By Felicity Duncan
Another crypto exchange has been hit by hackers – Japanese start-up Tech Bureau reported that $60 million-worth of bitcoin and other cryptocurrencies were stolen last week Friday, when hackers illegally accessed its Zaif crypto exchange.
This is just the latest example of the serious weaknesses abounding in the crypto eco-system. While cryptocurrencies themselves can be held with a relative safety in encrypted digital wallets, anyone wanting to buy or sell the tokens must use an exchange like Zaif, where security is much weaker.
___STEADY_PAYWALL___
Yet another reason (as if we needed one) to avoid the crypto market, at least until there are some basic safety systems in place.
In Premium today, you can read all about the latest UK KPMG boycott and you can find out why Apple has switched to a new, smart pricing strategy.
