Sentences with phrase «profile exchange hacks»
One OTC trader said that high - profile exchange hacks help increase business for cryptocurrency trading firms, according to Reuters.
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Previous exchanges have of course been subject to high profile hacks; however, it is important to note that while these were cryptocurrency exchanges, they were not truly decentralized.
«Very little needs to happen before that bubble might burst, such as the introduction of more regulation or another hack of a major cryptocurrency exchange,» Salami says, referring to the hacking of a high - profile digital currency exchange in Seoul, which went bankrupt in late December.
Two high - profile hacks aside, Bitfinex offers more security protections for the user and takes more security precautions than most exchanges.
Bitstamp has come a long way since its relatively high - profile hack in 2015, with the exchange using a variety of measures to ensure that accounts remain safe.
There have been a number of high profile hacks in recent years of Bitcoin exchanges.
With the size of the cryptocurrency market today, combined with the number of high profile hacks on crypto exchanges, there is a clear market need.
OTC trading is seen as attractive to many after the high - profile theft, and other hacks have plagued exchanges.
NEM now has a market cap of $ 4.3 billion, a mark that has allowed it to sneak back into the ninth position in the market cap rankings nearly two months after being expelled from the top 10 in the wake of the high - profile January hack of cryptocurrency exchange Coincheck.
Part of the reason Bitcoin was up today is that Coincheck, a crypto exchange that suffered a high - profile hack back in January, was rumored to be subject of a bid from Japanese online brokerage firm Monex.
Earlier this month, Japan's 16 licensed cryptocurrency exchanges announced that they were forming a self - regulatory body — a move that came in response to the high - profile hack of Tokyo - based exchange Coincheck, which has still yet to receive regulatory licensure.