Tag: Altsbit

What We Have Learned From The Altsbit Hack

Last week Altsbit, a centralized crypto exchange based in Italy, announced that it had been breached, and it would be closing down after losing most of the user funds it held, including BTC, ETH, ARRR, and VRSC. Even though a small part of the funds stored in cold wallets was left untouched, the hack effectively ended the life of the exchange, which was only a few months old.  In total, …
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