They said that decentralized exchanges are not vulnerable to any hacks, except for etherdelta. Majority that I've read about recent exchange hacks came from centralized exchanges.
Binance also announced that they will be developing a decentralized exchange.
Topic: A lot of hacks, whats the solution? - page 15. (Read 2660 times)
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.
This, and actually write down the seed on a piece of paper. I can't believe how some people actually buy hardware wallets but save their seed on a .txt/word file or their mobile phone's notes app. I can't believe how people with 6-digit portfolios be THAT careless.
Well, Etherdelta has also been hacked before so I dont think DEX can be s solution.
To avoid being hacked I suggest you to buy a hardware wallet and also buy two PCs. On the first PC, use it for crypto related purposes and never visit any website which are not trusted. Only use it for living to your exchanges and checking wallet... . On the second PC use it for normal purposes.
Never use the same email for more than one exchange. Also never use your exchange email address to signup for ICOs or airdrops or any other site . I know an ICO who sold its user's emails without their knowledge so create a different email for ICO and airdrop purposes.
To avoid being hacked I suggest you to buy a hardware wallet and also buy two PCs. On the first PC, use it for crypto related purposes and never visit any website which are not trusted. Only use it for living to your exchanges and checking wallet... . On the second PC use it for normal purposes.
Never use the same email for more than one exchange. Also never use your exchange email address to signup for ICOs or airdrops or any other site . I know an ICO who sold its user's emails without their knowledge so create a different email for ICO and airdrop purposes.
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.
2. Don't store your funds in exchange for a long period of time. Deposit, trade instantly and withdraw.
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
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
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