In the cryptocurrency world, exchanges remain a very profitable target for hackers and other types of criminals. In the case of QuickBit, a Swedish trading platform, a data breach took place, albeit it seems no money was stolen in the process. This is another stark reminder for users to not keep big sums of money on any crypto exchange for an extended period of time. Convenience should never trump security in this industry. 

QuickBit Confirms the Oopsie

It is not the first nor the last time a cryptocurrency exchange will face some trouble down the line. These trading platforms control a…

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Author: JP Buntinx


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