Topic: hackers becoming smarter than exchanges? - page 17. (Read 4760 times)
yes and They are bringing commonsense measures to find the offenders yet the inquiry at the forefront of my thoughts is for what reason could incidentally the two trades be hacked?Now it gives the idea that the trades are not moving at a speedier and inventive approaches to redesigning their frameworks and permit these programmers time to examine their frameworks well,identify the escape clauses and cause the problem.In my assessment, trades ought to dependably move in a capricious path in order to dependably confound these con artists .The con artists are driving new financial specialists off and this must stop.Exchanges must be up and doing as such that we can pull in new speculators into digital money else our endeavors are going futile to drawing in new financial specialists.
Exchanger I think I have to have a strong security system and keep updating every time, because hackers always try to break into the security system every time, just imagine they are always looking for loopholes and making use of the slightest gap to break into the main system of the exchange
I hope that all exchanges are using some sort of cryptographic technologies similar to blockchain where hackers have to solve mathematical equations that will trap them in to a loop and will just waste their time entering the main system of an exchange to avoid hacking.
Hackers always try to be a step ahead of the current security. Many exchanges have outdated security and are very vulnerable. I trust only few exchanges now, like Kucoin, Binance, Cobinhood. I feel these are much safer then all the others.
In this recent times, hackers are proving stubborn in the sense of becoming smarter and faster on the cryptocurrency business. It takes vigilance and caution in order not to become a victim.
There are many cases of hacker attacks on various reliable databases. No wonder they got here, too.
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.
I think It is a challenge for a crypto exchanges to defend their exchange site from those smart hackers. They should keep updating system or let we say ugrading as well. To prevent easily hacked and so on many Investors will admire to Invest more to their exchange site, once they found more security on their site.
In my thinking, hacking is everywhere now, just one wrong moves then everything will be done in a second.. Better be safe before doing anything check first. And put some security feature.
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.
that is a reality because no one can create the good technology in this world except programmer, technician and IT expert and I know that before they will become a Professional they will experienced to experiment like hacked to some other government system or whatever they want so we have no excuses here if they want to attack us... so we have to prepared on this to prevent of our property one of the victim of hacker.
I think you are right because at this time every exchange place will definitely have security that is always upgraded but if you know usually hackers will be able to find out the weaknesses of security, because there will be no strength without weaknesses.
for now, hackers are trying to find loopholes from each exchanger to steal assets they have. well, that is something extraordinary, because it can penetrate defenses that can be said to be equivalent to a bank. yeah, but still it's a crime. I think they use their intelligence in the wrong way. 
I think you are right because at this time every exchange place will definitely have security that is always upgraded but if you know usually hackers will be able to find out the weaknesses of security, because there will be no strength without weaknesses.
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.
but it is very difficult to stop these hackers or scamer, there is no such application to deal with such criminals. if there is a possibility it will at least reduce crime so investors will be safe.In my own opinion, people can always get hacked through different ways such as phishing sites and fake links coming from airdrop bounties but if the person is smart enough to determine if it was legitimate or not then he/she can avoid being scammed or hacked by an exchanger or a phishing site.
They should be aware of the internet world that everything is unsafe and very vulnerable to hacking. Make things as complex as possible so that hackers do not easily break anything valuable in the internet world. Hackers are on the wrong path, if hackers can be properly employed, maybe they will make a strong security system to apply to important and big websites in the internet world such as exchanges etc.
What is the guarantee if hackers are hired to back up their security systems if they are hired they will be a problem in the future. Human nature cannot be eliminated by giving a little money. the only way to avoid hacking is full transparency, even the wallet must be transparent and easily identified by the owner. this way will prevent all cheating.
Hackers are some of the reasons why we are currently a downtrend jn our market. Bitcoin/token holders tend to panic uy and sell all their holding because they are all afraid of the fact that their holdings maybe hacked.
I think that hackers are really smart and they become smarter daily, i m not a hacker butk knew one guy who could do really such things that I thought impossible to do, i think it is bad to hack but such mind impresses me
Hackers are really know what their first move they want to do, sometimes we don't know what they are doing but for sure hackers are almost smarter than what we expect of them. Coz I know hackers have a companies or a group mates to learn how to success of being hackers. So we need a double care.
Yes, because of the groups of hackers they will be able to learn how to hack the highest security in an exchange, so we better make our best to secure our funds.
I think that hackers are really smart and they become smarter daily, i m not a hacker butk knew one guy who could do really such things that I thought impossible to do, i think it is bad to hack but such mind impresses me
Hackers are really know what their first move they want to do, sometimes we don't know what they are doing but for sure hackers are almost smarter than what we expect of them. Coz I know hackers have a companies or a group mates to learn how to success of being hackers. So we need a double care.
Hackers will not become smarter than crypto-currency exchanges, just many crypto-currency exchanges are stupider than hackers and can not make a decent protection for their projects.
Sure enough this people is sometimes smarter than we expect, they study too and know everything about their target that is why we need double careful and security about what we belong.. even people behind exchanges and market need extra careful about tokens
Hackers are usually very sensitive to new technologies. Because encryption is a new industry, there are bound to be many loopholes in the early stages of the development of the exchange, so there are many hackers studying the loopholes in the exchange every day.
copper member
Activity: 141
Merit: 1
API-Based Smart Contract Solution For Exch Hacking
Hello people,
Security is an ongoing challenge in the crytocurrency world. Unfortunately, it takes away so much value from the market. Hats off for people dedicated to beefing up security and fighting hacking. Please check out a project that compensates investors for losses incurred in exchange hacking damages.
Please check out INCODIUM. Smart Compensation for exchange hacking damages.
Security is an ongoing challenge in the crytocurrency world. Unfortunately, it takes away so much value from the market. Hats off for people dedicated to beefing up security and fighting hacking. Please check out a project that compensates investors for losses incurred in exchange hacking damages.
Please check out INCODIUM. Smart Compensation for exchange hacking damages.
Jump to: