Crypto Centz Podcast

When cold storage goes bad...137 million dollars bad


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Imagine you lose 137 million dollars because you forgot or lose your passwords for your offline wallet. Well a cryptocurrency exchange in Canada has lost control of at least $137 million of its customers’ assets following the sudden death of its founder, who was the only person known to have access to the offline wallet that stored the digital coins. British Columbia-based QuadrigaCX is unable to access most or all of another $53 million because it’s tied up in disputes with third parties. https://arstechnica.com/information-technology/2019/02/digital-exchange-loses-137-million-as-founder-takes-passwords-to-the-grave/ Check out our sponsors as well Squarespace.com/listen put in coupon code LISTEN and get 10% off on your next purchase.
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Crypto Centz PodcastBy Carlton “CO2” Owens

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