UK worried about crypto exchange hacks

How Hackers Steal Your Crypto Without You Knowing… And How to Prevent it. – George Levy

Hacks of cryptocurrency exchanges that thundered this month alarmed users a new financial instrument. The fear of working with such sites must be addressed through improved security. This is what the British crypto community thinks. They focused on eliminating threats that can cast another shadow on cryptocurrencies.

Iqbal Gandham, Chairman of CryptoUK, believes that to ensure security today, about 90% of all user savings should be kept exclusively in cold storage mode. At the same time, the specialist added that at the moment serious work is underway to improve the level of safety..

Loss of trust becomes an additional problem. The fact is that the problem of the safety of funds has been very acute since the very inception of cryptocurrencies. After a sufficient amount of time, as many as two incidents related to the theft of large sums from the open spaces of safe, according to representatives, exchanges, cannot but inspire concern..

UK worried about crypto exchange hacks

Meanwhile, another problem in the crypto world was the Sia Mining Malware virus, which has already infected more than 100 thousand computers..

text: Evgeniya Likhodey, photo: Visual Hunt

UK worried about crypto exchange hacks

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