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Topic: hackers becoming smarter than exchanges? - page 8. (Read 4726 times)

copper member
Activity: 672
Merit: 270
November 21, 2018, 08:36:23 AM
In my opinion, these hackers will never be out of the topic when it comes to cryptocurrency, just like scammers in our daily lives, hackers will never leave as long as they are able to hack and steal money from others, I think it would be better if we just forget about them and focus more on how can we secure our holdings, let us study and use whatever way we can to protect whatever we have so that this hackers would have nothing to do but to stop.
Well they do anything just to get money from others because they're really greedy. Hackers are become more smarter but since the cryptocurrency have a good blockchain technology they not cannot easily hacked  the system of crypto. The best thing we can do is we must have a not easy to guess password and also its better if we are the only can know our own password and don't share to anyone.
full member
Activity: 364
Merit: 100
November 21, 2018, 04:35:36 AM
In my opinion, these hackers will never be out of the topic when it comes to cryptocurrency, just like scammers in our daily lives, hackers will never leave as long as they are able to hack and steal money from others, I think it would be better if we just forget about them and focus more on how can we secure our holdings, let us study and use whatever way we can to protect whatever we have so that this hackers would have nothing to do but to stop.
sr. member
Activity: 2338
Merit: 365
November 20, 2018, 07:36:02 PM
true, every day the ability of hackers always develops, while the security level of most exchangers does not develop.. so we should be the ones who must pay more attention to the security of our account, be very careful, activate Google Authenticator, and always change the password periodically.
sr. member
Activity: 1974
Merit: 453
November 20, 2018, 01:31:50 PM
Exchanges need to improve on their security in order to be able to stop hackers.Hackers are working hard to  improve on them self,so also the exchanges need to improve on security.

Everyday new exchanges are getting online and many of them are being built with bare-minimum investment. In such cases, they may not be capable of preventing sophisticated attacks from the experienced hackers.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
November 20, 2018, 12:10:25 PM
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.
There are a lot of hackers here in crypto world, that is why you need to be smart for you not to get hacked by them. A lot of people who have used cryptocurrency had been experienced to be hacked many times and it is horrible. So exchanges should be more secure and be more aware by hackers.

It's given that with the amount of money coming in to exchanges, they're prone to attempts from hackers. I think most of these exchanges do have a decent security protocol and it just so happens that there will be better hackers every now and then. It can't be helped since anything online can be compromised.
hero member
Activity: 994
Merit: 502
November 19, 2018, 05:52:57 PM
Ensuring cybersecurity is not an easy thing. And of course, for successful work in this direction, exchanges must spend a lot of money. So the first reason that hacker attacks still happen is the unwillingness or lack of ability to pay for cybersecurity.
The second point is that hackers are not simple people, they have a sharp mind, knowledge and understanding that things of what most other people, including professionals, cant even think about.
sr. member
Activity: 560
Merit: 250
November 19, 2018, 05:15:40 PM
Since it is not easy to be got caught for hackers, they are comfortable when they sitting on front of their computers and their activities are increasing day by day. Although it is difficult to hack directly the exchanges, there are so many exchange users who don't know how to use or take a minimum of necessary actions to be on safe side. Nobody would prefer to lose his earning so easily and everybody must be careful, follow current hacking cases, and try to learn the ways of protection against hacking.
jr. member
Activity: 126
Merit: 2
November 19, 2018, 05:02:05 PM
Exchanges need to improve on their security in order to be able to stop hackers.Hackers are working hard to  improve on them self,so also the exchanges need to improve on security.
sr. member
Activity: 454
Merit: 251
November 19, 2018, 01:46:44 PM
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.
There are a lot of hackers here in crypto world, that is why you need to be smart for you not to get hacked by them. A lot of people who have used cryptocurrency had been experienced to be hacked many times and it is horrible. So exchanges should be more secure and be more aware by hackers.
jr. member
Activity: 378
Merit: 1
November 19, 2018, 09:50:19 AM
Did you guys ever think that these exchanges are at war with each other and trying too hack each others networks? In the past few years we saw many exchanges being at the top but only to last for few months and then gets replaced but another.
i never think about it.and i think impossible for them doing this negative campaign to make other exchanges die.maybe it just your negative thinking and didnt proved yet.
but this condition could  happen too.although actually this is cruel scenario.if hackers caught by police all of these events can be revealed. whether they act alone or someone told them to.
I don't think like that, the incident that occur in an Exchanger I think because of their own fault. When an Exchanger has been hacked, developers always gave the reason is because it got hacked, but maybe its just the manner of their own, those who bring money traders blur there, not a hacker. Sometimes an Exchange just a scammer.
For bad and small exchanges, when they announce they are attacked by hackers, it is often a trap of exchange to steal money from traders and investors, they are really scammers as you say but with big and reputable exchanges, they never create such false news. Because that will reduce their credibility in the field of exchange, they will even lose a large number of customers, their news is always the truth, and the intelligence of the hackers is something that we can not deny, they are always smarter and go ahead one step in computer skills and security
legendary
Activity: 2954
Merit: 1159
November 19, 2018, 05:19:16 AM
Did you guys ever think that these exchanges are at war with each other and trying too hack each others networks? In the past few years we saw many exchanges being at the top but only to last for few months and then gets replaced but another.
i never think about it.and i think impossible for them doing this negative campaign to make other exchanges die.maybe it just your negative thinking and didnt proved yet.
but this condition could  happen too.although actually this is cruel scenario.if hackers caught by police all of these events can be revealed. whether they act alone or someone told them to.

Unfortunately it is difficult to detect and arrest hackers as everything is anonymous on internet. Using Firewalls and crypto  currencies, it is almost becoming impossible for the agencies to catch the corrupt thieves. Maybe we need to increase the technology in order to overcome this drawback of digital currency.
sr. member
Activity: 1246
Merit: 254
Trphy.io
November 19, 2018, 04:21:12 AM
Did you guys ever think that these exchanges are at war with each other and trying too hack each others networks? In the past few years we saw many exchanges being at the top but only to last for few months and then gets replaced but another.
i never think about it.and i think impossible for them doing this negative campaign to make other exchanges die.maybe it just your negative thinking and didnt proved yet.
but this condition could  happen too.although actually this is cruel scenario.if hackers caught by police all of these events can be revealed. whether they act alone or someone told them to.
I don't think like that, the incident that occur in an Exchanger I think because of their own fault. When an Exchanger has been hacked, developers always gave the reason is because it got hacked, but maybe its just the manner of their own, those who bring money traders blur there, not a hacker. Sometimes an Exchange just a scammer.
sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
November 19, 2018, 04:04:39 AM
Did you guys ever think that these exchanges are at war with each other and trying too hack each others networks? In the past few years we saw many exchanges being at the top but only to last for few months and then gets replaced but another.
i never think about it.and i think impossible for them doing this negative campaign to make other exchanges die.maybe it just your negative thinking and didnt proved yet.
but this condition could  happen too.although actually this is cruel scenario.if hackers caught by police all of these events can be revealed. whether they act alone or someone told them to.
full member
Activity: 644
Merit: 102
November 19, 2018, 04:03:16 AM
Hackers are indeed savvy. Exchanges should be up and doing for they know how insecure the crypto space is. They should not let their guides down and be alert at all times.  Their vulnerability is scaring investors as people will not want to invest in an unsecured environment.
member
Activity: 89
Merit: 11
November 19, 2018, 03:31:46 AM
The viability for small and new exchanges are becoming less and less as you can no longer start them up as a one-man operation. The awareness from hackers to exploit every single vulnerability has grown immensely and as an exchange owner you now also must protect yourself against 50% attacks which are almost impossible. The small coins used to be the niche for these small exchanges, but they might now also be their downfall.

full member
Activity: 730
Merit: 102
Trphy.io
November 19, 2018, 02:49:05 AM
I totally agree. I myself have doubts on exchanges this days
Maybe hackers are really more advance d now but sometimes you can helped but think that hacking issues on exchanges involves inside job.
newbie
Activity: 80
Merit: 0
November 18, 2018, 11:14:35 PM
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.
hacker is the same as other criminals, the aim is to benefit themselves, it can happen anywhere, but we can breathe a little relief because many countries have formed police cyber, who are indeed required to hunt cyber crime or any crime on the internet, we wait just their actions, hopefully this institution can make the hackers think not to commit crimes.
full member
Activity: 1017
Merit: 107
Axioma Holding - Axioma Pay Crypto Card
November 18, 2018, 10:57:28 PM
Did you guys ever think that these exchanges are at war with each other and trying too hack each others networks? In the past few years we saw many exchanges being at the top but only to last for few months and then gets replaced but another.
i never think about it.and i think impossible for them doing this negative campaign to make other exchanges die.maybe it just your negative thinking and didnt proved yet.
Pab
legendary
Activity: 1862
Merit: 1012
November 18, 2018, 05:00:29 PM
I remember famous exchanges like Cryptsy Mintpal CryptoRush and many many others
All of them were screaming about hacking
True was that exchanges has stolen people money
So who was smart those who didn't keep funds on exchanges
Crypto was and still is Wilde West Wilde West without good sheriff even
hero member
Activity: 1050
Merit: 508
October 31, 2018, 07:26:35 AM
Did you guys ever think that these exchanges are at war with each other and trying too hack each others networks? In the past few years we saw many exchanges being at the top but only to last for few months and then gets replaced but another.
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