Can a $2m Incentive Help Buglab Enhance Cryptocurrency Exchange Security?

Colleagues, the Coincheck, Bitgrail, Coinsecure and Coinrail cryptocurrency exchanges have all fallen victim to cybercrime thefts in 2018 alone. So what can be done to increase exchange security and bolster both crypto trader and investor confidence? Well, our friends at Buglab holding a hacking contest to uncover vulnerabilities in their platforms with a $2m BGL token prize. They are an Ethereum-based platform which helps exchanges around the globe resolve security weaknesses in digital solutions such as web apps, DAPPS, smart contracts and IoT. Major software and IT vendors such as Google, Apple and Microsoft commonly hold such security bake-offs to stress-test the integrity of their solutions. Crypto exchanges are often believed to be the weakest link in the emerging cryptocurrency ecosystem. The key question is which bugs can be identified combined with strong mitigation techniques? Share a comment visit us today! Lawrence – Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com/)