What do Bitcoin exchanges have to do to stop getting hacked?

One of the easiest things that an exchange could do is use a hardware wallet combined with a multi-signiture wallet.  Hardware wallets are quite cheap when compared to the amount of money that Bitcoin exchanges deal with and very secure.  Using it with a multi-signiture based wallet would add another layer of security to the wallet, as multiple signatures would be needed.  This solution could put an end to many of the hacks against Bitcoin exchanges and make the Bitcoin ecosystem a bit safer and friendlier.

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