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2019-01-11 22:50:00

Report: Majority of South Korean Crypto Exchanges Might Still Be Vulnerable to Hacks

The majority of South Korea’s largest digital currency exchanges might still be vulnerable to hacks, as only a few of the nation’s cryptoasset trading platforms have cleared the government’s security checks - according to recent reports. South Korea-based exchange, Bithumb, Coinone, Korbit, and four other leading crypto exchanges have reportedly passed government-led security audits, online news outlet ZDNet reported on January 10th.The security audits of 21 different local digital asset exchanges were conducted between September and December 2018. Notably, 14 of the trading platforms inspected had failed to meet the security requirements.