Why not to store cryptocurrency exchanges? Response statistics

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2018-10-16 19:15:10

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Why not to store cryptocurrency exchanges? Response statistics Source:

A Blockchain and cryptocurrencies attract a lot of attention, and the security of kryptomere there are more questions. The Agency ICORating conducted a detailed study that showed the vulnerability of some exchanges to hackers. The results are disturbing.

How secure crypto currency exchange?

As recent events have demonstrated, the breaking of the exchange, users almost always lose their money. In most cases, successful break-ins were associated with a low protection level of the platform, not the direct theft of account data. Not so long ago, hackers broke into the Japanese exchange Zaif and stole cryptocurrencies for $ 59 million.

The Study revealed the vulnerability of even the whales of the industry. For example, one of the largest sites Binance scale security took only 17th place. The most secure exchange proved to be Coinbase, followed by Kraken and BitMex.

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What's wrong with cryptobinary?

More than half of the exchanges are not protected from hackers and possible data leakage. Of the hundreds tested exchanges only 4 per cent showed a good degree of protection. While almost half have security holes, especially in the procedure of registration of accounts. Main flaw – the lack of 2FA and registration confirmation by email, ability to use short, simple passwords (minimum 8 characters) and disposable email addresses.

Every third exchange there are problems with CSS and Javascript on pages. It seems okay, but such errors can lead to data loss, especially when carrying out transactions.

Some exchanges do not provide for the security of its own domain. Only 10 percent of the exchanges in use protection against DNS attacks (DNSSEC), only 2 percent of the exchanges has a castle domain. That is, all the rest of the exchange can easily erase their domain names.

Of Course, your money and your private keys should always keep to yourself – it's not news. These types of surveys once again confirm this rule. So don't risk status and store cryptocurrency correctly. Detailed instructions are in .

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