSD Vault 51 offers.


It has been alleged that the CFTC forced Bitfinex to change its storage arrangements, introducing a weakness into the system which the hacker could exploit. Keeping customer money in individual multi-signature wallets in the custody of a neutral third party is apparently not as safe as keeping it offline in a very large bucket with a single set of keys.