according toFinancial Timesaccording to

According to Twitter account Satoshi Capital Researchdatadata, the total bitcoin transaction volume in 2018 was $2.2 trillion, higher than that of the Bulgarian lev (BGN) and second only to the Chilean peso. Meanwhile, the overall on-chain transaction volume in 2018 was $3.2 trillion. according tolearn

, 1,423 DApps contributed $6.7 billion in revenue in 2018, and the demand for cryptocurrency transactions is still high.

The security issue of digital currency exchanges has always attracted much attention. Hackers intruding into exchanges to steal digital currencies often cause losses of hundreds of millions of dollars.CoincheckPreviously

Previouslyinformation, the New Zealand encryption exchange Cryptopia encountered a security breach, hacking caused "significant losses", and the amount stolen was as high as 28,773 ETH. January 20informationinformation

, On the darknet market "Dread", a supplier named "ExploitDOT" tried to obtain user data from the top cryptocurrency exchange that required KYC in the jurisdiction and sell it.

Although the cryptocurrency market is huge, serious security issues will hinder the entry of traditional investment institutions. Previously Reutersto reportInstitutional investors such as asset management companies, pension funds and investment banks are still not involved in Bitcoin trading, even as the shape of the cryptocurrency market changes, exchanges and industry insiders said. The reason is that most institutions and investors are worried about the lack of clear regulation, frequent security breaches in exchanges, and the lack of value of assets themselves. Analysts say clearer regulation would bring legitimacy to cryptocurrency firms, weed out players who do not meet standards and potentially ease compliance concerns among institutional investors.

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