This New Bitcoin And Cryptocurrency Exchange Can’t Be Hacked

Bitcoin exchange hacks have plagued the cryptocurrency ecosystem since the first platforms for trading were launched in the early 2010s, and these events have caused major public relations issues for the entire crypto asset market. While exchange hacks don’t have anything to do with potential technical problems related to the underlying Bitcoin network, it’s never a good look when millions or even billions of dollars worth of Bitcoin is stolen from thousands of exchange customers in a matter of minutes.

Although the Bitcoin exchange industry has improved its ability to deal with crypto asset security over the years, the threat of another large hack is always looming over the ecosystem. But that could soon change.

One of the main features of Bitcoin is that it’s programmable money, and developers have figured out new ways to build exchanges in ways that do not require users to turn over control of their funds until the exact moment they want to make a trade. One of the new…