Post
Topic
Board Exchanges
Re: Many cryptocurrency exchanges are vulnerable to breaches.
by
metalglowd
on 03/10/2018, 14:35:21 UTC
We all have heard about the hacks on many exchanges with millions
of dollars being lost. Despite this many exchanges still haven't improved their security.

ICOratings.com published a list of exchanges according to their security score.

  • Coinbase pro has scored the highest with 89/100
  • Okcoin.cn is placed at the bottom with a score of 15/100.

Cryptocurrency has changed significantly since the inception of Bitcoin, but the number of
security breaches on exchanges remains unaltered.

https://news.bitcoin.com/54-of-cryptocurrency-exchanges-have-security-holes/



this is the problem that cryptocurrency continues to face, new exchanges are more vulnerable than well-known exchanges, such as Binance, Bittrex and others. however, people prefer new exchanges because they generally do not need KYC when they withdraw their coins