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A comment on Tokyo-based cryptocurrency exchange hacked, losing $530M: NHK. Parent comment

Re:Tokyo-based cryptocurrency exchange hacked, losing $530M:... by DSingularity on Friday January 26, 2018 @12:51PM (#16241209)
Exactly. And the top notch exchanges keep everything in cold storage AND they take out massive insurance policies on it. Keep coins there unless we are talking millions of $ worth.
[ Parent | on HN ]
Re:Tokyo-based cryptocurrency exchange hacked, losing $530M:... by aml183 on Friday January 26, 2018 @01:00PM (#16241297)
The insurance coverage is limited and doesn't cover theft of individual accounts.
[ Parent | on HN ]
Re:Tokyo-based cryptocurrency exchange hacked, losing $530M:... by vkou on Friday January 26, 2018 @01:36PM (#16241660)
No exchange has a full insurance on their cold storage. Not a single one.
[ Parent | on HN ]