Pricey bit­coin tar­get of hack­ers

The Northern Star - - NEWS -

BIT­COIN investors are be­ing warned about the po­ten­tial of hack­ers as the cryp­tocur­rency’s price surges. Be­cause bit­coin trans­ac­tions are ir­re­versible, if hack­ers get their hands on investors’ hold­ings, vic­tims will not be able to get a re­fund. Mal­ware ex­pert Alexey Malanov said cy­ber­crim­i­nals used var­i­ous meth­ods to get their hands on the cryp­tocur­ren­cies. “There have been sev­eral huge hacks of cryp­tocur­rency ex­changes and the trend will only con­tinue,” he said. He ad­vised bit­coin own­ers “not to store their money on ser­vices”.


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