Exchange Glitches Are Becoming a Bigger Risk Than Hacks

[mendez]

Bithumb’s payout error highlights a growing issue in crypto: operational failures.

Over the past year, major exchanges have faced problems ranging from account freezes at Coinbase to technical disruptions at Binance during peak volatility. While not caused by hacks, these issues have locked users out of funds and, in some cases, led to forced liquidations.

As trading volumes grow and markets move faster, reliability — not just security — is becoming the real stress test for centralized exchanges.

[AIcash]

as volumes scale, these systems need to act like real financial infrastructure, not startups