Security Concerns Continue to Harm Public Image of Cryptocurrencies

Earlier in July hackers successfully gained access to an internal wallet belonging to the Bancor platform and managed to steal $23.5 million worth of Ether, Pundi X, and Bancor tokens. This incident is one of many that appear with regularity in the crypto space and contribute to public skepticism of blockchain assets. Simply put, despite the fact that cryptocurrencies are extremely secure when handled properly, they are often perceived as risky and vulnerable to theft. There is little doubt that