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    WHY ARE CRYPTO EXCHANGES VULNERABLE TO HACKS?

    Feb 02, 2018 2 minutes

    Blockchain technology can make transactions safe and secure, but crypto-currency exchanges that trade bitcoins and other virtual currencies that are based on this technology have been hacked because they are not working on secure networks, experts say. Late last week, the Tokyo-based Coincheck exchange reported a 58 billion yen ($530 million) loss of crypto currency due to hacking. The Coincheck exchange has halted trading of the stolen currency, NEM

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