News that the world’s largest exchanges – Binance, Bitfinex, Bittrex – suspended registration of new users, or tightened registration conditions, only spurred most of the newcomers to buy Crypto Currency (especially with such a strong drop of bitcoin) and try to register on the stock exchanges all the truth.

Of course, on this wave enterprising swindlers decided to sell accounts on stock exchanges. The price of the Account today depends on the degree of verification that the user has passed and at the moment reaches 15 BTC! You will be surprised, but many did not at all confuse such a “gypsy” scheme of buying an account. Perhaps in the pursuit of the dream of becoming a bitcoin multi-billionaire, enthusiasts simply did not calculate that even after changing the password, the swindler can easily regain the account and skip all your hard-earned money somewhere in Thailand.

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Just a couple of days ago, there was information that the  user was stolen $ 34,000 from the offline purse of Ledger Nano immediately after he bought this purse from the previous owner on eBay. The purse vendor used the intermediary as an attack method and put his personal recovery key instead of a random key, which is usually issued by the manufacturer himself. The victim of the accident says that he did not use the wallet for about a week, and when he came to check the balance, he found that all his XRP, Litecoin and Dash were simultaneously transferred from the wallet to another address. The CEO of the wallet maker Ledger immediately offered his help, and promised to help bring criminals to justice through the court. The problem is that beginners often rely on Ledger Nano, Trezor, Keepkey and believe that it does not matter where to buy them.

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The scheme by which the cheater acts is quite simple. He sells you an account, you change the password on it, put two-factor authentication and transfer there your savings, thinking that now you are completely safe. But it was not there. The fraudster simply writes to the exchange that he lost his password / stole the phone / burned the hard drive / an amnesia attack occurred and he woke up in Southeast Asia without clothes, money and things and he urgently needs at least 0.3 bits His precious account to return to his homeland. We decided to check how quickly the exchange reacts and whether we will be able to recover the password in this way.

So, the first option. You bought an account, but forgot to buy access to the email. In bitcoin-fever, you will not forget this either.

1. Click “forgot password”

2. Please send a forgotten password to the mail

3. We receive confirmation of dispatch

4. We receive the letter with the link to password recovery

5. Restore the password and voila, we are on the main.

Perhaps you were smarter and bought an account with all the guts, including access to the email.Suppose that you also did not forget in the email settings to replace the additional mail and phone number.

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What can a fraudster do in this case? He writes a letter to the stock exchange, describing the situation in as much detail and tearfully as possible. Then immediately receive an automatic response with the application number. In a couple of days he will receive an answer from a live person of the exchange support team who will offer to conduct a skype-call in order to identify the person. After that, the exchange sends him a link to reset the password, and, voila, he is the owner of all your hard-earned bitcoins:

What can I do if I really want to jump into the last car of a departing train, and the exchanges do not give such an opportunity?

Firstly, on three exchanges, the light wedge did not converge. Secondly, the platform-integrators crypto-exchange, where you can, having only one account on this platform, gain access to all exchanges connected to the integrator. Platforms aggregate in one terminal crypto assets and liquidity from all key exchanges in the world with the ability to search and implement arbitrage opportunities, as well as analyze thousands of pairs of crypto-currencies and find the most profitable chains, earning up to 2-3% each.

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At the moment, this task is being solved by several teams. One of them is the B2BX platform, which successfully held ICO in the fall of 2017. However, it is designed to work with home brokers, liquidity providers and institutional investors and is not available to most traders. Another example of a successfully implemented project is  Arbidex  – the platform-integrator of crypto – instruments in a single interface with the automated arbitration system. Such an innovation was released to the open market for the first time, as earlier enthusiastic authors of arbitration systems preferred to use them exclusively for the personal user.

Integration of crypto-exchange exchanges in combination with automated arbitrage system will allow to give a high-quality trading terminal of a new level for traders with the possibility of additional earnings.Access to significant funds through a well-developed system of arranging arbitrage transactions will reduce the volatility of kriptonka on the one hand and multiply the liquidity of many crypto-exchanges and trading pairs on the other, which will also help the market grow and grow.

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True, the victims of cyberattacks are not only beginners, but also the blockade platforms themselves. So, last autumn Tether – a platform for exchanging Fiat for crypto currency, underwent a major attack and lost more than $ 30 million, which were stolen from their wallet, where the reserves were kept.Disappearance was discovered when an unidentified user entered the wallet and sent the tokens to an unknown BTC address. Tether immediately recommended that an updated version of the platform be provided and that addresses of intruders to major exchanges be reported to those who blacklisted them.

In the arsenal of cyber-fraudsters most often there are phishing schemes: for example, about $ 225 million was stolen last year. Many investors in ICO suffered by sending their investments to specially created hacker addresses of purses that were placed on the fake sites of alleged startups themselves, and were sent by mail or in social networks.

All these stories, which are becoming more and more directly proportional to the increase in the cost of crypto currency, only confirm the fact that the existing security measures are clearly not enough. And many recognize that absolutely new technology is needed, which will become a universal mechanism for protecting crypto currency from any kind of fraud.

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