RATE Group | Safeguarding Investments: Cryptimi.com Offers the Solution
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Safeguarding Investments: Cryptimi.com Offers the Solution

Safeguarding Investments: Cryptimi.com Offers the Solution

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Safeguarding Investments: Cryptimi.com Offers the Solution

Anyone venturing into the digital currency scene understands the significance of performing analyses to evaluate potential gains. Security breaches and hacking are a constant risk when it comes to the realm of cryptocurrencies.

Nevertheless, the level of security and protection offered by the trading platform chosen is often overlooked. Consequently, this oversight has so far resulted in a loss of approximately $4.26 billion. Whenever scammers or hackers are successful in their fraudulent practices, this results in an average loss of $43 million.

2 Notorious Cases where Security Failed

Reputability and popularity do not guarantee protection from malicious behaviour. To fully understand the gravity of fraudulent activity and security breaches, one must keep in mind some of the most infamous security failures in recent history.

1. Bitfinex

Loss: 120,000BTC or $72 million in assets (2016)

Considered as one of the most prominent cryptocurrency exchanges…

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