Adam Cole Jacobs, the co-founder and CEO of Spend.com and Bitsdaq, a newly launched digital asset exchange supported by leading crypto exchange company, Bittrex, has said that one of the main “challenges facing the cryptocurrency industry is security threats from untrustworthy exchanges.” In his interview with CryptoGlobe, Jacobs explained that cryptocurrencies were still in their early stages of development and adoption. Because the technology is so new, Jacobs revealed: “Many new [crypto] exchanges are coming to market with security flaws.