Cryptocurrency and ICO news 08.06.2018

$ 1.1 billion in crypto has been stolen in H1 2018

According to a study, completed by Carbon Black Security, almost $1.1 billion has been stolen in the first half of 2018. Carbon Black Security strategist Rick McElroy, who was interviewed by CNBC, said that it is easy and cheap to do for some experienced engineers, which are usually stand behind most of the thefts. Moreover, exchanges were the most popular target for cybercriminals this year, making up 27 percent of attacks.

The main problem is that ryptocurrency holders do not have institutional support to protect their savings or cover their losses in case of a fraud or hacker attacks.