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Security Matters: Failures Of Top Crypto Exchanges

Since the very inception of cryptocurrency, the online platform of exchanges has been something akin to a battleground. There goes on about a million transactions per day, and each one in itself holds a certain risk factor. No exchange present till date can be labeled entirely immune to the notorious hackers and malware targeting their crypto funds.

To actually assess how much loss one can suffer if an exchange falls victim to hackers or malware, let us look into some notable cases of exchange hackings. These biggest mistakes made by others taught us powerful lessons and helped us develop our BTCNEXT, a next-gen crypto exchange that gives paramount importance to security with its state-of-the-art features. It offers reliable systems to its users, thus safeguarding their funds, something which other exchanges have failed to do time and time again.

Exchanges are soft targets for hackers

Cryptocurrency exchange hacks are a growing problem with the loss of funds due to these…

Read Full Story : Crypto Daily™

2019-05-16 12:30:00

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Written by Cryptodaily

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