Mmastodon BusinessCrypto first seen 3 d ago, last 3 d ago, peak #7
Crypto sector absorbs $6 billion hack without government bailouts
Original: A $6B hack covered without any government bailouts. I don't like altcoins, but that's pretty impressive. And I get the d
Commentators are highlighting that a roughly $6 billion cryptocurrency hack was covered by the industry itself, without any government bailout. One infosec commentator, while dismissive of altcoins generally, called the private-sector response impressive, though critics note disputes over whether funds were truly 'covered' rather than merely 'recovered'.
Why now: unclear
Evidence
- A $6B hack covered without any government bailouts. I don't like altcoins, but that's pretty impressive. And I get the desire to want to correct the difference between "covered" and "recovered", but that rings hollow when it's said by someone who can't/doesn't distinguish… · HexCaptain@infosec.exchange · 1
API: https://socialmediatrends-api.osmike.com/v1/trends/4678749