Eventually, those exchanges will need to follow some security rules and checked regularly by authorities, simply because they hold thousands or millions of money from their user, just like banks. As a community or user that use their service, the only thing that you can do to prevent something from happening is to withdraw your coins asap (remember that after you send it to them, essentially you lose control of that coins).
Blaming exchanges or hackers won't solve any problem, you need to prepare and anticipate it while the government should take care of the criminal actions.
Topic: Track and Trace - page 2. (Read 252 times)
Companies/Exchanges themselves should see what is better for them. Hiring Cybersecurity professionals themselves or hiring a company to do that for them.
I don't think that we have any choice in it, but if customers leave one that was victim of a breach, the people in charge will see the difference in profits and take the measurements they consider necessary.
I don't think that we have any choice in it, but if customers leave one that was victim of a breach, the people in charge will see the difference in profits and take the measurements they consider necessary.
Minimizing legal and financial exposure seems the direction that crypto is moving. Companies like Ciphertrace have discovered that more than $760m in crypto was stolen from exchanges so far this year. Do we allow this to happen or do we allow companies to step in to help stop these criminal acts?
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