Bitcoin Forum
May 26, 2024, 09:04:11 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: $31 million in the hand of hackers  (Read 291 times)
berrygood
Full Member
***
Offline Offline

Activity: 308
Merit: 101



View Profile WWW
June 27, 2018, 08:44:00 PM
 #41

That can't be stopped unless everyone uses decentralized exchanges as they hold coins of their customers they are more vulnerable, decentralized exchanges are safer and there will be no such big hacks, that is why I invest in oax, its prototype just been released check: https://dex.demo.oax.org/
I think even if they decentraized it can be hack we all know hackers are 24/7 awake for the sake of getting information or rob money from us. But as I know it can prevent as long as they update their security daily or weekly.

Decentralized exchanges can prevent it but still I can't understand how such a big exchange bithump can be hacked Huh then most of the money in crypto is not safe now.

ajochems
Hero Member
*****
Offline Offline

Activity: 1305
Merit: 511



View Profile
June 27, 2018, 08:54:18 PM
 #42

Hacker will look for the money source, either it may be money in certain bank account or huge amount of bitcoin in a wallet.Now bitcoin is more valuable than dollars.The only way  to stop hacking is protect your wallet with some advance security system.



████▄██████████▄
███▄████████████
▄███▀
████
████
████
▀███▄
███▀████████████
████▀██████████▀


▄██████████▄
████████████
███████████▀███▄
████████████████
████████████████
████████████████
▀███▄███████████
████████████████
████▀██████████▀


▄██▄█████████▄██▄
▀████▄█████▄████▀
▀████▄▄████▀
███████████
▄███▀█████▀███▄
█████████████████
█████████████████
█████████████████
▀███████████████▀


▄███████████████▄
█████████████████
████▀███▀██████▀
███████▄█████▀
████▄▄██████████▄
▀▀██████▀███████
▄██████▄███▄████
█████▀██████████
▀██▀███▀████████▀


████▄███████████
████████████████
▄███▀███████████
███████████████
██████████████
████████████████
███████████▄███▀
████████████
▀██████████▀
████████
██
██
██
██
██
██
██
██




██
██
██
██
██

██
██
██
████████
|
.
Listed
on
BINANCE
KUCOIN
Gate.io
|
The_Dark_Knight
Hero Member
*****
Offline Offline

Activity: 840
Merit: 502


View Profile
June 28, 2018, 04:39:25 AM
 #43

$31 million in the hand of hackers.....Bithumb Why?
When will all these crypto hacking Stop for the sake of
mooning?
Hacking is not going to stop, why it should stop? Hackers get a lot of money out of these kind of hacks, as long as exchanges do not take their security in a more serious way this is going to keep happening but even if the security of exchanges improved hackers will always find a way to get in and steal money, after all if there are hackers talented enough to hack governments there is no way a private institution like an exchange has any chance at all of avoiding getting hacked.
Morgann
Full Member
***
Offline Offline

Activity: 420
Merit: 100



View Profile
June 28, 2018, 04:44:35 AM
 #44

$31 million in the hand of hackers.....Bithumb Why?
When will all these crypto hacking Stop for the sake of
mooning?

That is the reason why we should always look on how good is the security system of a market or exchanger before we are going to place their coins onto them and start trading.
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!