- Increasing digital currency valuations have led to a spike in scams and hacks.
- The lack of government regulations/monitoring of cryptocurrency exchanges has allowed hackers to get away with stealing billions.
- The $450 million of bitcoin stolen during the Mt Gox exchange hack (2014) would be worth about $7 billion at current bitcoin exchange rates!
The Speed of Crypto Hacks is Picking Up
(06/19/2018)