6 Cryptocurrency Risks and Threats in 2021 (Update)
6 Cryptocurrency Risks and Threats in 2021 (Update) Data Breach In early March, the Trident Crypto Fund data breach exposed more than a quarter of a million passwords along with email addresses, cell phone numbers and IP addresses. The stolen passwords were encrypted, but the hackers managed to decrypt them and publish them online. This incident shows one of the main vulnerabilities of Bitcoin and other cryptocurrencies. Cryptographically secured and chain-backed currencies may be perfectly secure, but intermediaries are not. Thus, stealing these digital assets is still possible. Crypto exchanges, online payment systems, and other financial service companies offering cryptocurrency-related services need to employ high-level data breach security solutions to address the threats posed to digital currencies. They are a prime target for cyber thieves targeting digital assets and malicious players seeking to discredit cryptocurrencies. Crypto Mining Threats Cryptojacking may slow down with ...