Topic: Why are bitcoin exchange operators so inept? - page 3. (Read 4331 times)
It's an economic problem. A startup company wants to reduce costs as much as they can. In the case of Bitcoin exchanges, that means forgoing security audits, insurance and bonding in order to get something out now. The users don't notice security problems because these involve back end processes that they never directly engage with. In any event, these startups are paying the price for cutting corners handling other people's money. And the users are paying the price for leaving significant sums of money in an account that has no auditing and no insurance.
One hack after another...
It's getting quite tiresome.
It's getting quite tiresome.
Didn't you know the most profit is produced if you hack your own site or claim a hack happened and then close up shop?
Seems to be a trend.
Wild wild west! :/
It's getting hard to believe too.
One hack after another...
It's getting quite tiresome.
It's getting quite tiresome.
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