Re:Critical Update on DAO Vulnerability
by lazaroclapp on Friday June 17, 2016 @05:18AM
(#11921523)
I think they could also be shorting ETH, in dollars/euros/rubles/yuans, in which case destroying the currency would be excellent business for them, even if they can't extract what they stole.
[ Parent
| on HN ]
Shorting small illiquid markets is very difficult and prone to blowing up in your face. The most recent famous example of this is Porsche/VW: http://www.economist.com/node/12523898
Any (presumably buoyant) entity actually offering that possibility?
Re:Critical Update on DAO Vulnerability
by forgotpwtomain on Friday June 17, 2016 @05:45AM
(#11921601)
Poloniex seems to be the exchange with the largest volume (I somehow doubt anyone is buying long-positions larger than that) - so it looks like they could at least cash out several thousand bitcoins - although it's been a while since I've been on their site and if they offer API access some of those positions might be automatically diverted as the price moves.
Poloniex has apparently stopped trading DAO tokens and ETH as well [1]
[1] https://www.reddit.com/r/ethereum/comments/4oiesu/polo_froze...