Please is this a new hack? I thought they were recently hacked and the hacker agreed to the 5%bounty. This hacking is just getting too much
It's a new hack... I guess. This article has been posted a few days ago:
LINKWhat's good right now is that, the exchange resume their withdrawals already after what happened to them:
LINK. You see it too much? It means one thing, and that is "THEIR SECURITY IS WEAK." They are focusing more on the marketing rather than the security of their own exchange.
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Do you think that Exchanges and DeFI need more development and investments here or is this just something we have to lay down our heads and deal with?
Poloniex is one of the exchange that I've seen when I was starting in crypto in 2017 aside from Bittrex. It being hacked just shows that their security is weak to the point that they can get hacked that easily. They need to develop... or I should say focus more on the security of the exchange or else this might happen again, and again.
Hackings happening here and there just shows that the security of these Centralized Exchanges are weak. I guess it's a good thing that they are reimbursing it. Well, it's their fault after all so it's their responsibility. Hackings always happen that it came to a point that we see it as a normal thing already. More of these in the future.
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