Crypto Exchanges Are Being Hacked By Hackers Who Want To Cash In

in #gjdkhls11 months ago

From hackers to scammers, there are many ways to make your money disappear. And the situation is getting worse. According to Reuters, in 2018, nearly $1 billion in cryptocurrency was stolen from exchanges.

It's a problem that will get worse if investors don't take precautions, experts say. If you don't take care of yourself and your security, you're going to be hacked, said Rob Graham, CEO of Erratasec and crypto-cybersecurity expert.

Attacks vary widely: sometimes it's the wrong password or weak encryption. Other times, it's because hackers exploit vulnerabilities in software systems to steal information about private keys that unlock the contents of wallets, which they then sell on the darknet market as stolen coins or trades. on public exchanges for profit.

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