Post
Topic
Board Exchanges
Re: Many cryptocurrency exchanges are vulnerable to breaches.
by
carlfebz2
on 05/10/2018, 15:36:04 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/


High score or Low score the chances of getting breached or hacked wont really be avoided.We don't know on how they do perform such testing when it comes to exchange security yet we have known
that there is no single way on how to hack or breach exchangers. Hackers are capable on things on we do least expect so therefore theres no assurance about 100% safety.
When we deposit on exchangers then you are already tied up with that kind of risk then you should be ready anytime.