Crypto exchange hacks made off with $283M despite security measures

As long as digital assets continue to exist, these entities are always going to be exposed to hack attacks. Also, with computing gradually advancing, these securities get exposed more. In 2019, crypto exchange hacks totaled $283 million, a decrease in its 2018 figure, which totaled $875 million. This is according to a report from a blockchain analysis firm, chainalysis that detailed the total amount of crypto exchange hacks in 2019. Chainalysis report also mentioned that these crypto exchange firms had improved security, a reason the total amount of hack dropped in 2019, unlike 2018. But also, hacking groups are reported