Binance getting compromised means there's no exchange platform in the industry that's 100% secure so it's very important for us not to always keep our assets on those platforms because anytime can happen any time even in one of the most secured of them.
All of the exchanges are working very well especially the top 5 are performing extremely well and we as traders and investors should not ignore the importance of these exchanges. Now, many people are getting worried about the Binance as they are not sure for next time but they have to be sure. As said, not all the exchanges are 100% secure but these leading exchanges will now increase their security by 2x. 
Topic: After Binance have been compromised. - page 2. (Read 794 times)
I think there is no problem with binance. how they give investors and how they work very professionally, quickly. binance will be the first choice of investors. further development dex will make binance stronger
I honestly have a feeling that the whole thing was staged in order to promote Binance's DEX.. I wouldn't be surprised.
I do not think that this hacking of Binance will help to dex exchanges become more popular. since binance will cover all losses I think this event will not be interesting
binance indeed bears all losses and they use insurance that is available at binance so I don't think binance is too much loss when there are cases of burglary like this because all lost assets will recover. 
And now what is your opinion about decentralized exchanges after this event? I think people will finally consider the DEXes more seriously. 
The trade volume on decentralized exchange is a joke... I miss the days Listing on etherdelta was enough to pump a coin to the moon.. Today majority of the DEX are more or less dumping ground for bounty hunters loooking to earn peanuts... I think that is because the crypto market cannot rise after it's at the down price so the decentralized exchange cannot rise too. It makes altcoin and tokens suffer for a long time, but I think this time, every altcoin and token still trying to increase again because bitcoin makes good moves and the altcoin and tokens can moves to a better price too.
We all knew this could happen on the internet ambient, even if it was a Binance. If this happened to the best, there could be more for others. Binance pays back the money, I do not think there will be a big problem.
I do not think that this hacking of Binance will help to dex exchanges become more popular. since binance will cover all losses I think this event will not be interesting
And now what is your opinion about decentralized exchanges after this event? I think people will finally consider the DEXes more seriously.
The trade volume on decentralized exchange is a joke... I miss the days Listing on etherdelta was enough to pump a coin to the moon.. Today majority of the DEX are more or less dumping ground for bounty hunters loooking to earn peanuts... 
Even though they had been compromised the users, did you know that the funds of the users are safe? So you got nothing to worry about the exchange.
Will they ever tell you that the funds of users are not safe, if the funds were safe, how did they allow such catastrophe to befall them, 7000 BTC is not a small money man, even if they promised to refund it, it will still have a very big impact on them, they will want to quickly recover it back, so I expect their transaction fee to increase now, because that is the only way they can recover the money back.The reason why they probably promised the remaining user of safety of their coin is because; they would have gotten a very great security expert that would quickly look into the situation to prevent it from further occurring.
And now what is your opinion about decentralized exchanges after this event? I think people will finally consider the DEXes more seriously.
It has been a year of more hacks on centralized exchanges and there’s no difference
Dex do not have volume; which makes it not always preferred
Even at that; when dex do get the recognition; does it mean it can’t be hacked as well ?
I just feel like the Blockchain world is vulnerable
Even though Decentralized exchange also can be hacked, so you may not use any exchange :/. Everything is possible for centralized or decentralized, it just how we use it.
In this kind of industry nothing is certain, we can't be assured whatever system we used hackers always present and always find ways to get inand get everything insides victims wallet, it should take another big challenge to face from the owners of every exchange security needs to be
updated and add multiple precautions.
Decentralized exchanges is the best for now, deex is also cool but there are alot of issues with their volume, probably later if they get to fixed that, they can also make their own fame but currently nothing like decentralized exchanges.
The core value proposition of a decentralized exchange (DEX), and what makes them interesting, is allowing for counterparties to find each other and trade directly on-chain, thereby not being dependent on a centralized trading exchange and taking on the associated custody risks. By making trades that settle directly on-chain, you avoid moving your crypto into an exchange wallet and facing the risk of a hack or theft.
Dex is a good idea but the issue with them is volume, no one want to use an exchange with low liquidity, an again who said Dex can't b hacked, remember anything hackable would be hacked, if volumes goes to these exchanges then they will all become the honey pot for hackers
people are not ready yet to use decentralized exchanges because it is too difficult for them. people also are not ready to take responsibility for their funds
binance is market exchange that is not wallet, what hacker do is moving bitcoin from binance to offline wallet, remember big market is target of hacker, if you want to invest for long term better save your coins in wallet
And now what is your opinion about decentralized exchanges after this event? I think people will finally consider the DEXes more seriously.
As centralized are vulnerable so are decentralized exchanges, dex like ED have been hacked many times, therefore i don't think it's time to consider dex but cex should work more on security of their exchange.
Binance getting compromised means there's no exchange platform in the industry that's 100% secure so it's very important for us not to always keep our assets on those platforms because anytime can happen any time even in one of the most secured of them.
Even though Decentralized exchange also can be hacked, so you may not use any exchange :/. Everything is possible for centralized or decentralized, it just how we use it.
And now what is your opinion about decentralized exchanges after this event? I think people will finally consider the DEXes more seriously.
Do you still think that cryptocurrency community really cares about some of these things, don’t be surprise that everyone will still go about their businesses as if nothing happened, provided it didn’t happen to them. Can you tell me one big FUD news that you will say really had any effect on the market, when Binance came with the news of BSV delisting, majority of us thought that would be the end for BCV, the coin still has very high volume till date, I am sure that BNB value also will not go down as many people will simply just ignore the issue. Despite the news, I have been trading my coin on them since yesterday as if nothing happened.
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