$10,000. That’s the valuation achieved by Bitcoin on November 28, 2017! This is living testimony to the success and the value of cryptocurrencies. Alas! Like everything of value, cryptocurrencies in general and Bitcoins, in particular, have attracted eyeballs that hide malicious intents behind them.

Hackers, cybercriminals, web stalkers, and fraudsters are striving hard to wreck havoc in the cryptocurrency markets, stealing tokens and coins from users who fail to safeguard their priced crypto-assets. Since 2011, there have been 35+ heists of cryptocurrency exchanges, resulting in the loss of 980,000 Bitcoins, valued at more than $4 billion.

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