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Crypto hacking losses exceeded $1 billion for 2018 – How did they do it?

From leaprate.com

Another day, another report of a hacking loss in the crypto world. Hacking compromises of crypto exchanges have become all too common, even in 2018 after the network has had some time to work through necessary security enhancements. A new report from Cyphertrace claims that “some $927 million had been stolen from cryptocurrency exchanges in the first three quarters of 2018 alone”. Based on these figures, it would be safe bet to say that total hacking losses for 2018 will easily exceed $1 billion. Crypto exchanges are still in their infancy period, mostly un- or under-regulated and evolving independent of common ... (full story)

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  • Category: Fundamental Analysis