Vulnerable to breaches: One third of bitcoin trading platforms have been hacked and nearly half have closed.
NEW YORK: When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about US$70mil (RM283.6mil) worth of the virtual currency.
The cyber theft – the second largest by an exchange since hackers took roughly US$350mil (RM1.4bil) in bitcoins at Tokyo's MtGox exchange in early 2014 – is hardly a rare occurrence in the emerging world of crypto-currencies.
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