When Bitcoin Exchanges Get Hacked, Don't Blame Bitcoin

When Bitcoin exchanges get hacked, the mainstream financial media tends to spread the myth that the Bitcoin code was compromised. But that's not true. The Bitcoin protocol has never been hacked and is based on such strong encryption that it can't be hacked by current technology. The Bitcoin exchanges get hacked (and hacked often) because of their own security flaws. That means Bitcoin users need to find safer places to store their bitcoin. Fortunately, there are plenty of options... Tags: bitcoin price To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post When Bitcoin Exchanges Get Hacked, Don't Blame Bitcoin appeared first on Money Morning - We Make Investing Profitable .