By: Christina Comben
Crypto Currency News
According to cryptocurrency intelligence firm CipherTrace’s Q3 Cryptocurrency Anti-Money Laundering report, as of quarter-three, 2018, cryptocurrency thefts had already reached $927 million.
The blockchain cybersecurity professionals identified theft and hacks at platform layers and exchanges to be a major problem, evolving further from its Q2 findings.
In the CipherTrace second-quarter report, the company identified that there were more thefts during the first half of 2018 compared to the entire year of 2017 alone.
Some $731 million worth of cryptocurrency was stolen from exchanges with some of the most notable hacks including that of Japanese exchange Coincheck at $530 million, and BitGrail that lost some $195 million dollars’ worth of tokens.
(THL) $1 billion?
That's nothing!
The Federal Reserve banking system alone has stolen a couple trillion dollars since 2008 by creating that money out of thin air–– not earning it–– and then giving that money to itself.
Crypto Currency News
According to cryptocurrency intelligence firm CipherTrace’s Q3 Cryptocurrency Anti-Money Laundering report, as of quarter-three, 2018, cryptocurrency thefts had already reached $927 million.
The blockchain cybersecurity professionals identified theft and hacks at platform layers and exchanges to be a major problem, evolving further from its Q2 findings.
In the CipherTrace second-quarter report, the company identified that there were more thefts during the first half of 2018 compared to the entire year of 2017 alone.
Some $731 million worth of cryptocurrency was stolen from exchanges with some of the most notable hacks including that of Japanese exchange Coincheck at $530 million, and BitGrail that lost some $195 million dollars’ worth of tokens.
Read the rest at Crypto Currency News.
(THL) $1 billion?
That's nothing!
The Federal Reserve banking system alone has stolen a couple trillion dollars since 2008 by creating that money out of thin air–– not earning it–– and then giving that money to itself.
