Are cryptocurrency exchanges a target for hackers?
In the realm of digital finance and cryptocurrency, the security of exchanges often stands at the forefront of discussion. Given the vast sums of money flowing through these platforms and the intangible nature of digital currencies, are cryptocurrency exchanges truly a prime target for hackers? With the rising prevalence of cyberattacks and the ever-evolving landscape of cybercrime, it begs the question: Are these exchanges adequately protected, or are they sitting ducks for determined hackers seeking to exploit weaknesses? Understanding the security measures implemented by exchanges, as well as the motivations and techniques employed by hackers, is crucial in assessing this question.