MARKETS
Crypto Investing Comes With a Big Risk: The Exchanges
Recent hacks show the vulnerability investors can face when buying speculative tokens on startup exchanges
By Paul Vigna
March 3, 2018 7:00 a.m. ET
Cryptocurrency traders are learning that where they buy and sell digital tokens can be just as risky as choosing a coin or picking a price.
Investors have lost more than $700 million this year in hacks of two major cryptocurrency exchanges. The thefts at Florence, Italy-based BitGrail and Japan’s Coincheck bring total investor hacking losses since 2014 to around $1.4 billion, according to a Wall Street Journal review of recent hacks.
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Crypto Investing Comes With a Big Risk: The Exchanges
Recent hacks show the vulnerability investors can face when buying speculative tokens on startup exchanges
By Paul Vigna
March 3, 2018 7:00 a.m. ET
Cryptocurrency traders are learning that where they buy and sell digital tokens can be just as risky as choosing a coin or picking a price.
Investors have lost more than $700 million this year in hacks of two major cryptocurrency exchanges. The thefts at Florence, Italy-based BitGrail and Japan’s Coincheck bring total investor hacking losses since 2014 to around $1.4 billion, according to a Wall Street Journal review of recent hacks.
...
TO READ THE FULL STORY
SUBSCRIBE
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