News of a $190 million cryptocurrency theft emerged this week, despite cryptocurrencies being designed to be unhackable. Here’s the low-down on what is going on and how safe bitcoin or other cryptocurrencies are
Technology
5 August 2022
By Matthew Sparkes
Big cryptocurrency heists are raising concerns about whether digital currencies are safe to invest in. It emerged this week that US cryptocurrency firm Nomad has been hit by a $190 million hack and trading service ZB Exchange has paused withdrawals after a suspected $5 million loss to hackers. A similar amount was stolen from Solana wallets, and just two months ago, a group thought to be based in North Korea is believed to have siphoned off $100 …
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