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How Bitcoin's popularity draws hackers into red-hot cryptocurrency space

Digital currencies have quickly grown into a more mainstream asset class

Reuters  |  New York 

Bitcoin's popularity and the emergence of about 1,500 other digital coins or tokens have drawn more hackers into the red-hot cryptocurrency space, expanding opportunities for crime and fraud, cybersecurity firm Digital Shadows warned in a report on Thursday. "Cybercriminals follow the money and right now they see in the unregulated and largely unsecure world of digital currencies a huge opportunity to target people, businesses and exchanges and make money quickly and easily," said Rick Holland, vice president of strategy at Digital Shadows. Digital currencies have ...

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First Published: Fri, February 02 2018. 11:53 IST
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