Cybersecurity Firm Ranks Safety of Top Crypto Exchanges


Russian cybersecurity firm Group-IB has graded top crypto exchanges by their security in order to value risk insurance.

Prominent cybersecurity firm Group-IB has graded the security of top crypto exchanges, U.S.-based tech news media the Next Web reported Tuesday, Nov. 6.

According to research conducted by the Moscow-based firm in partnership with crypto asset insurance platform CryptoIns, the Kraken platform is the safest crypto exchange. In contrast, OKEx — the now-second crypto exchange by daily trade volume — as well as Huobi Pro and CoinCheck are the riskiest crypto trading spots, the report says.

Per the Next Web, Group-IB made its determinations with a newly developed assessment system that calculates insurance premiums to cover cryptocurrencies held by major exchanges.

CryptoIns, which is supported by Swiss insurance broker ASPIS S, is now offering its insurance services to dozens of major…



Read Full Story : Cointelegraph.com News

2018-11-08 00:54:00

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