A lot of hacks, whats the solution? - page 11.

tylerderden

copper member

Activity: 1162

Merit: 1025

Quote from: KyoNitro on July 13, 2018, 02:42:31 AM

its been half of 2018 and we have seen a lot hacks issue in crypto industry, exchanges, pools, traders everybody is being affected by this hacks.

what is the solution as i see hackers will not leave this chance as this industry is still in development mode( early stage).

is DEX are solutions for traders, let me know !
BTC

No Dex aren't the solutions for the crypto traders as there have been a lot of smart contacts that have been affected in the past and a lot of money was compromised in those hacks so the best strategy for those exchanges is getting the best of the technical teams and always keep on auditing their security periodically for any weakness in their system and if any then rectify those problems and continue to do the same in the future.

mahibul49

full member

Activity: 826

Merit: 104

keep your online wallets email unknown from others people.do not use wallet email for sign up in others website.
and keep ur fund on cold storage or nano wallet.
i think this can help you to protect from hack.

Direwolve735

full member

Activity: 448

Merit: 232

The fight against hackers begins with ensuring your own security. It is worth keeping most of your crypto assets on "cold" storage - that is, disconnected from the network. On exchanges and online wallets, keep only as much as you are ready to lose. Remember: your choice of the degree of safety affects not only you, but also the ecosystem on the whole.

supremacy10

newbie

Activity: 91

Merit: 0

Save ur coin in wallet u have the private key , move it to exchange when u are ready to sell and withdraw ur fiat

macartem

sr. member

Activity: 676

Merit: 319

Quote from: KyoNitro on July 13, 2018, 02:42:31 AM

its been half of 2018 and we have seen a lot hacks issue in crypto industry, exchanges, pools, traders everybody is being affected by this hacks.

what is the solution as i see hackers will not leave this chance as this industry is still in development mode( early stage).

is DEX are solutions for traders, let me know !
BTC

I believe that many hacking-exchanges - it's just a fake from those very stock exchanges. Because there were really very big break-ins, and I do not think that the exchange could not stop it
But this is purely my opinion Huh

Bitcoininvestment

full member

Activity: 244

Merit: 100

The security of your bitcoin or even your cryptocurrency is in your hands. It would be your fault if it gets hacked because you are the one who should be able to take care of it. One way to ensure this is through the use of a hardware wallet that is really safe but is also expensive. Or you could just use some of the well known wallets out there like the blockchain and make sure that all the information regarding that wallet is hidden and can only be accessed by you. You should also check the device that you use because it might have some keyloggers so its better to install an anti malware. Its really up to you on how you will keep yourself safe from the hackers these days.

Thatsit

newbie

Activity: 154

Merit: 0

Yes right now, the number of hackers is increasing every day in the crypto world. And many are losing everything by becoming victims of this hack. But I think it is very difficult to deal with, because I myself was a witness, my closest one could not protect his wallet by keeping it Strict security.

Phil315

newbie

Activity: 68

Merit: 0

It is really sad and painful that when one is working hard legally to make a living, a criminal is out there trying to take away your sweat and all you have worked or laboured for. My advice to those who can afford it is a hard device wallet.

bitfocus

member

Activity: 532

Merit: 15

You can minimize your chances of Getting Hacked by 3 steps

1- Use hardware wallet for your coins
2- keep small amount of your coins at your online wallet
3- use 2FA

Miklight88

copper member

Activity: 238

Merit: 1

GDZKVBV3L3JU5TFDBWMUMPZAHD3OSM2I3TAJRWPG7KU5U4UZCI

Hack seems rampant now, which will be a major challenge to the crypto world, this might scared away so many people that are willing to invest,most especially those that want to be trading on regular with centralized exchange but DEX has not really solve the issue of safety when trading on them which is another option, I think regulation is most important now to curb the act of hacking.

asus09

sr. member

Activity: 1344

Merit: 270

Quote from: KyoNitro on July 13, 2018, 02:42:31 AM

its been half of 2018 and we have seen a lot hacks issue in crypto industry, exchanges, pools, traders everybody is being affected by this hacks.

what is the solution as i see hackers will not leave this chance as this industry is still in development mode( early stage).

is DEX are solutions for traders, let me know !
BTC

most hackers only look for errors from crypto users. which I know usually they use a random system to target. this is caused by the negligence of users who do not put their security first.

Dmitry.Vastov

hero member

Activity: 840

Merit: 520

Quote from: KyoNitro on July 13, 2018, 02:42:31 AM

its been half of 2018 and we have seen a lot hacks issue in crypto industry, exchanges, pools, traders everybody is being affected by this hacks.

what is the solution as i see hackers will not leave this chance as this industry is still in development mode( early stage).

is DEX are solutions for traders, let me know !
BTC

As we all are aware with this fact that bitcoin is entirely a decentralised crypto currency and there is no such proper authentic regulating body who could keep eye over all these illegal activities related with bitcoin until county legalise bitcoin in their nation and I think this is the only way that all the illegal activities of bitcoin will be stopped once it will get legalised all over that world, though there will be increment in the bitcoin transactions fee but it will be beneficial for the whole world.

Dexion

full member

Activity: 812

Merit: 101

this year is the hacking year, and hackers are more dominating to hack the exchange, so, I think do not save assets in wallet exchange is a preventive action to avoid hacking.

the hacking is FUD that dominated today.

escalante28

member

Activity: 742

Merit: 42

Quote from: KyoNitro on July 13, 2018, 02:42:31 AM

its been half of 2018 and we have seen a lot hacks issue in crypto industry, exchanges, pools, traders everybody is being affected by this hacks.

what is the solution as i see hackers will not leave this chance as this industry is still in development mode( early stage).

is DEX are solutions for traders, let me know !
BTC

The sulotion of this is be careful. Don't visit the unknown site or never enter your private key. Your password, private keys or any account you must store them in a secure storage. Use metamask for decentralized platform. Never trust a link from your email and always check the url address everytime you enter your private key and password

xuan87

legendary

Activity: 1666

Merit: 1001

The best thing to do is awareness, if we can be careful and always update the antivirus then we can eliminate the hackers opportunity to hack, and there are many ways to keep your coins save, you can use offline wallet or hardware wallet, if you used online wallet then you can used multiple layers of security, and the most important is to aware that exchanges is not the place to store your coins

tonyvo2017

member

Activity: 526

Merit: 10

Lifestyle & Wellness Platform

Quote from: KyoNitro on July 13, 2018, 02:42:31 AM

its been half of 2018 and we have seen a lot hacks issue in crypto industry, exchanges, pools, traders everybody is being affected by this hacks.

what is the solution as i see hackers will not leave this chance as this industry is still in development mode( early stage).

is DEX are solutions for traders, let me know !
BTC

Hackers are now much smarter and they can get a lot of money out of their investors by hacking into their wallet. Besides, there are some very talented hackers who can knock down the trading floor and rob all the money. So I encourage people not to keep too much money at the exchange.

ankurguta87

full member

Activity: 364

Merit: 117

Quote from: KyoNitro on July 13, 2018, 02:42:31 AM

its been half of 2018 and we have seen a lot hacks issue in crypto industry, exchanges, pools, traders everybody is being affected by this hacks.

what is the solution as i see hackers will not leave this chance as this industry is still in development mode( early stage).

is DEX are solutions for traders, let me know !
BTC

Decentralized exchanges provide a more secure and fair way for users to exchange digital assets for a whole host of reasons, and as the general public grows in blockchain savviness, we’re likely to see a move towards holders of digital assets wanting more control and security in their engagement with exchanges.

Among the most pressing issues with an over-reliance on centralized exchanges is security. Every week it seems, there is a new report of a major hack at a centralized exchange, with stolen amounts ranging in the hundreds of millions of dollars.

Olaiasal11

copper member

Activity: 267

Merit: 1

Now days hack is a normal matter . But you have to be aware of yourself. Your computer's security must be kept safe.

ubercool

hero member

Activity: 1078

Merit: 504

I dont think Decentralized exchange is a solution. Etherdelta was hacked once and lots of private keys were exposed. Hack is a real time issue right now and centralized systems should increase their security.

jrmaniac

newbie

Activity: 4

Merit: 0

Quote from: OmegaStarScream on July 13, 2018, 02:58:51 AM

1. Use a hardware wallet. If you can't afford one, make sure your PC is clean and use an open source desktop wallet (e.g Electrum) that give you control over your private keys.
2. Don't store your funds in exchange for a long period of time. Deposit, trade instantly and withdraw.

I think the best solution is to improve the site's security. For it will also protect the user's account it will also protect the site's sources. "Improve security, less hacks"

Topic: A lot of hacks, whats the solution? - page 11. (Read 2665 times)