Global: Over Half of All Crypto Exchanges Have Security Vulnerabilities: Report

CCN

A recent report from ICO Rating has found that only 46% of cryptocurrency exchanges meet the desired security parameters with the remaining 54% considered to have sub-par security measures in place, leaving hundreds of thousands of traders and investors exposed. The sample group of exchanges contains 100 exchanges all of which have a 24-hour volume of over $1 million. A total of $1.3 billion has been stolen from hacked cryptocurrency exchanges since 2010, and yet it still seems that exchange operators are failing to take security seriously.

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