There are a lot of concerns regarding cryptocurrency. The mounting number of hacks and scams need to be addressed. Keeping Bitcoin investments safe has never been more important than today and requires some personal responsibility.
A Rough 2018 for Bitcoin Users
Anyone storing their cryptocurrency in a wallet they do not fully control is at risk. This became painfully evident yet again with the Coinrail hack. Although no bitcoins were stolen, it is a clear warning sign as to how things will need to change. Additionally, the Coincheck hack earlier this year also pointed out major flaws. Storing funds on an exchange is convenient, but it also leaves the door wide open to hacks.
In fact, experts expect hackers to continue to target cryptocurrency exchanges. It is a high risk-high reward situation, but one that can be worth it for criminals. After all, the rewards can easily go as ...
Hackers Targeting Exchanges Will Force Consumers to Protect Their Bitcoin Investments