2min chapter

My First Million cover image

Best of This Week: Feb 14th

My First Million

CHAPTER

Bitfenex Hacking

Last week, people start to notice bigger transactions coming from the the bit fo next hack wallets. And they didn't hack all the accounts on bitfenex. They actually just hacked, like, some of the whale accounts. So they were able to take a hudrd, 20 thousand bit coin from not all the accounts. The funny thing is, bifene didn't have the money to like, make those uses whole. so what they did was, they reduced everybody on bitfenes balance by 33 % or something. Is like, balance it ol somthn, like, horr ik, imagine if your bank did that. That would be like, insane.

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