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by robinhoode 4497 days ago
No one has found a bug in the protocol that breaks bitcoin itself. What is under attack are the layers on top of bitcoin, in this case the exchanges. We will see more exchanges who make an effort to prove they are solvent, likely via technical methods.

Put another way, some businesses running on bitcoin are still operating like ordinary fiat businesses (e.g. fractional reserve of bitcoin). They will be replaced by those that can leverage the blockchain, for it's security, and therefore maintain a higher level of trust.