Topic: hackers becoming smarter than exchanges? - page 13. (Read 4760 times)
The fact that cryptocurrency exchanges are becoming more and more, respectively, hackers are becoming more work and opportunities to earn.
right. Now hackers have a better background and they have the ability to crack the best security. So to safeguard the money we are investing in, we should keep it in Ledger hard purses. It is a good wallet and has never been hacked by hackers.
Indeed, we should not be too complacent about the exchanges we are using because in cryptomarket, everything is vulnerable from the scammers and hackers. Cryptoexchange is not a safe wallet for us, hackers are making a lot of ways to scam us so we have to be ready. Paper wallet is not safe also, try to use hard wallet which is more safer than any wallet.
So True and perfectly stated.
I too had been thinking to use them but really never gave it a try,I guess i need to get one after the next bull run.
Or else the hard wallet costing will be more than I can afford now.
Hackers have so many skills today that we can't defend yourself that much. We can't even track them. Technologies have improved so much that amazes me each day. How can this all happen? There are so many exchanges on the marker, and there are also so many suspicious exchanges launching every day. Be careful where you sell or buy your crypto currencies.
I think it is a cycle of sorts that makes both parties stronger and better in the long run. If both didn't try to crack the technology of the other then they would stop developing something new or better to make things more secure. I believe this has to come to be. What we could do is to eliminate human error and be responsible account holders.
I think that there is no combination between hackers and exchanges. Both are different, people want to avoid themselves form one and want best services from the other. There is no doubt that hackers are smarts and they find new ways to hack difficult sites and securities. Exchanges are also try their best to meet the needs of new era and the demands of the people.
They work with great discipline to be able to enter the network they want to crack, even through very small gaps, so theft can occur. Sometimes it even involves insiders. For hacked crypto exchanges that lose millions of dollars, prove that the level of security is still not perfect. Hackers always improve their knowledge and techniques so that their work is successful, on the other hand crypto exchange also improves their security system so it can not be hacked.
The level of skill of hackers is growing and it has not become a mystery. Where there is money will always be people who want to take them. Desirable for free.
In my opinion, hackers show the problems and mistakes of exchange owners, so that they take further measures and develop new protection. There is a high probability that users may lose their savings, as happened a couple of years ago. So it is better to store cryptocurrency on proven wallets. It's safer.
they are not only showing the weakness of exchange security system.but they also steal it , and this is criminal action.if they are white hat hacker they should leave message to exchanger to developt its.
Some hackers are the exchange itself. They blame and say that outside hackers attack them but the truth is some hacking activity is from the inside of the exchange itself.
In my opinion, hackers show the problems and mistakes of exchange owners, so that they take further measures and develop new protection. There is a high probability that users may lose their savings, as happened a couple of years ago. So it is better to store cryptocurrency on proven wallets. It's safer.
Any exchange can be hacked anytime-that's what I believe.
So better to use paper wallet or own computer to store and use exchange only to transfer into that too in small amounts.
When any exchange gets hacked its very obvious that there is some inside job.
If something like this happens people suffer losses and finding the culprits and recovering funds is really a very tough job.
Even few days back also reports stated that scammers are now using slow poisoning machine i.e they are using your computer for their own mining by using malware and sometimes phising.
I really had quite a bad experience long back at MT.GOX and still do not believe that any exchange is safe.
Happy mining and trading all
Enjoy.
Indeed, we should not be too complacent about the exchanges we are using because in cryptomarket, everything is vulnerable from the scammers and hackers. Cryptoexchange is not a safe wallet for us, hackers are making a lot of ways to scam us so we have to be ready. Paper wallet is not safe also, try to use hard wallet which is more safer than any wallet. So better to use paper wallet or own computer to store and use exchange only to transfer into that too in small amounts.
When any exchange gets hacked its very obvious that there is some inside job.
If something like this happens people suffer losses and finding the culprits and recovering funds is really a very tough job.
Even few days back also reports stated that scammers are now using slow poisoning machine i.e they are using your computer for their own mining by using malware and sometimes phising.
I really had quite a bad experience long back at MT.GOX and still do not believe that any exchange is safe.
Happy mining and trading all
Enjoy.
right. Now hackers have a better background and they have the ability to crack the best security. So to safeguard the money we are investing in, we should keep it in Ledger hard purses. It is a good wallet and has never been hacked by hackers.
Any exchange can be hacked anytime-that's what I believe.
So better to use paper wallet or own computer to store and use exchange only to transfer into that too in small amounts.
When any exchange gets hacked its very obvious that there is some inside job.
If something like this happens people suffer losses and finding the culprits and recovering funds is really a very tough job.
Even few days back also reports stated that scammers are now using slow poisoning machine i.e they are using your computer for their own mining by using malware and sometimes phising.
I really had quite a bad experience long back at MT.GOX and still do not believe that any exchange is safe.
Happy mining and trading all
Enjoy.
So better to use paper wallet or own computer to store and use exchange only to transfer into that too in small amounts.
When any exchange gets hacked its very obvious that there is some inside job.
If something like this happens people suffer losses and finding the culprits and recovering funds is really a very tough job.
Even few days back also reports stated that scammers are now using slow poisoning machine i.e they are using your computer for their own mining by using malware and sometimes phising.
I really had quite a bad experience long back at MT.GOX and still do not believe that any exchange is safe.
Happy mining and trading all
Enjoy.
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
well. since we are digitally based, there are no safer place for our coins, that is the risk we have to take, from the time we have jumped in to cryptos, just look for the safest exchanges that has a good feedback from users, i know there are few safer exchanges out there, but since binance has been hacked i am sure they will be well guarded after what had happen, so theoretically, binance will be safer. they say lightning dont strike at the same place twice.
I think hackers are getting smarter as they keep looking for loopholes. And now it's hacking in several exchangers. I think this is bad news and will cause the holder to be worried. I think we must keep securing what we have in our wallets. And always be careful of any exchange.
Blackhat hackers are becoming smarter, they can easily break through the layers of security that programmers write to protect their bitcoin, but with their intelligence to attack the back door to serve. for theft, profit for yourself.
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
Yes i do agree on that, there are a lot of hackers today who are manipulating the prices in the market and that is the reason why some of the people are loosing their edge on cryptocurrency.
The hackers seems to have developed more sophisticated means of carrying out their heinous acts. They kept on trying to break the security protection of the registered accounts. Just be careful with your account that's all.
I think black hat hackers are really smart, which is why white hat hackers must know how black people think. It is their duty to protect exchanges because hacking will make exchanges less credible and will affect the entire crypto market. Just like what you say, investors start to fear now.
One reason why the market is currently downtrend. Exchange security is so low that they cannot protect it from hackers and intruders. The technology they use for security is not guaranteed and is strong enough to withstand hacking.
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?
Suppose that hackers need certain technological capacity to be used for hacking a resource. So why can't they use those virus-infected computers simultaneously for several attacks? Another reason might be that both these exchanges had similar vulnerabilities that simplified the breakdown of their protective system.
This is the war of knowledge, those skilled people behind an exchanges are defends their exchanges and those hackers are try to attack. The smarter people will be win. I think most of the defenders are smarter than the attackers.
Absolutely correct that defenders is the most smarter than attackers. That's why I believe that hackers will fail to steal others peoples money from an good exchange. Well we can'y expect all smart people to simply play by the rules if they have the wits to outthink it. There will always be people like this and the longer people are exposed to crypto, the smarter these hackers will get
I do not think they have become smarter. I think now is the era of technology and there are many tools that can crack the tight layers of security. This has helped many hackers and security need a very optimal way to prevent hackers intrusion.
Well this is a fact that the security of coding and decoding is not a hard nut to break and this is a reality that with the passage of time, the hackers are becoming smarter and can easily spot bugs in the security system of many top companies online and offline. That is the reason people hire hackers to improve their company’s security. In case of cryptocurrency, the blockchain technology has really proved a hard nut to crack and it is not so easy for them to get access to your wallets and all they want.
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