hackers becoming smarter than exchanges? - page 25.

GangNamSK

member

Activity: 280

Merit: 10

Quote from: AjithBtc on July 23, 2018, 08:32:36 PM

Hackers were getting more smarter exploring ways to enter the world of cryptocurrency. At the same the exchanges as well wallet service renders too have involved in the process of making them more stronger to stay away from hackers. In the past hackers could have entered with ease, and now scenario is different.

Exactly. I think so.
These types of hackers are increasingly smarter to explore ways to enter the electronic money world.
At the same trading floors as well as seo services are also involved in the process of making them stronger to stay away from hackers.
In the past the hackers may have entered easily, and now the script is different.
So invest wisely and know how to protect your assets.

pat4cryptoreal

full member

Activity: 630

Merit: 102

All of us that are not programmers and developers working in those exchangers that were hacked will blame them for allowing hackers to hack those exchangers. I know there is exchanger that will not do everything possible to prevent such occurrence. I just want to advice the exchangers to work harder on security.

RockHenki

member

Activity: 238

Merit: 10

Yes, they are much smarter than we think. The trading platforms have increased the security level very high but they can still penetrate all the way. Perhaps security systems have not had a big impact.
We should transfer all of our wallets or transfer them to the cold wallet. It will help you preserve your property better.

mornabo

hero member

Activity: 1148

Merit: 504

Quote from: axemelada on July 23, 2018, 07:05:51 PM

I think this is due to the fact that not all exchanges are properly concerned about their security. You can force people to two-step authorization, then everything will be calmer.

there are some exchanges that force using 2fa for their users and I think it will be much better because someone's account will be
safer, I think other exchanges must follow that, besides that the internal exchange system itself must be stronger so that hackers cannot enter in it

Marlo0619

jr. member

Activity: 196

Merit: 6

🚀🚀 ATHERO.IO 🚀🚀

Yes that is very true. We all know that technology nowadays is very popular to the whole world. Then internet is very vulnerable to all people because all people can use the internet and you can do everything there. The only problem is that you will choose whether good or bad you are going to do. But there are people who chose bad things. Like the hackers. Hackers are very wise when it comes to hacking the systems of a certain website or evwn banks. We just need to be wiser than them.

The_Dark_Knight

hero member

Activity: 840

Merit: 502

Quote from: Dimon8 on July 19, 2018, 02:12:16 AM

Hackers do not become smarter than exchanges. I think that most of the hacking is either fake or internal hacking. Perhaps the "whales" themselves and organize these hacking. From the news about the hacking, they can speculate and earn.

The whales have nothing to do with the hacks, in fact the whales are afraid of the hackers since one day you are a bitcoin whale and the next day you get hacked and you are a small fish, this is one of the reasons of why exchanges keep most of their coins in cold storage so no hacker can steal from them, but they still need to keep some coins online so their clients can cash out instantly and those are the coins hackers can steal.

w33man

full member

Activity: 462

Merit: 100

I totally agree, however, it can be that most of these hacks are inside job. A lot of exchange sites are hacked this year which caused the market to drop. That is why most people are avoiding using major exchanges since some are scared that it might be targeted next.

arin_muah

sr. member

Activity: 504

Merit: 250

Quote from: Sarastiche on July 23, 2018, 08:21:28 PM

Security is core in cryptocurrency exchange platform, I always recommend exchange platform to employ hackers in there team before embacking on the establishment of there website, test run and re test run, before launching out, If you security is intact and highly rated, you tends to enjoy more folllowers and user of the site compare to an exchange with low security.

security testing is need before exchange launched.and this testing always involve this hackers.but there are two type of hackers.and one of them is blackhat that always steal or crack network system.

AjithBtc

sr. member

Activity: 1666

Merit: 276

Vave.com - Crypto Casino

Hackers were getting more smarter exploring ways to enter the world of cryptocurrency. At the same the exchanges as well wallet service renders too have involved in the process of making them more stronger to stay away from hackers. In the past hackers could have entered with ease, and now scenario is different.

Sarastiche

member

Activity: 532

Merit: 10

BITCOIN IS THE CURRENCY OF THE GLOBE

Security is core in cryptocurrency exchange platform, I always recommend exchange platform to employ hackers in there team before embacking on the establishment of there website, test run and re test run, before launching out, If you security is intact and highly rated, you tends to enjoy more folllowers and user of the site compare to an exchange with low security.

axemelada

jr. member

Activity: 86

Merit: 1

I think this is due to the fact that not all exchanges are properly concerned about their security. You can force people to two-step authorization, then everything will be calmer.

iv4n

legendary

Activity: 3248

Merit: 1179

If exchange has money for investing they will pay good hackers for protection, if they don't pay they will be hacked. It's nothing new in the world, every big company that work's with huge amounts of money pays for protection on more then one place.
When some big exchange gets hacked my first thought is inside job, it must be it. In most cases when exchange gets hacked, or big bank gets robbed it's someone from the inside.

Dimon8

jr. member

Activity: 420

Merit: 1

Hackers do not become smarter than exchanges. I think that most of the hacking is either fake or internal hacking. Perhaps the "whales" themselves and organize these hacking. From the news about the hacking, they can speculate and earn.

PDNade

member

Activity: 308

Merit: 11

D E P O S I T O R Y N E T W O R K

Hackers are not only one... they are also a team, a group just like the owner or build the Bitcoins they are group of people who loves distruction but I idolize some hackers not only in crypto but in some other ways who are good and help the poor... if you search some in the internet there it was... now we have many scammers in crypto and they targeting some exchanges that have a low security that it will be breach easily.

mikyadel

full member

Activity: 448

Merit: 100

Arabic Translator

No system is 100% secure ! .yet, crypto exchanges suffer from lots of hack breaches lately , but most of them are inside jobs as some fellow members have mentioned , rest is only a way to manipulate prices in favor of whales to invest in the market . i think once crypto market gets legalized ,we won't see that many hacks.

The_Dark_Knight

hero member

Activity: 840

Merit: 502

Quote from: Girlsbit on July 14, 2018, 02:59:28 AM

It is necessary to strengthen the safety of bitcoin.

You are wrong, bitcoin is as secure as it can be, what it needs to be strengthen is the security of exchanges, they are managing millions and millions of dollars in coins from all over the world and they still are unable to avoid being hacked, if they were hacked at all, since in the past there have been many suspicions that most hacks were inside jobs or just outright stealing.

Girlsbit

newbie

Activity: 108

Merit: 0

It is necessary to strengthen the safety of bitcoin.

satana_igor666

newbie

Activity: 112

Merit: 0

Well, it's clear why they chose exchangers. For them, this is something new, where everyone can show that he is better and earn.

paparexon0414

full member

Activity: 432

Merit: 126

Exchanges are susceptible in all kinds of hacking. Everyday, hackers are making new innovation and created hacking that even the toughest security can be penetrated. Its really alrming that those kind of people are in this kind of wring doings. In the end many people are taking all the negative effects. I am not sure if this hacking is influencing the cryptos downfall. But as this continue, we will never know if investors are going to continue their trust in this exchanges.

Veronika94

newbie

Activity: 91

Merit: 0

The safety system must always be updated, especially in the case of cryptocurrency, as many have begun to invest in this area.

Topic: hackers becoming smarter than exchanges? - page 25. (Read 4726 times)