Bug Bounties a Possible Solution to Cryptocurrency Exchange Hacks

BeInCrypto –

August has been a big month for hacks as one of the biggest in cryptocurrency history was pulled off on the Poly Network, with strange results.

The cyberattack against the Poly Network has made headlines with several bizarre twists and head-scratching turns. It might be imagined that plundering cryptocurrency exchanges is easier than robbing a bank. 

High-stakes cryptocurrency thefts are seemingly on the rise. However, it is essential to point out that these decentralized technologies are still evolving since their inception. Like with any system, when vulnerabilities are discovered, they’re fixed.

This story was seen first on BeInCrypto Join our Telegram Group and get trading signals, a free trading course and more stories like this on BeInCrypto