Topic: hackers becoming smarter than exchanges? - page 6. (Read 4760 times)
Later the new news about binance that have been hacked, estimated $40 million and this is insane, how can they breach it and also they collected some users to it was sad to say those victims but this is would be learn from now on in binance that they will strengthening their security in exchanges.
it's not like that. hackers are not smarter then exchanges it's just the fact that they focus on finding the security loopholes and exchanges try to secure their sites in every possible way. it's like a war between the security vs majority because there are a lot of hackers searching for a bug or vulnerability and there is one 1 exchange to protect from them. Even good and Microsoft got hacked so why can't exchanges be hacked.
I think giving the space in our side will be the positive for the hackers to be easily allowed for your way so making your life more secured is important especially in Crypto field nothing is safer if you are careless.
Is true that hackers try always to find new ways to hack exchanges and also i think if a lot of people will take their measures when go online then the hackers life will be more hard and will not happen so much hacks.
When Technology develops the hackers are also been developed because they can perform well with the technology so we need to be improved a lot then only a little bit security will available for us.
The scammers are scaring new investors away and this must stop.
One reason why the market is on a downtrend at the moment. The security of exchanges is miserably low that they cannot protect it from hackers and intruders. The technology they are using for security is not secured and strong enough to resist hacking. Black hat hackers are really smart which is why the white hat hackers must know how the black ones think. It is their job to protect the exchange because hacking will make the exchange less credible and will affect the whole crypto market. Just like what you said, investors are getting scared now.
of course, if a hacker can penetrate the security of an exchanger, the hacker wins the exchanger. I think the security of an exchanger must be increased again so there is no theft.
Well if exchangers will use proper and safe security means for this I am sure no one can hack of take your money, exchangers are always ahead from hackers and there is blockchain and those who use it know very well how to keep it safe and gets better results at the end, but still some are damn experts so better taking care than crying later.
it is their work to find loop holes in the system or application ,so we cant have permanent solution to these activities it is better for exchanges to have regular security checks to ensure proper usage of accounts and keep the fund in cold storage .as dex popularity is increasing we can see centralized exchanges using dex tech to secure themself and i would recommend that exchanges should have partnership with security firm which can enhance their security.
Because the hacker becomes smarter so they will be hacked what ever they want so those have big business here in crypto world like the exchanger better to do the best for your site to secure fron any threats that possible to fail to you or gone like the hackers who are wants to hack the exchanges site because mostly they will get millions of dollars in one hacking a exchanges site and they are rich in short period of time.
hackers always try something new and they have the principle to never give up before they can reach the target, and usually the exchange is too careless and too relaxed about the security that is in place of exchange, making hackers smarter and finally many places of exchange affected hack. Hackers are becoming more skillful and knowledgeable than before because more exchanges are continuing to be hacked. If we will store our cryptocurrencies, it is really better to store it in a cold storage because exchanges are now vulnerable to hackers.
- Exactly, hackers are becoming more intelligent and skilled than ever, they even had many times beat the exchange with their talents but we should not forget that exchanges have also started to become more intelligent and secure after attacks from hackers, I even saw a lot of reliable exchanges that constantly update the system and upgrade the security to the utmost. Although it still has minor flaws, but our money can still be guaranteed very well, we do not need to store in cold wallet, that will be very inconvenient for our tradingAnd you can expect them to be a lot more skilled and smart in the future as the technology progreses. Thankfully, most large exchanges aren't lagging in their security as well. But as people who value our assets, it's better not to leave things to chance since there are a lot of ways we can secure our coins.
Because the hacker becomes smarter so they will be hacked what ever they want so those have big business here in crypto world like the exchanger better to do the best for your site to secure fron any threats that possible to fail to you or gone like the hackers who are wants to hack the exchanges site because mostly they will get millions of dollars in one hacking a exchanges site and they are rich in short period of time.
Hackers are becoming more skillful and knowledgeable than before because more exchanges are continuing to be hacked. If we will store our cryptocurrencies, it is really better to store it in a cold storage because exchanges are now vulnerable to hackers.
- Exactly, hackers are becoming more intelligent and skilled than ever, they even had many times beat the exchange with their talents but we should not forget that exchanges have also started to become more intelligent and secure after attacks from hackers, I even saw a lot of reliable exchanges that constantly update the system and upgrade the security to the utmost. Although it still has minor flaws, but our money can still be guaranteed very well, we do not need to store in cold wallet, that will be very inconvenient for our trading I think hacker is very smart for technology Moreover, how they can do these tasks.We keep all our information confidential but how they are our account is hacked.Surely there is something that is bad inside them which applies to us.So, we have to stay alert every day.do not ignore Unknown mail,use strong password,try to use different password every sections then we will save.
besides that I suggest not to save assets on exchangers, because it will be dangerous, or you have to divide assets on several exchanges to save them, so that it can prevent deep losses, if something bad happens
Hackers are smart but I wish they do not use their smartness to steal peoples fund and make them sad. If they could just turn their smartness into something beneficial that will be better.
Hackers have huge bounty for their work to outsmart exchanges, so exchanges will be always on attack. Exchanges needs to improve their security, but we need to move our bags from exchanges anyway.
"Your Keys, Your Bitcoin. Not Your Keys, Not Your Bitcoin" - Andreas Antonopoulos
I know that this will continue to happen all the time. because there will always be hackers on the internet, there will always be exchanges that are attacked. security in the exchange will be even tighter, but hackers will also get smarter, your job is to secure it "Your Keys, Your Bitcoin. Not Your Keys, Not Your Bitcoin" - Andreas Antonopoulos
This is what I've been telling all this years, they are always one step of the game and no matter how exchanges has toughen up their security measures, these hackers always find a way to breach them and take funds from unsuspecting victims. So it's really up to us to really not store huge amount of funds in the an exchange but put everything in a wallet wherein we have total control like hardware wallets.
Hackers are becoming more skillful and knowledgeable than before because more exchanges are continuing to be hacked. If we will store our cryptocurrencies, it is really better to store it in a cold storage because exchanges are now vulnerable to hackers.
The lack of preparation and also the big ambition in making exchanges is a reason why hackers can penetrate the security of an exchanger. this is indeed very bad where hackers are able to penetrate the security of an exchanger
We all k ow that this hackers do anything to hack some exchanges but some exchange now do everything to protect their platform. So what ever that hacker smart there some will make way to protect the any platform especially exchanges that put high security.
exchanges now trying to make more layer of security to protect their customer,they spend much money to this defence sytem so no more hacking case from their exchanges.meanwhile hackers supported by new technology in IT so they could explore more technique to attack defence sytem from exchanges.
hackers keep trying to break into the security system of an exchanger, they keep trying harder to enter the security of the exchanger called safe.
on the one hand this is a crime that cannot be tolerated, but on the other hand heckers make security administrators of an exchanger try harder to keep on updating and improving the security system on their exchangers so they cannot be damaged by hackers.
on the one hand this is a crime that cannot be tolerated, but on the other hand heckers make security administrators of an exchanger try harder to keep on updating and improving the security system on their exchangers so they cannot be damaged by hackers.
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