CoinGecko's 2019 Q2 CryptoCurrency Report (My Opinion on It)
First of all I would like to say a good work done by @coingecko for putting up this wonderfulreport on what is going on in this Second Quarter of CryptoCurrency year 2019. If you want to know the full details of the report you can have access to it here:https https://bit.ly/CoinGecko-2019-Q2-Report Just download it and read it.
Cypto Exchanges
From the report they gave an overview of the number of crypto Exchanges and there are 347 exchanges as at 30th June 2019. Within the year 2014 - 2017 they recorded 45 exhcanges and within 18 months there has been an increase in the Exchanges which has increase with 302 exchanges. Which really huge number of Exchanges which has been created on the crypto blockchain. This all make the hackers get more stuffs together to plan against all these crypto exchanges.
And we all can record there was a recent Hack on Bianance and some other exchanges. They also explained how these hacks was been done. the way the hackers planed to hack the exchanges and also how the exchanges dealt with the issue and resolved everything. It got to my attension that most of the links that we get from other emails claiming is from Bianance or some exchange must be checked well before accessing it else they use that approach which is called phising to get more details from the users and use it to attack the exchanges.
Hope we have all heard of the Bianance Dex. This exhcanges was briefly explained in the report and also showed the exchanger which this exhchanger is being built on and the reason why it was being built on. Then they also talked about some countries being blocked from access the Bianance web. I would like to end here and for you to get the report and read more from it.
If you want to join this contest too you can also read the rules of the contest through this post: https://steemit.com/coingecko/@coingecko/win-sp-delegation-share-your-thoughts-on-coingecko-s-2019-q2-cryptocurrency-report.
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