Cryptocurrency exchanges harbor various weaknesses in digital security, ICO Rating concludes in its October report, which comes in the wake of

several large-scale hacks, the last one affecting Japanese exchange Zaif.

The DEX Security Report notes that the hack of a single exchange can no longer spread to the entire market, but users can still suffer significant losses.

“Today more than 200 crypto-exchanges offer their services and this number is constantly growing, therefore, the fall or hacking of the one exchange will not lead to a drop in the market, as it could have been before, furthermore many countries are beginning to introduce…

This article appeared first on Cryptovest

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