The DEX Security Report: Hackers Have an Easy Access to Digital Assets

ICORating states that over the past 8 years about 31 crypto exchanges have been hacked and more than a $1 billion (actually, $ 1.3 bn) stolen. Such exchanges as Mt.Gox, Bitcoinica, PicoStocks, Bitcurex have been attacked even multiple times

ICORating’s analysts have compiled a security rating of decentralised crypto exchanges and tracked several types of vulnerabilities: console errors, registrar and domain security, web protocols security, and smart contract security

Here is a quick look of 13 crypto exchanges, with the security score (in terms of percentage) attained and the area that is the most troublesome:

DEX Security Report by ICORating

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The ICORating Agency gives the Basic Review of the AXEL.Network Project.

AXEL is a data custody blockchain solution which aims to provide infrastructure for security and management of personal and business data The following information about the project is available in public sources PROJECT BRIEF Name AXEL Ticker AXEL Project type Infrastructure blockchain IPFS IEO BRIEF Pre sale start date N A Pre sale end date N A Public sale start date August 12 2019 Public sale end date August 13th 2019 Token type AXEL Native to the AXEL Network Blockchain and Ecosystem Token usability Utility Total token supply 1 000 000 000 Lifetime Token supply for sale 5 000 000 Part of tokens for sale 14 5 lifetime Soft cap USD 100 000 00 Hard cap USD 1 000 000 00 Token price 1 AXEL USD 0 2 Bonuses 15 Bonus PROB 10 Bonus USDT BTC ETH XRP Lock ups No Currency accepted USDT ETH BTC XRP PROB Min Max contribution None KYC Yes Additional emission No Registration country Cayman Islands Restricted list Excluded countries United States Canada Mexico Belarus Bosnia and Herzegovina Burundi Central African Republic Cote d 39 Ivore Cuba Democratic Republic of Congo Iran Iraq Liberia Libya Mali Moldova Myanmar North Korea Serbia Somalia Sudan South Sudan Syria Venezuela Yemen Zimbabwe TEAM ADVISORS Team members 45 Key member executives Tony Tan Ben Ow Dr Yoohwan Kim Jeremy Forsberg Dave Kaplan Rick Stiles Daniel Lindsay Brian Williams Jeff Maher Diane Zhang
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EtherFlyer DEX Is The Top Decentralized Exchange In Daily Trading Volume: DataLight Report

Decentralized exchanges are yet to gain a footing in the cryptocurrency market as their centralized counterparts have according to the latest reports from Data Light, a crypto-analytics company. While the top reported centralized exchange – Binance – recorded close to $1.3 billion in trade volume, the top decentralized exchange completed $41 million. Don’t get me […]
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