The Rise of Digital Currencies and Cryptocurrency Crime

The huge success of early pioneers like Bitcoin has led to an almost endless number of competing digital currencies. Many of these were extremely short-lived and often failed before they ever got off the ground. Nonetheless, there are still a wide number of well-established cryptocurrencies now on the market even if the media still tends to focus primarily on Bitcoin, ether and the other bigger ‘brand name’ digital currencies.
Of course, success always comes at a price. All that success and media attention was bound to eventually attract thieves and criminals. This is exactly what has happened, and most of the major high-profile cryptocurrencies are now frequently targeted by hackers. As a result, these cryptocurrencies are nowhere nearly as safe as their proponents would like everyone to believe.
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