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Cryptocurrency 1 hour ago (Jan 15, 2023 11:40AM ET)
Despite the belief of many crypto enthusiasts that centralized exchanges (CEXs) are safer, history has often shown them to be rather vulnerable to attacks.
Because these exchanges centralize the storage of users’ assets, they can be attractive targets for cybercriminals. If an exchange’s security measures are inadequate or successfully compromised, user assets may be stolen or lost.
Navigating the World of Crypto: Tips for Avoiding Scams
