Bithumb, fourth largest cryptocurrency was recently hacked. This came to light when their users start complaining over the social media that they lost their Ether and Bitcoin. Bithumb later admitted the hack and promise to refund it users. Hacking has been big concern in the crypto world. This is a big lesson for us all, if you know how to trade crypto,then you should know how to keep them safe.
Please read full story here: https://www.bleepingcomputer.com/news/security/fourth-largest-cryptocurrency-exchange-was-hacked-users-lose-ethereum-and-bitcoin/
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But if you do trade cryptocurrency and you don't know how to keep them safe then one thing you should research is a cold storage device. The cold storage will allow you to keep your currency offline. It is recommended that if you're trading anything over $300 that you leave it on the Exchange online briefly. Once you are done with Trading then you may want to remove it and put it on a ledger Nano s or something like it to keep it safe. These devices can be found on Amazon and other online stores for about 80 bucks.
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Thanks for sharing.
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I agree with this. Cold storage. Hacking and theft are here to stay and in my opinion, unfortunately, part of the plan.
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Cold Storage Device is definitely the best option. Trade Safe.
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