There seem to be no minimum standards required to set up an exchange.
As Bitcoin evolves, people will only trust exchanges which have established processes in place.
Topic: [2016-08-03] The number of exchanges hacked this year may surprise you (Read 340 times)
August 04, 2016, 11:40:24 AM
August 03, 2016, 11:30:24 AM
Well, 10 out of 170 hacked is not a sizeable number, but what makes this problematic is the fact that these hacks are being blown out of proportion by the media, every time that it happens. Example :
http://www.nytimes.com/2016/08/04/business/dealbook/bitcoin-bitfinex-hacked.html?_r=0 .... So yes, it's common, but not in any way more news than the millions that are being hacked from online
banking, which hardly gets news coverage these days.
http://www.nytimes.com/2016/08/04/business/dealbook/bitcoin-bitfinex-hacked.html?_r=0 .... So yes, it's common, but not in any way more news than the millions that are being hacked from online
banking, which hardly gets news coverage these days.
August 03, 2016, 10:37:21 AM
There is a reason why people call bitcoin “Gold 2.0,” which has become the target of hackers worldwide with one purpose – to steal bitcoin for profit. Bitcoin holds many properties which makes it valuable, with the global market capitalization growing to a current value of $8 billion USD.
Read more: http://bitcoinx.io/news/articles/the-number-of-exchanges-hacked-this-year-may-surprise-you/
Read more: http://bitcoinx.io/news/articles/the-number-of-exchanges-hacked-this-year-may-surprise-you/
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