In this article, Oz will look at what has just happened to the Cryptopia exchange in New Zealand, exchanges in general, and the overall picture of cryptocurrency storage and security. Read the full Cryptopia article here!
At present, there are several hundred cryptocurrency exchanges with some estimates putting the figure at around 600. Due to hacks to date, we have seen $1.3bn of investor’s funds lost. Mt Gox remains the most well-known hack, with the massive $500 million worth of NEM coins from Coincheck being the largest to date. That happened last January.
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