Why there are certain exchanger have been hijack/hack?

[sandarajasmine]

Is there any solid reason why? Is it because they want to make other people not to buy cryptocurrency? I am curious.

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[CryptoJoshua]

They were hacked because they were vulnerable and it was worth a lot to the hacker. I really know how to answer your question. Anything that has been digitalized is open to potential threats. It is just a matter of how well you can secure technology.

[pat4cryptoreal]

If hackers hijack any exchanger they will definitely make a huge amount of money because so many people have different cryptocurrencies in the exchanger. I advice exchanger to take security paramount.

[bitart]

Is there any solid reason why? Is it because they want to make other people not to buy cryptocurrency? I am curious.

It's (like everything) about trying to earn the most with the less effort... There's no use to hack a person's account (secured with 2FA, scrambled password, etc...) because they put a lot of effort into it, and they can just steal on person's bitcoins (or alts). When it's about an exchange, the situation is similar, they need to find something that's vulnerable, but this time they will have the all of the coins (all the users's coins). It's much better for the hackers, so it's understandable that they're trying to hack exchanges instead of everyday people. For the average joe's, there are the phishing attachs, where the people are sending their login details to the hackers...

[AimHigh]

It is because of low security why they can easily hack or hijack some of exchanger but you as a user you can secure also your coins it just simple like the some wallet address before you open it that apps we have we called 2FA which is only you who can know the password for the security and also we have a offline wallet address to not easily hack your coins.

[Suharti12]

That can be considered, maybe also with the reasons as you mentioned for the competition, but most of the thief's main purpose is to steal the price of the price of a very stored place, and many treasures in it.

[Nick Abimanyu]

This method is usually done by speculators who want to get wealth easily and quickly without going through sacrifices such as time and capital.
Speculators like this don't care about the impact they have on either the Cryptocurrency itself or The Users.

[gizmodo1987]

Exchanges are the best target for hackers.  Can you imagine how much money they can get if they can get into exchanges. You can be an instant millionaire if you can hack into exchanges.

[hachiman13]

Hacking every user of their funds takes too much effort with so little rewards. Which is why hackers just try to crack where all coins congregate to make the effort worth it. I believe the reason for it is plain greed, not some malicious intent for the whole crypto space.

[meyklove]

Main reason why hackers hack exchanges because theirs money involve that makes them rich.

[Hexcolyte]

Is there any solid reason why? Is it because they want to make other people not to buy cryptocurrency? I am curious.

Because greed, the hack could also be insider job, they hacked themself and make profit from it. They will cover the truth for a few days to make profit out of it first, then announce the hack, buy back, when it bounce, profit again.

[irsada]

Is there any solid reason why? Is it because they want to make other people not to buy cryptocurrency? I am curious.

it is not possible the hijack wants to stop people buying crypto.
who is worried when one of the exchange is hijack by another he can easily access all the coins that each user exchange.
I recommend using exchange that has strong security.

[vv181]

"No system is safe", a familiar quote in the internet worlds. define how's careful we are, there will be always a vulnerability in the system. even though we almost give all power to the security system, there is always a gap to break. And I believe the insider hacker have a part in it, they leak the exchanges sensitive information to make easier to be hacked.

[RicardoRicky]

I think that kind of effort will always happen, back to each of us about how to choose an exchanger that is completely safe and secure, the hacker performs such actions for his selfish interests and selfishness, to enrich himself not to think about the affairs of others, I think if the goal they take all the crypto currency of the victim it is wrong, because if they take means to close their space. essentially however we should be more careful in choosing and using exchangers.

[fiulpro]

Hackers will hack anything that's vulnerable be it crypto platform be it something else.
It's in now way related to how they want to stop the usage of cryptocurrencies ..they just saw..some profit and it was vulnerable .. hence they did it.
Also there are multiple exchanges out there people can always shift ..
Making it easier for them to explore the other options
Thus..this cannot be stopped

[pooya87]

90% of the times it is because the exchange is not making enough money! so they just put their left hands in their right pocket and take some money out then start crying that they were hacked while holding that stolen money in their other pocket enjoying the free money that fell from the sky on their laps.

10% of the times (maybe a little more if you are generous) it is a real hack because nothing is 100% secure. there are always vulnerabilities and ways to get hacked no matter who you are and how secure your setup is. for example last year Yahoo told their users that they were hacked and all their database was leaked!

[Si nenglon]

Is there any solid reason why? Is it because they want to make other people not to buy cryptocurrency? I am curious.

Why could happen like that dikarnakan factor of our own negligence at the time of securing. then we made in terms of security is also considered not to be cheating, while today people are always near us who's desperate to do anything for the sake of earning money.

[ApocalypseNow]

90% of the times it is because the exchange is not making enough money! so they just put their left hands in their right pocket and take some money out then start crying that they were hacked while holding that stolen money in their other pocket enjoying the free money that fell from the sky on their laps.

10% of the times (maybe a little more if you are generous) it is a real hack because nothing is 100% secure. there are always vulnerabilities and ways to get hacked no matter who you are and how secure your setup is. for example last year Yahoo told their users that they were hacked and all their database was leaked!

I also believe that. Just look what happened to Bitgrail. They were so very reliable when NANO(XRB) was only available on their site and they have all the volume but all of a sudden, their site claimed that they have hacked when XRB can be purchased in many exchanges and their users reduced.

[mOgliE]

Hi,

The reason why is that they can make money out of it. It is a great opportunity for people who know how to do it. So why would they hesitate?

I understand hackers... and of course, I understand those who have lost bitcoin due to hijacks.. But that's all part of the game!

[electronicash]

Scammers scam coins from people here in the forum with the ICOs, it must be worth. Exchanges have more BTC and altcoins on it, it must be worth a hundred times to hack an exchange and take all they got after all exchanges fuck traders with their trading fees.