That's a massive misinformation brother. Hackings on casinos happen every other day in here too. I'd argue that it happens as much as exchange cause hell, there's nothing that's different about these two anyway when it comes to security features. The thing is that since centralized exchanges are on a keen eye given the fact that news outlets within crypto and out are looking at its whatabouts, you'd get more news about hackings in centralized exchanges compared to casinos.
They offer the same thing, KYC, 2FA, the works. It's all just about the sensationalization of the media that's targeted towards these centralized exchanges. nothing more, nothing less.
Hacking is not only common one to the exchanges,it may occur in the exchange in large number.But the hacking will be targeted in the casino website with the account holding high price amount.Mostly after the big price amount the same will be reflected in the social media by the gambler or by the website.So the hacker start to track the account of the gambler.Now casino also provides all the security measures and giving KYC as mandatory and enable the 2FA as like the exchanges.The casino is secure as like exchanges now.
That's what I've been saying, you literally just paraphrased it lol.
I don’t believe this because as what I’ve noticed, there are also some hacking incidents on gambling sites wherein not only they stole money but also the personal information of the gamblers as well, or they hack some online casinos just to make the games rigged. However, it’s also undeniable that hacking in centralized exchanges is high simply because there is huge money in exchanges. That’s why be cautious not to put all your hard-earned money in exchanges, as they can be very unsafe for fiat or crypto deposits especially on unsecured centralized exchanges.
It's happening all the time, arguably at the same rate that it happens in regular exchanges. The thing is that people are just not that fond of hearing about exchanges losing millions of dollars in 10 minutes due to hacking than a couple thousands of accounts from different gambling sites losing all their funds through a hacker attack. It's literally just easier to fetch data and scoop about exchanges than it is to gather news about gambling sites crashing due to hackers.
It's not a matter of what's more secure and what's not. It's all about which one's going to make more clicks in the long run at this point. And since exchanges are a hot topic in crypto right now, they are getting the brunt of the work.
