Beware the Middleman:Empirical Analysis of BitcoinExchange Risk.pdf

Bitcoinhasenjoyedwideradoptionthananypreviouscrypto-currency;yetitssuccesshasalsoattractedtheattentionoffraudsterswhohavetakenad-vantageofoperationalinsecurityandtransactionirreversibility.WestudytheriskinvestorsfacefromBitcoinexchanges,whichconvertbetweenBitcoinsa