Bitcoin Achilles Heel - Wallets getting hacked, other thefts

Bitcoin is a digital alternative currency. It's strengths, which also can be seen as it's weaknesses are that it's not regulated by Governments or central banks, transactions can be done anonymously and there is no trace back so chances of hacking are high. It Behaves like monetary system that can be exchanged and traded for dollars and/or Euros. Bitcoin is the most widely used alternative currency accepted by various merchants and services internationally.

The virtual currency, some argue, might not be all that safe. Some recent incidents have come to light whe ...

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