considering the amount of money at stake surely all centralised exchanges should be learning from this type of incident, how much do they invest in security and auditing that security? Maybe they should not try to accomplish everything in house. There should be a market for external security companies to regularly audit exchanges.
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There is, such as https://www.bitgo.com/
Thanks Chris. So do we know what was the issue was with this exchange? Did they not use some external expertise to validate their security or was the method of validation not up to scratch?