Re: $1.1 Bln in Crypto Has Been Stolen This Year

2018-06-11 Thread grarpamp
>> https://cointelegraph.com/news/report-1-1-bln-in-crypto-has-been-stolen-this-year > > How does this compare with stolen traditional money? > > Instead of absolute values probably the ratio "stolen/total" is more > interesting. Total fiat is somewhat easy to calculate due to centralized publicat

Re: $1.1 Bln in Crypto Has Been Stolen This Year

2018-06-11 Thread Georgi Guninski
On Mon, Jun 11, 2018 at 08:06:28AM -0700, Steven Schear wrote: > Good point. Would love to see a fair comparison. > This appears highly non-trivial. Quick web searches doen't return usable info and in addition the banks and the like probably don't report all incidents because of issues of "trust".

Re: $1.1 Bln in Crypto Has Been Stolen This Year

2018-06-11 Thread Steven Schear
Good point. Would love to see a fair comparison. On Mon, Jun 11, 2018, 4:01 AM Georgi Guninski wrote: > On Sun, Jun 10, 2018 at 07:22:51PM -0700, Steven Schear wrote: > > > https://cointelegraph.com/news/report-1-1-bln-in-crypto-has-been-stolen-this-year > > How does this compare with stolen tra

Re: $1.1 Bln in Crypto Has Been Stolen This Year

2018-06-11 Thread Georgi Guninski
On Sun, Jun 10, 2018 at 07:22:51PM -0700, Steven Schear wrote: > https://cointelegraph.com/news/report-1-1-bln-in-crypto-has-been-stolen-this-year How does this compare with stolen traditional money? Instead of absolute values probably the ratio "stolen/total" is more interesting.

$1.1 Bln in Crypto Has Been Stolen This Year

2018-06-10 Thread Steven Schear
The magnitude of such thefts could only happen because so many hodlers are lazy and keep their crypto booty in custodial exchangers instead of in their own wallets (especially hardware). https://cointelegraph.com/news/report-1-1-bln-in-crypto-has-been-stolen-this-year