Cryptopia Bitcoin Exchange Hacked

Jan. 20, 2019 7:17 AM ETGBTC
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Contrarian, Arbitrage, Commodities, Gold & Precious Metals

Contributor Since 2011

Albert Sung is the author of Correlation Economics, monitoring breaking economic news on a day to day basis. He started investing in 2008 because of the economic crisis and holds a masters degree in chemical engineering. Previously, he worked several years as a process engineer at Ashland, a competitor of Dow Chemical. Today, he works as a regulatory compliance consultant at J&J, but his real passion will stay in macro-economics. His experience in the chemical and pharmaceutical industry allows him to monitor the economy from a process engineering standpoint, analyzing macro-economic charts, correlations and trends.

Summary

  • New Zealand cryptopia exchange hacked.
  • First hack in 2019, more to come.
  • Bitcoin is not a good place to store wealth.

Another bitcoin exchange hacked. Do you feel lucky? I sure don't, that's why bitcoin is not the future...

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