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Topic: NEW EXCHANGE PROJECTS PROMISING HEAVEN AND EARTH OF SAFETY - page 2. (Read 255 times)

hero member
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Top Crypto Casino
Won't this be a dimension to which another scam springs up
Exactly. No matter what kind of resolution they'll do still these hackers will upgrade. I hate these hackers because they really are making the reputation of crypto bad in the eyes of the newcomers and no coiners. But they are not only existing to the crypto market and most of the people don't know about that. Because they are hot in crypto and there's a huge money that's involve with the news and reports, this is preventing the newcomers to come.
hero member
Activity: 1470
Merit: 655
mostly exchange claiming they use quantum resistant which helps protect against the theft and Hacking of individuals wallets on their platform.

"quantum computers" and "quantum resistance" has turned into the new buzzwords of these days anyone who wants to fool others into thinking their product is secure are using these terms!
the funny thing about this case is that exchanges don't get hacked because of the encryption technique they use! they get hacked because of lack of it or because of their flawed overall system that had easy ways of getting hacked. and not to mention all those exchanges that scammed their users and called than a hack.
copper member
Activity: 266
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SYNCHROBIT
There is no exchange that can protect your funds with 100 percent safety. Sooner or later an exchange would be hacked or have another issue, the main factor is how exchange management is going to handle this, because nobody really cared about Binance hack, because all the funds were restored.
legendary
Activity: 2114
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https://bitcoincleanup.com/
Promises and sweet talks is where they get their money. Many new investors still fall for "great ideas" and I won't be surprised if they start giving out their money to these developers with "great potential" projects. We'll see where this quantum resistant craze leads the crypto exchange market.

Won't this be a dimension to which another scam springs up
Surely scammers can exploit this. They know what's happening and they can utilize the latest information to enrich themselves
sr. member
Activity: 896
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OWNR - Store all crypto in one app.
I am sure that scammers/hackers will improve their skills as well as protection methods. get rid of scammers forever will not be possible. even the existing banking system is constantly hacking
Indeed, we can't easily get away from them because just like what you have said they will do anything whatever it takes just to deceive other people and take advantage on them particularly for those people who doesn't have enough understanding on how they can secure their assets. For that reason, we need to be more cautious to avoid having some problems when it comes to scammers.
10c
full member
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I am sure that scammers/hackers will improve their skills as well as protection methods. get rid of scammers forever will not be possible. even the existing banking system is constantly hacking
jr. member
Activity: 448
Merit: 1
It is reported that by forbes.com that $4 billion worth of cryptocurrency was lost to scammers through Hacking. It even claims binance in May lost about $40 million to Hacking. This development has lead to development of new cryptocurrency projects mostly exchange claiming they use quantum resistant which helps protect against the theft and Hacking of individuals wallets on their platform.
Won't this be a dimension to which another scam springs up
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