The current cryptocurrency market is fraught with problems that range from structural to functional issues.
These problems stem primarily from the infant nature of the market, a lack of understanding of the
cryptocurrency space, and some of the more peculiar economics of cryptocurrencies.
For most users, security is the most concerning aspect of the current market. This is because, from its
inception, the market has been targeted by the activities of hackers and cyber criminals. There have been a
number of high-profile cryptocurrency hacks and heists that have resulted in millions of dollars being stolen.
Some traders and investors have lost funds and certain platforms have ceased to operate. In the aftermath
of these hacks, the price of particular cryptocurrencies dropped considerably.