Crypto Firms Grapple With Bank-Like Risks, Without the Regulation
Crypto exchanges are rapidly evolving into digital-age banks, amassing vast troves of customer data and assets — but without the regulatory muscle or hardened security infrastructure of traditional finance. A recent breach at Coinbase, exposing sensitive user information through a social engineering attack, underscores the growing risk posed by centralized crypto platforms as they scale [...]The post Crypto Firms Grapple With Bank-Like Risks, Without the Regulation appeared first on PYMNTS.com.
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