Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: sirty143 on October 18, 2018, 06:31:30 PM

Title: African Cryptocurrency Exchanges Forced to Step up Security
Post by: sirty143 on October 18, 2018, 06:31:30 PM

Cryptocurrency exchanges in some of Africa’s biggest bitcoin markets have been forced to rethink their security to thwart persistent attacks from hackers, a trend that has troubled trading platforms all around the world. Exchanges in the African continent have been relatively unscathed, suffering scant losses amidst the $930 million that’s been stolen from global exchanges so far this year, according to data by U.S. cyber security firm Ciphertrace. See more for yourself here (https://news.bitcoin.com/african-cryptocurrency-exchanges-forced-to-step-up-security/).

Title: Re: African Cryptocurrency Exchanges Forced to Step up Security
Post by: pelana vreo on October 19, 2018, 07:19:37 AM

The security system for centralized exchanges needs to be improved, we can see that many exchanges hacked like Binance and HITBtc have been hacked, now they have improved the security system and I think we as traders do not store crypto assets in the exchange wallet.