More than US$11 billion has been stolen from supposedly secure crypto exchanges, wallets and mining platforms since 2011, mostly due to hacking incidents.
Brian Armstrong, co-founder and chief of digital currency exchange Coinbase, has launched GiveCrypto.org, a charitable fund for distributing cryptocurrency.
Australian startup Nauticus has raised more than $16 million dollars to build one of the world’s most multi-functional cryptocurrency exchanges and payment platforms entirely out of Melbourne.