Following the July 10 DDOS and CC attacks at OKCoin , the topic of socialized losses and the negative impact they have on trader’s accounts has come to light again. On Friday, OKCoin announced a 55% socialized loss on the futures contract for Litecoin. “Above all kinds of attacks, the toughest challenge is defending DDoS attacks.” — Zhou Minghao, Huobi Director of Security Last year BitVC suffered losses of 47% — and quite a […]
