On 2 August, Bitfinex, the largest cryptocurrency marketplace (apart from zero commission exchanges), was hacked. 119,576 bitcoins are stolen, which at the moment amounts to $65 mln.
You do not need to be exposed centralized exchanges !
I wrote an article detailing this, two days ago.
Unfortunately, it did not reach enough people..
I have also been writing a guide explaining how to convert crypto to fiat (why one would want to do that is a different matter), so few people know that this is possible today.
Here it is (work in progress):
It is so frustrating that steemers lost money with the bitfinexit fiasco! It was not the first and it will not be the last.