The Number of Exchange Heists is Growing

Exchange heists

We are through the first half of 2018 and already Reuters has estimated that there has been roughly $761 million worth of cryptocurrency stolen from exchanges. The number of exchange heists is growing.

This is an increase of nearly three times the amount stolen from exchanges last year— $266 million, and it seems the battle is not over, as CipherTrace estimates that that figure could rise to $1.5 billion by the end of 2018.

The rise in theft has been significant since 2012, with the most recent being the digital robbery of two South …

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