Hacking Cryptocurrencies https://www.techopedia.com/hacking-cryptocurrencies/2/33648 By: Claudio Buttice | Reviewed by: Kuntal Chakraborty | Published: January 16, 2019 | Updated: February 16, 2021 Source: Thodonal/Dreamstime.com Takeaway: Cryptocurrencies can be profitable - for both investors and hackers. That's why crypto has become a prime target for digital wrongdoers out to make a quick buck. After the amazing rise of the bitcoin price at the end of 2017, mining and trading cryptocurrencies rapidly became one of the most important technology trends of the subsequent years. Today, in the wake of the global coronavirus pandemic, Bitcoin has quadrupled its value. All cryptocurrencies seem to hold much value as a hedge against the inherent weaknesses of traditional currencies and inflation risk, even more so in the general atmosphere of instability that follows the shadow cast by the virus. Trading Bitcoins and Ethereum may be profitable today but beware. A lot of cash started moving around cryptos, and when there's money, there are thieves trying to steal it.