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Topic: Are you Alarmed of the Recent Hacking Incidents in some Exchange? (Read 369 times)

jr. member
Activity: 322
Merit: 1
I know that investments and exchanges are risky. But I came here to make money. I have not kept coins on stock exchanges for a long time. These are my precautions.
newbie
Activity: 168
Merit: 0
I am really worried about the recent hacks incidents that is happening in some exchanges, it always make me to ask the question if we are really safe at all by keeping our coins in these exchanges, For me I would want to exchanges to form an alliance to share information  that would help protect our funds in their various exchanges.
newbie
Activity: 53
Merit: 0
Agree completely there is nothing perfect in the security of the Internet , but I think some wallets need to be improved every time that there was no hacking
member
Activity: 490
Merit: 10
I think everyone is affected and everyone worries for their money both on exchanges and on purses. Keep coins on long on hardware wallets.
newbie
Activity: 210
Merit: 0
Yes, I am concerned about hacker attacks on cryptocurrency exchanges. after all, some of them are successful and the exchange was closed after that. I don't want to lose my money.
newbie
Activity: 154
Merit: 0
I am not only alarmed, I'm disappointed as well! Cryptocurrency have an history of unscrupulous element always trying to exploit the weakness of any protocol or exchange. I believe security is not just one time thing, you have to be vigilante all the time and exchanges know this!

You don't have be disappointed, remember crypto currency is still in it's early stage and I believe that in the near future they plug all the loopholes and make crypto currencies more secured for everyone, it will take a little time but a time like that will come when everything will be secured.
full member
Activity: 490
Merit: 100
I am not only alarmed, I'm disappointed as well! Cryptocurrency have an history of unscrupulous element always trying to exploit the weakness of any protocol or exchange. I believe security is not just one time thing, you have to be vigilante all the time and exchanges know this!
newbie
Activity: 182
Merit: 0
Of truth it is so alarming the way the hackers hack many the crypto exchanges, it's a norm now that every week we will hear news on of hack or the other but most times it doesn't really bother me much because crypto is still in the early development, I remember when credit card first came it suffers the same thing but today's it's been secured with many ways, so i believe cryptos will reach that extent in the future.
full member
Activity: 952
Merit: 104
Of course yes the bad people are no space herein cryptocurrency need to learn how to avoid this incident
Dev and all people in this world of new digital currency is front to the hacker need to be malicious to the people to avoid hacking and taking care for their investment put strong security system.
newbie
Activity: 291
Merit: 0
Cryptocurrencies are always vulnerable to hacks, but several digital token thefts have rocked the market in a short period of time.

Most recently Bithumb is reported to have lost $30 million in cryptocurrencies after a massive hack hit the exchange.

I am expecting the digital currency to see significant drops in the coming days.
full member
Activity: 560
Merit: 105
yes I am very surprised because I am confused how can the exchange place that has team informatics and experts in security could be hit by hack, I suspect that who gives access to entry is from insiders or from negligence security team system owned by the website itself.
sr. member
Activity: 529
Merit: 251
The Future Of Work
Hack of exchange is one of the worst scenarios for storing crypto assets on exchange. But also you have to be careful with some shady exchanges like yobit, exmo, wex.nz, bitforex etc. Some of them has a lot of troubles in the past and can create more for the customers in the future.
jr. member
Activity: 280
Merit: 2
The FASTEST and MOST SECURE Token Exchange
I won't lie i am really alarmed because if a big exchanges can be hacked with all their high tech and all their tech devs, that's means there is a problem, it means we are not really safe and it means the hackers are getting more smarter on daily basis
member
Activity: 159
Merit: 10
I think the exchange is not really safe, it still has a lot of holes and it seems that every exchange has holes and need to fix in the long run. You should keep your money in your wallet and use it as needed. In addition, you should take steps to secure your account on the exchange or wallet
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
the real question is, what are you going to do about all these hacking incidents that keep on happening to some exchanges out there?
just being alarmed is not enough anymore. you need to do something. and that can be beginning to move to decentralized exchanges. they won't become any better if you don't start using them. as more people join, these exchanges will grow bigger and have more volume and also the bugs would be found faster and the platforms would become stronger. and eventually we can stop seeing hacks like this.
full member
Activity: 630
Merit: 100
More and more often I read news of thefts in the cryptocurrency exchanges, and this is a very bad situation, both for those who lose money, and for all those who would like to approach this new sector to invest and get discouraged. I hope that, for a good growth of the sector, all the exchanges increase their security levels to the maximum, even if some theft can always happen
newbie
Activity: 78
Merit: 0
Recently Hacking Incidents are Highlighted in the most Crypto-Currency News outlets and Portals this Incidents are undoubtedly has a chilling effect to the Market Since the Investors are wary about the said Incident lately Bancor Network was Hacked and loss about Millions of Dollars? In your Opinion How could this happen if all of this Exchange is employing top of the class cyber security. I remember and iT Engineer tells me (there's no such thing as 100% secure in the internet) and No system is Perfect! is this true?  Don't hesitate to drop your opinion,

Im not alarmed because I never stored crypto in Exchange but my view in this hacking Incident was positive to spread awareness to all exchange platform that they must make there cyber security more secure to repill this Treat.
sr. member
Activity: 742
Merit: 253
Nothing is impossible for the internet, they will easily enter and try to unload the best security system, others will have a certain system that is not deliberate to be able to access it very easily.
Things like this often happen in the last few years, this is very common for people in the world of technology and the internet, so no wonder famous exchange sites are hacked and get a lot of losses, they are already planning it for more axis again in the crypto world, giving big losses to the market, spreading fear for everyone.
jr. member
Activity: 185
Merit: 5
That's why we shouldn't store our cryptos into an exchange platform for they are very vulnerable to attacks. Hackers always find ways to infiltrate exchanges that are holding huge amount of crypto. Maybe there are some exchanges that do have some insider tips that's why some intruders can penetrate from their security.
jr. member
Activity: 322
Merit: 2
Hacking incident on exchanges is dreadful especially if you keep all of your holdings their.  Oh yeah, there is no 100% secure exchanges platform. If their IT staff are expert, those hackers are expert too. So, a little glitch that will happen on security system, surely those hackers will grab the opportunity to attack the system of an exchanges.
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