Cryptocurrency exchanges Security Vulnerabilities
There are approximately 130 cryptocurrency exchanges around the globe today. Most are based in Asia. They’ve existed in a foggy no man’s land of oversight that banks only dream of. Because of the trans-national locations of these entities and the diverse composition of investor nationalities, regulatory oversight of cybersecurity standards has been virtually non-existent. For instance, the South Korean cryptocurrency exchange Coinrail confirmed that it was hacked in June 2018. According to the local news agency Yonhap, the hack resulted…