How Secure Is Bitcoin Really?

If this isn’t peak bitcoin, I’m not sure what is. This week saw a staggering price run ($17,000!!!) along with wall-to-wall media coverage, and was capped off by the CEO of Coinbase—whose core business is bitcoin—telling people to calm down and invest responsibly.

In the midst of the mania came a report that a bitcoin business had been hacked, and that crooks had emptied its digital wallets to the tune of over $60 million. The incident served to give more grist to a common criticism by bitcoin hackers—that the digital currency is somehow insecure and vulnerable to hacking.

But is it really? In a story titled “5 Ways Bitcoin is Stolen“, I took a closer look at various incidents of theft over the years and came to a simple conclusion: […]

Read Full: How Secure Is Bitcoin Really?