
How serious is cryptocurrencies security problem?
A December 2017 report, completed by Ernst & Young (EY) detail just how big of a security problem cryptocurrency is currently facing. Researchers for EY collected data on 372 different initial coin offerings (ICOs), between 2015 through to 2017 and discovered that over 10% of all ICO proceeds are stolen by hackers. What does that 10% mean in terms of dollar value? An incredible $1.5 million per month stolen by hackers. Additionally, hackers are also getting away with perso