Korean Exchange Leaks User Private Keys Worth $650,000

It was reported recently that BitKoex, a Korean crypto exchange platform, accidentally leaked well over $650,000 worth of private key data in a group chat on the KakaoTalk platform.
For reasons still not known, one employee from the exchange accidentally posted the private key to user wallets in the group chat.

bitkoex korean exchange

The private keys essentially give unrestricted access for users to completely take over a wallet/address. The fact these details were released on KakaoTalk has raised further concerns as the platform is unencrypted so hackers have easy access to data if required.

It has also been noticed that the majority of smaller bitcoin and crypto exchanges are business minded. Sacrificing users security for rapid growth , many do take shortcuts to increase efficiency and thus profits. Despite the reputation of smaller exchanges, NairaEx aims to challenge user opinions by providing industrial standard security for client data encouraging responsible, rather than rapid business.

Unlike the Korean exchange, the likes of NairaEx employ a number of security measures to ensure all user data remains confidential and the risk of a breach is essentially avoided. Initially we can attribute online security protocols such as HTTP to ensure all traffic is encrypted. Using only encrypted forms of communication, ensures all data entered can not be intercepted by a third party.
The best security measure remains the fact that NairaEx doesn’t store user data. Therefore once a transaction has been completed, a customers details are securely deleted essentially providing immunity from the potential of a hack or leak (in this case) compromising user data.

You too can purchase Bitcoin from Nigeria’s premier exchange, NairaEx and have your purchase securely delivered within a matter of hours !

Written By

Hi I'm Aleppo Allesadero a experienced bitcoin user and educator. Having worked for over a year in the bitcoin journalism ive seen bitcoin grow from strength to strength asserting its power against fiat currency. Hopefully you too can learn about this exciting new prospect which may help transform the way we see finance and economy on a daily basis.

63
Leave a Reply

avatar
63 Comment threads
0 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
35 Comment authors
TimothyJouttTimothyJouttDanilorotpaxil liquidpaxil 20 mg mexico Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
FhsnEvons
Guest

buy viagra using paypal viagra via paypal viagra costs walmart

NllpEvons
Guest

texas state board of pharmacy canada drugs drugstore near me

LokuadorY
Guest

online pharmacies cheap rx erectile

JtmfadorY
Guest

family pharmacy erectile dysfunction canadian pharmacy reviews

FwsxadorY
Guest

online pharmacy no prescription 24 hour pharmacy near me impotence

FgvdEvons
Guest

pharm texas state board of pharmacy pharmacy in canada

AqcfKafevaddy
Guest

cialis online uk can i buy cialis without prescription pay pal cialis vs viagra germany

NncsEvons
Guest

walmart viagra cost cheap viagra in us doctor prescription

FvfcEvons
Guest

free viagra and cialis samples generic viagra reviews forum viagra jelly america

FqhhadorY
Guest

prescription drugs canada online pharmacy no prescription needed mexican pharmacy online

JbbvadorY
Guest

humana online pharmacy online canadian pharmacy pharmacy prices compare

JbnbLoumb
Guest

medical pharmacy canadian pharmacy kingcanadian viagra canadian drug stores online

LbsxadorY
Guest

online drugs female viagra uk online pharmacy viagra

Kbcxapal
Guest

order prescriptions online without doctor pharmacy uk most reliable canadian pharmacies

AhkdadorY
Guest

Viagra price pro pharmacy canada canadian pharmaceuticals online safe

Kuikguirl
Guest

viagra online au viagra super active generic generic viagra 25 mg

AbcfKafevaddy
Guest

viagra cialis trail pack best place to buy online viagra viagra online overnight

NbnhEvons
Guest

sildenafil india pharmacy cost of viagra in india generic brand viagra

FbsgEvons
Guest

buy cialis by paypal cialis 40mg viagra cialis trail pack

FqbbadorY
Guest

cash loan places in toronto ez cash advance omaha top ten merchant cash advance companies

JbbnadorY
Guest

stupid cialis commercial long does 10mg cialis last comprar cialis de 5mg

JbnvLoumb
Guest

cash advance battle creek ace payday loans mobile al freeze interest on payday loans

Kvaxapal
Guest

payday loan lindsay cash loans beaverton loans in cash budget

LabxadorY
Guest

cialis precio farmacia en venezuela how long does it take cialis 20mg to work will half a cialis work

AhbzadorY
Guest

ez payday loans corporate office cash loan against cheque in pune cash advance locations in allentown pa

Clarkbuisp
Guest

kbs17 a4yrk 0a87

NbmoEvons
Guest

comparison of 10 mg cialis price buy real cialis generic cialis online

Kndnapal
Guest

is viagra dangerous street value of viagra viagra dose

ivermectin and scabies
Guest

ivermectin shot ivermectin 3mg tablets ivermectin for sheep and goats how to vets treat ivermectin overdose

albuterol and pneumonia
Guest

proventil ventolin ventolin usa over the counter side effects of ventolin evohaler how many inhalations with a ventolin hfa inhaler

ivermectin rabbit
Guest

is ivermectin safe ivermectin lotion ivermectin 1 spot on for chickens ivermectin infection against which it is used:

amoxicillin 875 mg
Guest

amoxicillin anxiety augmentin 875 mg 125 mg tablet price what does amoxicillin 875 mg treat allergy to amoxicillin what is the alternative

albuterol on line
Guest

albuterol steroid price of ventolin icd 10 cm code for albuterol how does albuterol sulfate help control asthma

furosemide hearing loss
Guest

define lasix cost of furosemide furosemide for high blood pressure how long does it take lasix to work in dogs

wine and amoxicillin
Guest

amoxicillin 500mg capsule amoxicillin 500 mg buy will amoxicillin help a sinus infection what is amoxicillin and clavulanate potassium

furosemide and spironolactone
Guest

furosemide prescription lasix 80 mg lasix generic and trade name what are the side effects of taking lasix

zithromax buy
Guest

zithromax pregnant azithromycin 600 mg tab side effects of azithromycin tablets what are the serious side effects of azithromycin?

azithromycin 500mg dosage
Guest

azithromycin 500mg tab azithromycin brand name in canada what are the side effects of azithromycin azithromycin how long

otc clomid
Guest

clomid and pcos buy clomid no prescription where can i buy clomid online when do you start taking clomid

doxycycline syphilis
Guest

doxycycline prostatitis order doxycycline online canada doxycycline and birth control for acne what stds are cured by doxycycline?

prednisolone gatifloxacin
Guest

cats and prednisolone prednisolone 25mg cost prednisolone ac 1 eye drop coupons my cat is just starting prednisolone and he got sick. what should i do?

doxycycline for cats
Guest

doxycycline hcl doxycycline 100 mg price uk side effects of doxycycline hyclate 100mg how to take doxycycline for chlamydia

nolva or clomid
Guest

clomid for pcos buy clomid uk nolvadex and clomid pct dosage where can i buy clomid pct

prednisolone use
Guest

prednisolone acetate price purchase prednisolone pediatric safe dose range for prednisolone how to wean cats off prednisolone

dapoxetine without prescription
Guest

priligy dosage dapoxetine premature ejaculation where to buy priligy in usa what is dapoxetine hcl

priligy dapoxetin kaufen
Guest

dapoxetine in pakistan dapoxetine 60 mg india where can you buy dapoxetine in store what does dapoxetine cost

diflucan while pregnant
Guest

diflucan doses diflucan 150 mg tablets will diflucan treat skin yeast what id generic diflucan

synthroid treats
Guest

synthroid weight loss purchase synthroid online will synthroid help lose weight what happens if you stop synthroid cold turkey

buy generic diflucan
Guest

diflucan drugs diflucan online can a man take diflucan diflucan 150 mg how long does it take to work

synthroid withdrawal
Guest

synthroid and coffee generic synthroid online does vitamin d interfere with synthroid how to dose synthroid based on tsh level