The Daily: Security Experts Rank Exchanges by Safety, Malta Dominates Trade Volume
In today’s edition of The Daily, we cover several different reports about the cryptocurrency ecosystem. The first was written by a cybersecurity firm that’s trying to identify the safest exchanges through which to trade. The second report offers a detailed breakdown of the market based on a host of different parameters, while another shows that corporations have abused the term “blockchain” so much that it has become poisonous.
And the Safest Exchange Is…
Group-IB, a Moscow-based cybersecurity firm, has developed a ranking system to grade cryptocurrency exchanges by the level of safety they offer clients. This is meant to provide insurers a way to decide what rates to offer clients that wish to insure their holdings on different exchanges.
“In the first place, we assess how crypto exchanges deal with crypto and fiat assets: what are the exchanges assets keys’ storage and management procedures,” a…
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