>Largest Exchange hack since Mt. Gox
>Most of the funds stolen is in the shittiest of shitcoins
>Market crabs and said shitcoins pump a little
What in the actual fuck bros?
What is happening
Christian Mitchell
Aiden Ward
>>Largest Exchange hack since Mt. Gox
That's like saying "largest terrorist attack since 9/11"
Grayson Lewis
Nobody cares if the hacker market dumps VIDT in short
Jace Phillips
I mean it does not make it any less true. It is a big deal and no one seems to care at all. This isn't some fishing scam, they drained all of Kucoins hot funds for over 200 million in crypto.
You also for the first time have a massive Dex they can dump all this shit on with zero oversight like with CEXs in the past.
Lucas Green
I drained my hot fluids into yourre moms mouf last night if you catch my drift
Lincoln Powell
My mom is a saint you subhuman shitskin trash
Christopher Lewis
KuCoin is irrelevant as increasingly are centralized exchanges. The market doesn't give a fuck
Dominic Carter
Your gonna give a fuck when this dude starts draining all the liquidity for your shitcoins on Uniswap.
Thomas Taylor
Agreed. The fact that the price of BTC has not moved an inch since news broke is extremely sus. Makes me think we dump when Americans sleep tonight.
Lucas Hall
SHUT THE FUCK UP YOU FILTHY GOY
SELL YOUR COIN IT'S JUST WORTHLESS AND CAN BE EASILY STOLEN SELL SELL SELL
DON'T YOU WANT FIAT FIAT IS GOOD EXCHANGE YOUR BLOOD FOR FIAT DO IT GOY AND SHUT UP
Cameron Martin
he cant even do that because the chads in the vidt team immediately freezed his tokens
so its like 30% of whole supply of vidt got burned overnight
FUCK it feels good to be a vidtchad
Tyler Gray
several of the coins they stole have blocked the address from moving coins in their contracts
Jonathan Peterson
>As a precaution, while we are actively pursuing confirmation of all the facts, we have frozen all 14,491,824.46 VIDT in this wallet (0xeb31973e0febf3e3d7058234a5ebbae1ab4b8c23) at 08:07:05 AM (UTC+2) which can be seen here: etherscan.io
What just happened is, assuming the hacker will never be caught(which they wont), VIDT just burned like 30% of the circulating supply. They are one of the few companies in crypto who are cashflow positive without relying on rug pulling NEETs, so while this hack sucks for them, its not going to kill them.
So, what really just happened is the event that single handedly made millionaires out of all the skiddy vidties on Zig Forums in the next 6 months. Congrats you lucky retards.
Gavin Johnson
Your shitcoin stores file hashes as bytes32 on ETH, I just wrote a replacement in 2 minutes:
textdrop.link
Talk about token not needed.
Landon Williams
>Your gonna
No I'm not. Nobody cares about some shitty chink exchange. Check your ideology at the door, clearly nobody gives a fuck, but you seem hellbent on the contrary.
David Gomez
Uniswap has 5 million in Chainlink Liquidity.
Hacker has 2 million in Link....
Ryder Johnson
He can't sell them. All the off-ramps colluded to fuck him. Can't really mix 150m on fucking ETH either.
Charles Jenkins
He can dump on uniswap and move into privacy coins or dump at ATMs with smurfs, one thing is for sure he will try to color up from shitcoins at some point.
Mason Morales
>dumping $150million through bitcoiin ATMs
yeah....
Tyler Hughes
if you expect a repetition of willybotnomics, sorry, miners have long not been the dominant provider of liquidity in btc, that is cexchanges since 2018
Elijah Cruz
sauce for burn? I'm not seeing that anywhere
Jeremiah Jackson
better get IBM and the Dutch Gubmint on the phone and shill your solution.
fucking based. Kucoin Insurance will cover the frozen tokens. Dumbass who held VIDT in a centralized exchange get BTFO and smart anons that didn't are going to reap the rewards.
BASED
Ryan Hughes
VIDT froze the tokens which is in effect a burn because the hacker can't move the tokens. So you can see the tokens on the hackers eth address but he can't do shit with them.
Sebastian Jenkins
IBM had a meeting for internet of environments 9 days ago. Guess who was not in attendance?
Ayden Parker
some anons are begging that VIDT launch a new token and airdrop them but that ain't happening. Its not VIDT's fault that Kucoin got hacked. Kucoin insurance picks up the tab and pays out the VIDT owners in equivalent value.
LET THIS BE A LESSON TO YOU SMOOTH BRAINS, NOT YOUR KEYS, NOT YOUR CRYPTO.
Austin Gomez
A saint bernard.
Logan Martinez
wtf would I guess you are the one trying to prove a point so either say it or neck yourself in minecraft.
Andrew Cooper
Oh no, not a fifth-of a percent of the total daily volume of LINK!
Jaxson Mitchell
Most of these 200 millions are in USDT which can be blocked, BTC and ETH which have the liquidity to absorb this easily and finally random ERC20 that noone gives a shit about.
It's very hard to dump these massive hacked funds on CEX too with all the KYC and shit.
Hacks of exchanges are not as much a big deal as they used to be.
Tyler Reed
Hacks mean nothing these days. There's insurance now, everyone knows how to track illicit wallets, and nobody is worried at all about the entire ecosystem being shut down by feds.
James Allen
But imagine if he market dumped everything at once and caused all the Link used as collateral to be used for liquidation in a flash crash on AAVE!
Ethan Young
>but imagine
but you don't have too. its not going to happen
Evan Hall
If you're not being facetious: it's impossible to make anywhere near that kind of an impact on the price with Aave, especially since they're using LINK's oracles.