Homakov did an interesting writeup about a security architecture for an exchange: http://homakov.blogspot.com/2015/01/bitstamp-problem-and-warm-wallets.html htt

Homakov did an interesting writeup about a security architecture for an exchange: http://homakov.blogspot.com/2015/01/bitstamp-problem-and-warm-wallets.html http://homakov.blogspot.com/2015/01/bitstamp-problem-and-war... You're probably looking for details beyond the security architecture, like how an exchange is implemented, but I figure I'd mention it.