xRocket is recovered, but...

We mentioned that xRocket had been hacked in the early news; however, xRocket doesn't feel the same. According to the official announcement from xRocket News, they were undergoing "technical maintenance," and the maintenance is now completed. However, that's what they said..

We used to be big fans of xRocket's product, but we believe that this is not the appropriate way for a CEX to handle users' assets. CEXs frequently encounter security breaches, but we value the approach and solutions more. Fortunately, the hacker chose to return the funds this time, but what about the next time? Will it be dismissed as "technical maintenance" again? It's difficult to place trust in a CEX under these circumstances.

This article was updated on January 10, 2024