Crypto-currency Ecosystem: wakeup call for investors & Holders
The Crypto-currency Ecosystem has continued to take some major hits recently, causing many investors and holders to rethink the way they trade their crypto assets.
Yet, as the total market capitalization of cryptocurrencies continues to increase (now above $4 billion), the most recent Coin-check hack may finally be a wakeup call for crypto investors and holders.
As the permeability of centralized crypto currency exchanges is becoming more and more apparent to the crypto currency community, some are looking to alternatives in the form of decentralized exchanges.
"In a way, centralized exchanges act as a bank, broker and clearing house because they hold all your money and charge fees. This is problematic though, and hacks are happening quite often because of this model."