cryptocurrency exchange security Tag

  CryptoIns is a new online insurance service based in Switzerland. In October, the company launched a service providing insurance for investors holding assets in 24 cryptocurrency exchanges and wallets, although that number is expected to grow. Together with...

At the same time the New York State Attorney General issued a 42-page report with concerns about cryptocurrency exchange security and investor protection, Japanese cryptocurrency exchange Zaif was hacked for $59.7 million earlier this week. The loss was...

  In 2017, the number of compromised accounts on cryptocurrency exchanges increased by 369% in comparison with 2016 and that number jumped to 689% in January 2018. New research by cybersecurity firm Group-IB shows the US (34.3%), Russia (10.5%), and China (5.0%) were the...

  Thefts from cryptocurrency exchanges tripled in the first six months of 2018 compared with all of 2017 according to a new report from cybersecurity firm CipherTrace. The report shows that more than $761 million was stolen from digital...

  Late Tuesday night, South Korean cryptocurrency exchange Bithumb was hacked, resulting in the loss of an estimated $31.5 million in customer cryptocurrency. As soon as it learned of the breach, Bithumb moved quickly to stop deposits, withdrawals and...

  A new research study shows that 71% of cryptocurrency exchanges are heading for a train wreck when it comes to password security.   The research report by Dashlane Inc, a New York City marketer of password-management software looked at...

  [caption id="attachment_5172" align="alignleft" width="233"] Security cameras captured would be robbers at Ottawa cryptocurrency exchange[/caption] Add robbery at gunpoint to the list of problems and challenges faced by cryptocurrency exchanges.   Ottawa, Canada exchange Canadian Bitcoins faced a brazen bitcoin robbery attempt...

  [caption id="attachment_5149" align="alignleft" width="300"] Coincheck CEO Koichiro Wada (left) and COO Yusuke Otsuka try to explain $532 million cryptocurrency exchange theft.[/caption] Japanese regulators had warned Coincheck about the risk of storing cryptocurrency in hot wallets in September 2017,...

  In the latest appalling cryptocurrency exchange security failure, Japan’s Coincheck lost $532 million in NEM coins which were stolen by unknown people Thursday evening.   It marks the biggest cryptocurrency exchange ever since Mount Gox in 2012.   No theft details...