Above the sky there is still sky and if it is not smart, it is not a hacker, it has become a law of nature with hackers with the aim of destroying the system only for their own interests without thinking of other people who have been harmed.
what they want is their own satisfaction because they feel great and the crypto currency exchange system can make it rich which makes hackers hack it.
Topic: hackers becoming smarter than exchanges? - page 4. (Read 4726 times)
Maybe they are also conspiring with hackers. But this is just a wild thought. If hackers can break through the system, then it is about time that exchanges strengthen their security. Maybe upgrade personnel to further back up and also analyse lapses on the system.
Cooperating with hackers is really one thing people are always skeptical about exchanges when exchanges report unexpected attacks on their systems, but we may not be able to determine the truthfulness of this issue, it is too secret and few people can understand it. But hackers are becoming smarter, that's something we can't deny when technology sector is too developed and easy to penetrate, the exchanges are better, they still can't resist too many smart people but the intelligence of hackers will help the exchanges get better, we will feel safer when our money is in the exchanges. 
Some might be insider job where certain employer expose the loophole to hackers, or simply the hackers were too good at preying these exchanges. The potential reward was too great on efforts being used. Hacking wouldn't stop and it's the only way for exchange to truly consider and defend their systems. Hackers are mostly organized set of attackers and being successful as one isn't that bad either. One of the recent hacks where the hacker got access to a fat BTC wallet, and cleared the CAD/BTC orderbook, yet prior he placed several members buying at oddly low price and was able get away by buying time from the exchanges to identify the malicious members
This is not new, hackers are also opportunist. They are much like a magnet attracted to metal (money). However, companies and end-users aren't doing what they need to defend themselves. Do you think there's a conspiracy about this? As the old cliche goes by, an enemy will get close information to his enemy and they use it as an asset.
Maybe they are also conspiring with hackers. But this is just a wild thought. If hackers can break through the system, then it is about time that exchanges strengthen their security. Maybe upgrade personnel to further back up and also analyse lapses on the system.
Just as every business man adopts new strategies on how things work in order to maximize profit, hackers in crypto are also always on the move to come up with new strategies and codes to break the walls of protection of crypto users' wallets. This is why wallet creators and exchange site developers must always renew and strengthen their security in order to counter-attack any incoming attacks from hacker.
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.
This are the staffs of the exchange that fired. Maybe, they are the technical manager or who officiates the technical part. Exchange never easily intercepted without an inside job. It has many computer programmers that stabilize the system. But because of these "inside job" thing, hackers can attack easily the exchanges.Hackers always learn anything and try to do anything to get a security hole.
It's not that simple. Hackers will always have the upper hand because in technology you cannot protect all the vulnerabilities that you are not even aware of. It's just the nature of technology.
And even just constantly changing the technology is no good, because then you open yourself up for more unseen exploits.
And even just constantly changing the technology is no good, because then you open yourself up for more unseen exploits.
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.
This are the staffs of the exchange that fired. Maybe, they are the technical manager or who officiates the technical part. Exchange never easily intercepted without an inside job. It has many computer programmers that stabilize the system. But because of these "inside job" thing, hackers can attack easily the exchanges. 
I highly doubt that Binance could be named as hackable exchange . I remember that I red about Binance attempted hack where hackers had gotten access to many accounts with phishing and then one day they decided to use those accounts to sell users assets, buy another coin which hackers already had. Then they sold those coins for high price and tried to withdraw the funds.
I think that this is very advanced attempt but the Binance had already automatic algorithms which prevented this theft.
This shows that Binance is going with the times and is working to be secure.
It is hard to say about other exchanges which are hacked very often with or without help form inside.
I think that this is very advanced attempt but the Binance had already automatic algorithms which prevented this theft.
This shows that Binance is going with the times and is working to be secure.
It is hard to say about other exchanges which are hacked very often with or without help form inside.
I do think that they were always smarter than exchanges .
The bad things about technology is , no matter how perfect I seems right now but 10 years from now it will actually start getting used less because sooner or later technology is going to evolve and people will find faults within it and hack it.
If a particular exchange , a particular online firm , a company isn't able to update itself up every once in a while then I don't think it is going to survive 10 years from now.
With technology you need:- updates , simple.
The bad things about technology is , no matter how perfect I seems right now but 10 years from now it will actually start getting used less because sooner or later technology is going to evolve and people will find faults within it and hack it.
If a particular exchange , a particular online firm , a company isn't able to update itself up every once in a while then I don't think it is going to survive 10 years from now.
With technology you need:- updates , simple.
Exactly, hacking is like a profession to them that they put a lot of effort to look for loop holes for them to take advantage, they are indeed the smartest because they are able to bypass any security so exchanges should revisit their security measures and tighten it to avoid this types of problems.
They earn lots of money through it.
Exchanges have their systems and they need good securities since they will be holding a lot of money and cryptocurrencies but these hackers are so smart that they can bypass these securities despite the fact that they are just so close to being impregnable. That is the reason some companies hire hackers to develop their securities, hackers can counter hackers and there are kind of hackers.
according to google there are three types of hackers namely black , white and grey ( hat ) . the black is the bad one because they use thier skills on stealling . white and is good and grey can do both . the one that your talking about that a company hire is a white hat hacker and yes there are counters . hacking is really a profeesion because they also study and learn with it , it takes a long time to master it because hacking is a verry hard job even if you are already a computer litterate . thats the reason why hackers are smarter than an exchange or any website/security .
Exactly, hacking is like a profession to them that they put a lot of effort to look for loop holes for them to take advantage, they are indeed the smartest because they are able to bypass any security so exchanges should revisit their security measures and tighten it to avoid this types of problems.
They earn lots of money through it.
Exchanges have their systems and they need good securities since they will be holding a lot of money and cryptocurrencies but these hackers are so smart that they can bypass these securities despite the fact that they are just so close to being impregnable. That is the reason some companies hire hackers to develop their securities, hackers can counter hackers and there are kind of hackers.
They are being called hackers for a reason, they can bypass the security no matter how tight and secure the system is as they can try many ways to bypass and fulfill their jobs to be done. If they were not smart, then they wouldn't get call as hackers.
Also for those whose saying that exchanges need to improve their security. It's not easy to do and it takes time to do it.
Also for those whose saying that exchanges need to improve their security. It's not easy to do and it takes time to do it.
Exactly, hacking is like a profession to them that they put a lot of effort to look for loop holes for them to take advantage, they are indeed the smartest because they are able to bypass any security so exchanges should revisit their security measures and tighten it to avoid this types of problems.
They are being called hackers for a reason, they can bypass the security no matter how tight and secure the system is as they can try many ways to bypass and fulfill their jobs to be done. If they were not smart, then they wouldn't get call as hackers.
Also for those whose saying that exchanges need to improve their security. It's not easy to do and it takes time to do it.
Also for those whose saying that exchanges need to improve their security. It's not easy to do and it takes time to do it.
Exchanges are doing well each time because the exchange site is always under attack. The exchange developers, however, need to put in extra effort to improve the security as hackers always find new codes to break the old security walls.
And now we are seeing that the entire market is already booming up and BTC is on the rise.Lets expect for an another possible
exchange hacks news because most of the time when market tends to be bullish,these kind of news do pops out unexpectedly.
Hackers do attack when its the right time.
exchange hacks news because most of the time when market tends to be bullish,these kind of news do pops out unexpectedly.
Hackers do attack when its the right time.
We all know that the hackers is very smarter they can do anything in just one click. Maybe the problem is the low security of the exchanges that's why they easy to hack. They need to make a strong security to make sure that this hackers can't make enter anymore.
Hackers are now more smart than the exchanges and it's time to change that. The exchanges now need high security to protect their exchanger 24/7 for the sake of the trader because possible the trader will be suffer that also if exchanger hacks. Not only them need to be smarter but we as a trader too we need to become smart now by simply transfer our coins from the exchanger to the wallet.
I think IT technicians from an Exchanger are certainly not stupid people they are great people, but a system certainly has its disadvantages. so that the shortcomings were traced by hackers, for them to be damaged.
But that does not mean the Hackers are smarter than exchangers
But that does not mean the Hackers are smarter than exchangers
I think the hacker is indeed clever, he is always looking for loopholes to be able to commit a fraud. so sometimes hackers are indeed looking for an opportunity that sometimes we are off guard. therefore we all have to be careful about the existence of hackers. because the hackers really are very detrimental.
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