hackers becoming smarter than exchanges? - page 20.

wuvdoll

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Quote from: ningo on July 12, 2018, 07:24:31 AM

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.

We all already knows that nothing online is very safe these days. So since you already know that, it would be best if you can move your coins from exchanges to your main wallet which is more secured. As for exchanges you should only leave the coins you want to trade with on exchanges while the rest stays in your wallet. Although there are safe wallets out there, I still wouldn’t advise anyone to keep their coins in exchanges.

When hackers are also human being they cannot go smarter than us, lol. I mean safety measurements are being innovated day by day to get rid off those smart hackers but some of us are very lenient in covering all the checks of protecting our assets and accounts that is the reason why sometimes hacker go smarter than us.

tubig123

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We must be prevent hackers cannot becoming smarter than exchange it can be maked a big image to all the investors and members if it will happened.The organization will not be trusted anymore if the hackers can not stop.

Sama517

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With the rampaging nature of this hackers, everyone just has to be extra vigilant. The exchanges also has a lot of work to do in order to protect the investment of their customers.

Rhaizan

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Quote from: Indamuck on July 12, 2018, 08:15:14 AM

Most of these "hacks" are inside jobs. They come up with excuses so they can easily run away with users' money. I've seen it time after time and it looks like this will never stop as long as there are greedy people in this world.

Those people are not yet contented with what they have. But anyways, they are not becoming smarter, they're becoming evil. I hope that this won't happen to all of us.
All together, let us promote kindness and generosity for these are the good characteristics that the world have been lacking of.

I feel very sad for those people who cannot be contented for what they have, they want to have many more money, an easy money but they did wrong because they hack the money of other people .

gambitcoin53

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Quote from: ningo on July 12, 2018, 07:24:31 AM

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 exchanges are just third parties that usually has low resources due to competitions in the market, its just that hackers are too smart no to spare exchanges such as binance, we cannot stop them, if they want to hack someone they will hack them eventually even the most secured sites are not safe to these hackers, i think the best thing to do is find some exchanges that not yet eyed by hackers that is why it is important to never put your coins in one place, use multiple exchanges.

paparexon0414

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Those evil minds will always find ways just to gain profit from the other. I also believe its also an inside job, due to this exchanges have a tough security. Those who develop their system ( not saying all of them, just stating some possibilities) have this multiple access and can be only penetrated by them. If ever, there are some people who manage to do it outside, well they are really intelligent (in such a bad ways) and smart. Its just really sad, i hope they just use it in more progressive way.

naily

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indeed hackers are constantly trying to find weaknesses from exchange sites, as investors we have to be careful, if I make exchanges for the short term so that it is not too long in the exchange site

lehuong

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Hackers are always looking for ways to steal information from the person who is holding the bitcoin and, moreover, the bitcoin will give us a lot of valuable assets, but the bitcoin system is very safe and hackers can not. more intelligent than the exchanges

sheenshane

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Quote from: The_Dark_Knight on August 14, 2018, 10:18:25 PM

Quote from: siglesias on August 08, 2018, 08:56:17 AM

I don't think so. there may be a small number of "bugs" in the exchange systems which allows or make it easy for hackers to hack exchange site. if hackers become smarter, I can imagine there will be many cases of big exchange hacked in every day.

People have the wrong idea that hacking happens in a matter of minutes but a big hack takes months to plan and to execute, hackers first need to find a way in, and most of the time they are going to do that with a phishing email or something similar since customer support needs to respond to people, once they get that they look for vulnerabilities and that is something that takes a lot of time, once they know what they want to do they do it and steal the coins.

I don't have ideas on hacking because I'm not one of them, well, as what you have said above probably right since there are noobs people in clicking phishing sites instead of the real one. Nowadays, these hackers may easily steal our fund from our wallet in just a couple of hours if we are not careful with our private keys. Why we get hacked if we know how to secure our private keys and avoid clicking given links.
Those big exchanges get hacked maybe when it comes there is a bug the hacker take advantage on that time they are always ready to attack and waiting for victims. A system is always hackable there is no guarantee on this to be secured.

The_Dark_Knight

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Quote from: siglesias on August 08, 2018, 08:56:17 AM

I don't think so. there may be a small number of "bugs" in the exchange systems which allows or make it easy for hackers to hack exchange site. if hackers become smarter, I can imagine there will be many cases of big exchange hacked in every day.

People have the wrong idea that hacking happens in a matter of minutes but a big hack takes months to plan and to execute, hackers first need to find a way in, and most of the time they are going to do that with a phishing email or something similar since customer support needs to respond to people, once they get that they look for vulnerabilities and that is something that takes a lot of time, once they know what they want to do they do it and steal the coins.

boyz97

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Quote from: Farma on August 10, 2018, 01:02:14 PM

Quote from: KalaiBTC on August 10, 2018, 02:41:00 AM

Quote from: siglesias on August 08, 2018, 08:56:17 AM

I don't think so. there may be a small number of "bugs" in the exchange systems which allows or make it easy for hackers to hack exchange site. if hackers become smarter, I can imagine there will be many cases of big exchange hacked in every day.

Whatever we made, there are always some loopholes remaining and these vulnerabilities are delicious to hackers. They sometimes use this little point and check whether our data can be compromised or not and results are mostly in their favor. Experts have devised some best practices that must be followed for a classical safety. Otherwise we would be complaining like everyone else.

I think, there are so many great hackers out there. even some famous exchangers can also be damaged in the defense system. I think they always develop their abilities at any time, which is why they are hard to beat.

their tools and weapon always developted.and it is very support their various technique to damage crypto exchange security system.hackers are genius people , they now how to solve problem while attacking system

mooen

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Hackers see that the movement of cryptocurrencies is in full swing and at very high prices, why not tear off a piece of cake, if they can.

Farma

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Quote from: KalaiBTC on August 10, 2018, 02:41:00 AM

Quote from: siglesias on August 08, 2018, 08:56:17 AM

I don't think so. there may be a small number of "bugs" in the exchange systems which allows or make it easy for hackers to hack exchange site. if hackers become smarter, I can imagine there will be many cases of big exchange hacked in every day.

Whatever we made, there are always some loopholes remaining and these vulnerabilities are delicious to hackers. They sometimes use this little point and check whether our data can be compromised or not and results are mostly in their favor. Experts have devised some best practices that must be followed for a classical safety. Otherwise we would be complaining like everyone else.

I think, there are so many great hackers out there. even some famous exchangers can also be damaged in the defense system. I think they always develop their abilities at any time, which is why they are hard to beat.

Donationcoin

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Quote from: ningo on July 12, 2018, 07:24:31 AM

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.

This is an obvious in common thing in the role that hackers Are continuously growing in they are knowledge and experience so they are a real threat in our cryptocurrency world because they can shake us.

terrific

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Quote from: jrrsparkles on August 08, 2018, 11:45:33 AM

Hackers are doing this as their profession so they need to do with the perfection if they want to make money. Cheesy

Profession of being criminal and robbers, they are smart and yet they work with the laziest idea that they can.

Quote from: jrrsparkles on August 08, 2018, 11:45:33 AM

Hackers means smart individuals in my opinion because they were good at finding the loop holes of any security system and will reach through it

Hackers has two sides, the good and the bad ones.
Those good hackers are called white hat hackers and the bad ones are black hat hackers.
And these hackers that rob exchanges are black hat hackers, while the white hat hackers they help a company if they see some loop hole.

Aivaryamal

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Scammers never dozed off and always find ways to bypass the protection of various exchanges and resources, just need to be even more careful about our data, to come up with complex passwords, and finally soon we will be secure decentralized sites.

KalaiBTC

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Quote from: siglesias on August 08, 2018, 08:56:17 AM

I don't think so. there may be a small number of "bugs" in the exchange systems which allows or make it easy for hackers to hack exchange site. if hackers become smarter, I can imagine there will be many cases of big exchange hacked in every day.

Whatever we made, there are always some loopholes remaining and these vulnerabilities are delicious to hackers. They sometimes use this little point and check whether our data can be compromised or not and results are mostly in their favor. Experts have devised some best practices that must be followed for a classical safety. Otherwise we would be complaining like everyone else.

knggtrrz

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Quote from: andrei56 on August 09, 2018, 09:16:20 PM

It is not that hackers are smarter than exchanges, the problem for exchanges is that they are sitting targets, everyone knows they are a target including themselves, but they do not know where the enemy is coming from or from which direction or when it is going to appear, so hackers despite not having the same resources available have a great advantage over exchanges.

You are right, because of the modern technology and new programmings, hackers can always finds vulnerabilities to attack websites or exchanges, the most important thing exchanges keeps updating their system.

Pendularin

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Quote from: andrei56 on August 09, 2018, 09:16:20 PM

It is not that hackers are smarter than exchanges, the problem for exchanges is that they are sitting targets, everyone knows they are a target including themselves, but they do not know where the enemy is coming from or from which direction or when it is going to appear, so hackers despite not having the same resources available have a great advantage over exchanges.

The exchanges will scam people if they wanted to do it, unless their site has a definite foundations to prevent any inappropriate activities to happen. If hackers could invade the system security of the site, then the support of the exchanges was broken. They will be more liable to have secured firewall so that probable attackers will be prevented.

andrei56

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It is not that hackers are smarter than exchanges, the problem for exchanges is that they are sitting targets, everyone knows they are a target including themselves, but they do not know where the enemy is coming from or from which direction or when it is going to appear, so hackers despite not having the same resources available have a great advantage over exchanges.

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