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Topic: IS IT TRUE THAT CYRPTOWORLD IS PRUNE TO HACKERS? - page 4. (Read 978 times)

newbie
Activity: 112
Merit: 0
As the crypto currency has gained huge popularity and importance it is attracted to enormous people as well as the hackers.
newbie
Activity: 112
Merit: 0
Crypto currency is working on hackers so that the coins get safe. This would be really great. The investors will get more motivation.
hero member
Activity: 1078
Merit: 514
Crypto currencies are pretty new thing for the world and exchangers or wallet's for its storage appear like mushrooms after the rain, normally not all of them can guarantee the necessary level of protect to customers' founds. That's the reason why cyber criminal is blossoming.
sr. member
Activity: 630
Merit: 263
It is impossible to curb hackers. But who forces you to keep cryptocurrencies on the exchange? After the auction, take them to a cold store and there will be a very small probability that you will be robbed. It seems to me that the security of your funds is your problem and those who neglect security pay for it with their money.
full member
Activity: 630
Merit: 102
I am blaming the developers of exchangers, They have to put more priority on cybersecurity. We know that hackers are using every means and are using different ways to hack. It is like our residence, as arm robbers are using different ways to penetrate people house, people  also solidify  security of their houses.
newbie
Activity: 30
Merit: 0
there is a lot of unethical hackers that they do what they want to get money we cant do anything about that
hero member
Activity: 994
Merit: 544
The past year has seen the rise of Bitcoin and other cryptocurrencies. The increase as witnessed in the cryptoworld attracts many investors, ranging from those who understand the ideology of Bitcion and newbies whose idea was to get rich quick from investing into Bitcion world. The growth in cryptomarket also leads to increase in cybercriminals. The rate at which hackers were attacking exchanges are on the increase.

I just need your suggestion on how to curb menace of hackers in order to build investors confidence in this cryptoworld to optimum level.

Do you mean prone to hacking. It does not necessarily mean that if you have bitcoin you have a huge tendency that you will be hacked. If you are not very careful then you may be a victim of small time hackers. But we cannot deny the fact that big exchanges have been hacked and they lost huge amount of bitcoin amounting to millions to billions of dollars in value.
legendary
Activity: 2436
Merit: 1561
Quote
PRUNE TO HACKERS
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PRUNE
Huh


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I just need your suggestion on how to curb menace of hackers in order to build investors confidence in this cryptoworld to optimum level.

Teach people to follow recommended security practices when handling cryptocurrency + educate them on the technical basics + create pressure on 3rd party services to implement most secure solutions (i.e. multisig wallets).

If you want hackers to disappear, you need to take the opportunities away from them, meaning legit users need to do their homework.
newbie
Activity: 126
Merit: 0
not true
copper member
Activity: 196
Merit: 0
Due to give performance & get popularity of the crypto currency had attracted to investors. There for the result hackers are also alert & attack on investors who want to become rich very soon.crypto currency should be controlled to hackers, gave confidence to investors.
newbie
Activity: 74
Merit: 0
The past year has seen the rise of Bitcoin and other cryptocurrencies. The increase as witnessed in the cryptoworld attracts many investors, ranging from those who understand the ideology of Bitcion and newbies whose idea was to get rich quick from investing into Bitcion world. The growth in cryptomarket also leads to increase in cybercriminals. The rate at which hackers were attacking exchanges are on the increase.

I just need your suggestion on how to curb menace of hackers in order to build investors confidence in this cryptoworld to optimum level.
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