Bitcoin Forum

Bitcoin => Press => Topic started by: TwoTimes on June 12, 2017, 02:56:57 AM



Title: [2017-06-10] As Bitcoin’s Price Rises Security Shouldn’t Be Taken for Granted
Post by: TwoTimes on June 12, 2017, 02:56:57 AM
Recently there have been numerous reports of people losing their bitcoins to hackers and malware as bitcoin’s price continues to grow in value. It is safe to assume that organizations and individuals trying to steal people’s bitcoin reserves will persistently increase because the decentralized cryptocurrency becomes more valuable to thieves.

At the time of writing one bitcoin is worth roughly $2900 as it has become a treasured digital asset. While bitcoin’s value has increased the number of people losing money to malware attacks and hackers cracking bitcoin accounts usually follows the price rise in unison. Just recently Cody Brown, founder of the virtual reality community Roomscale.org, lost $8000 worth of bitcoin held on Coinbase.

Read More Here >>>https://news.bitcoin.com/bitcoins-price-rises-security/