[2016-08-09] How to Secure Bitcoin Exchanges, or Why All Hope Is Not Lost

[tyz]

How to Secure Bitcoin Exchanges, or Why All Hope Is Not Lost

Last week’s Bitfinex hack, in which Bitcoin’s leading exchange lost almost 120,000 bitcoins valued some $70 million USD at the time, represented a depressing realization for the Bitcoin community. Where many had hoped that multi-million dollar hacks and loss of customers funds were a thing of the past, it became clear that storing bitcoins on an exchange is still not as secure as it perhaps should be.

https://bitcoinmagazine.com/articles/how-to-secure-bitcoin-exchanges-or-why-all-hope-is-not-lost-1470764032