2018: A Record-Breaking Year for Crypto Exchange Hacks

From the number of cryptocurrency exchange hacks, to the amount of assets that were stolen, to the largest exchange hack of all-time, crypto set a lot of records.

Although cryptocurrency continues to become more mainstream, this goes to show awareness around how dangerous it is to keep your crypto on exchanges doesn't seem to be keeping pace.

Hacks are becoming more sophisticated - As cryptocurrency becomes more mainstream, so do its hackers.

2018 saw hackers deploy state-of-the-art attacks, such as social engineering, where they stole identities and pretended to be other people to successfully steal investor's crypto assets.

To combat the smartest hackers in the world, crypto asset owners need the most sophisticated security technology available.

Each day $2.7 million is stolen from exchanges - The amount of stolen cryptocurrency from exchanges in 2018 has increased 13 times compared to last year.

With a record number of hacks in 2018, the need for security is clearer than ever before - As we look to 2019, we can expect more enterprise security solutions to come to market.

Crypto investor credentials on exchanges are also a massive security threats.

If your email gets compromised, you can usually kiss any crypto wallets you have on exchanges goodbye.

Don't use a cryptocurrency exchange for long-term storage.