Important Update: TIO/TIOx Fork
Contents
As you may have heard, trade.io suffered, then effectively contained, a security breach over the weekend. Details of the breach are outlined here: https://medium.com/@trade.io/trade-io-effectively-contains-breach-of-cold-storage-wallet-and-protects-tio-holders-f4a7947c3db4
In order to protect all TIO holders, management has decided to fork TIO. The name of the forked token will be Trade Token X with the ticker TIOx. The fork will occur on 24 October 2018 by end of day New York time. TIOx will begin trading on 31 October 2018 exclusively on trade.io exchange, with the exact time to be announced.
Given the fact that TIO was traded on multiple exchanges outside of trade.io, and some have been helpful in assisting trade.io, while unfortunately others have not with respect to containing the breach, we had to devise a customized approach to reduce the impact as much as possible on TIO holders and make sure everyone is treated fairly.
As a result TIO holders are being broken down into …
In order to protect all TIO holders, management has decided to fork TIO. The name of the forked token will be Trade Token X with the ticker TIOx. The fork will occur on 24 October 2018 by end of day New York time. TIOx will begin trading on 31 October 2018 exclusively on trade.io exchange, with the exact time to be announced.
Given the fact that TIO was traded on multiple exchanges outside of trade.io, and some have been helpful in assisting trade.io, while unfortunately others have not with respect to containing the breach, we had to devise a customized approach to reduce the impact as much as possible on TIO holders and make sure everyone is treated fairly.
As a result TIO holders are being broken down into …