Questions About SWAP.BTC on Hive-Engine
(Edited)
A while back (six months or so?), Hive-Engine was hacked and reportedly a bunch of HIVE (or was it SWAP.HIVE?) along with Bitcoin was taken. IIRC, a week or so later the HIVE was returned. But I don’t recall anything about the Bitcoin being returned. Did that happen and I just missed it?
Also, SWAP.BTC notes that it’s “BITCOIN backed by the steem-engine team” but what exactly does that mean? Is there any actual Bitcoin backing it?
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In theory, it's supposed to be because you are technically allowed to withdraw that as BTC into your wallet.