It seems like the $5M question is whether Stamp has spare BTC to cover the loss, or do they have to buy some of those 18K btcs in the market to return back to their users.
If they make everyone whole and swallow the loss, I wonder how Stamp users will feel? Do you switch because they were hacked, or do you stay loyal because they made everyone whole even after they fucked up. I mean shit happens, its nice to know that they are willing to take a hit to preserve their users' funds (like Blockchain did when some of their wallets were hacked).
If they make everyone whole and swallow the loss, I wonder how Stamp users will feel? Do you switch because they were hacked, or do you stay loyal because they made everyone whole even after they fucked up. I mean shit happens, its nice to know that they are willing to take a hit to preserve their users' funds (like Blockchain did when some of their wallets were hacked).
How much do they make each day on average? Bitstamp's a ripple gateway in addition to a bitcoin exchange, so it makes money off the ripple system and people trading bitcoins.
The article link below is about the first day OKCoin.com beat Bitstamp by transacting nearly 16,000 BTC, compared with Bitstamp’s ~14,700 BTC and Bitfinex’s ~15,100 BTC.
https://www.cryptocoinsnews.com/okcoin-com-had-higher-daily-bitcoin-volume-than-bitstamp-and-bitfinex-today/
I cannot remember exactly what fees Bitstamp charges, but if it's trading volume is ~14,700 BTC daily, then it must have earned far more than $5 million this year.
So that's what happened? Officially? Hackster got the hot wallet??