The Bisq Exchange – An Easy to Follow Guide for New Users

The Bisq exchange was one of the first DEXs (decentralized exchanges) to enter the market. The platform facilitates crypto trading in a peer-to-peer manner and via a non-custodial protocol. According to the platform’s creator, Bisq is a code more than a company. It’s an open-source project organized as a decentralized autonomous organization (DAO) and built on top of Bitcoin's blockchain. Features of the Bisq Exchange Bisq’s coding is available on Keybase and GitHub. As one of the first successful DEXs in the market,…

Bisq Suffers $250K Worth of Crypto Losses after Theft By Hacker

A remarkable software flaw in the Decentralized exchange (DEX) Bisq allowed a hacker to steal cryptocurrency worth over $250k from users. The exchange promptly stopped trading yesterday night upon discovering the critical security risk. Bisq hasn't mentioned the specific flaw and is yet to ascertain the safety of users’ funds. The exchange phrases the action taking with regards to the theft as unprecedented. The exchange states that the hacker made away with 3 Bitcoins and 4,000 Monero (XMR) from 7…