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Cryptocurrency is akin to digital gold, and just like the mineral counterpart, there is a considerable level of enthusiasm that is not too dissimilar to the California gold rush of the 1850s. People are eager to acquire cryptocurrencies as their value has skyrocketed in the last few years. The price of Bitcoin has risen from single digit value in 2011 to more than $10,000 in 2017. That is an increase in order of magnitude that is unprecedented in the history of tradable commodities. As a result of this growth, the market has become a target for hackers and cybercriminals. Throughout the years, there have been a number of high profile cryptocurrency hacks.