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Can You Store Your Bitcoin Without Fear Of Hacks?



When you invest in Bitcoin or any other cryptocurrency, you are faced with several options on where you can store it to keep it safe, but the question has to be asked as to whether you can really keep your crypto safe? In an industry that is threatened by hacks and theft, what do you need to do to rest easy, knowing your Bitcoin is safe?

Over the years, exchanges have been hacked or compromised which has seen hundreds of thousands of dollars worth of cryptocurrency stolen from people’s accounts never to be seen again, this is due to the decentralised manner of the cryptocurrency and the fact that stolen funds are often impossible to trace.

Hacking has been a major problem in cryptocurrency circles ever since Bitcoin was introduced in 2008. There have been hacks and problems even before Bitcoin reached its all-time high of $20,000. This isn’t to do with the growing popularity of Bitcoin, no, it’s more to do with the fact that crypto criminals are becoming more and more…



Read Full Story : Crypto Daily™

2019-02-13 16:00:00

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