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Author Topic: hackers becoming smarter than exchanges?  (Read 2802 times)
andrei56
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August 19, 2018, 09:12:53 PM

It is not that hackers are smarter than exchanges, the problem for exchanges is that they are sitting targets, everyone knows they are a target including themselves, but they do not know where the enemy is coming from or from which direction or when it is going to appear, so hackers despite not having the same resources available have a great advantage over exchanges.

You are right, because of the modern technology and new programmings, hackers can always finds vulnerabilities to attack websites or exchanges, the most important thing exchanges keeps updating their system.
Correct, if the hackers discover a zero day vulnerability in the software the exchange is using they can easily hack them, writing code is very easy anyone can do it but writing code without any vulnerability is very difficult, there are hackers discovering zero day vulnerabilities and selling them for a lot of money to anyone that wants to pay for them and if a hacker gets his hands on it, it can be very dangerous.
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BCTBF
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August 19, 2018, 09:32:07 PM

They should be aware of the internet world that everything is unsafe and very vulnerable to hacking. Make things as complex as possible so that hackers do not easily break anything valuable in the internet world. Hackers are on the wrong path, if hackers can be properly employed, maybe they will make a strong security system to apply to important and big websites in the internet world such as exchanges etc.
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August 19, 2018, 10:26:56 PM

I think that hackers really have the capability to break the security system of some exchanges. This is why we need to look for a good exchange that we could rely to and make sure that they will going to have their hands held with any losses we suffer from hacking issues.

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August 19, 2018, 10:32:18 PM

Yes, you are right for now, it seems hackers can be smarter and they always keep a big secret that can make them successful when they break into the place of exchange, it is really horrible and a very serious threat.
hacker's knowledged growth fastly.and they able to developt new methode to attack exchanges and wallet.so today it become risky again to save our cryptocurrency asset.
We should be careful with many sources. Learn how to protect your property. Divide them into many places. Precautionary risks may occur.

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August 19, 2018, 11:13:22 PM

Each IT specialist knows that there are vulnerabilities in every system so theoretically every system can be hacked. Hacking any well-secured IT system is not easy task because usually it is incredibly difficult and expensive nad, of course, there are various risks to be revealed and cought. By far hackers are very professional and incredible talented persons but it does not mean that they can do everything that they want. As far as I know serious IT systems are quite well-secured and such systems are maintained by very professional and experienced specialists so they can protect their systems against hacker's attacks.
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August 19, 2018, 11:37:29 PM

If the hackers are becoming too smart, then the exchanges should beef up their security to protect people deposits.
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August 19, 2018, 11:57:51 PM

This hackers are really becoming a problem and a pound on everyone's flesh. The exchanges should just try to protect their database and every other thing.
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August 20, 2018, 12:19:06 AM

If the hackers are becoming too smart, then the exchanges should beef up their security to protect people deposits.
Exchanges should double check their security for all the benefits of the users. Hackers are everywhere to get people money and users must be cereful and being smart to protect their wallet.

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August 20, 2018, 01:30:45 AM

That is troubling news. Hackers threatening our wallets and our hard earned coins should be taken seriously by exchanges. Then again, people themselves who have access to their wallets should really know how to protect themselves from user error through phishing websites and such. I just hope we build a fool proof security soon.

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August 20, 2018, 01:58:56 AM

If the hackers are becoming too smart, then the exchanges should beef up their security to protect people deposits.
and they need to hire white hat hackers to improve their security system.since many hacking cases in crypto market , exchanges need to improve their system to protect their member.

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Incodium Coin
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August 20, 2018, 02:26:28 AM

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August 20, 2018, 03:22:53 AM

Hackers are usually very sensitive to new technologies. Because encryption is a new industry, there are bound to be many loopholes in the early stages of the development of the exchange, so there are many hackers studying the loopholes in the exchange every day.

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August 20, 2018, 04:57:06 AM

Sure enough this people is sometimes smarter than we expect, they study too and know everything about their target that is why we need double careful and security about what we belong.. even people behind exchanges and market need extra careful about tokens

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August 24, 2018, 01:45:52 PM

Hackers will not become smarter than crypto-currency exchanges, just many crypto-currency exchanges are stupider than hackers and can not make a decent protection for their projects.

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August 24, 2018, 02:08:05 PM

I think that hackers are really smart and they become smarter daily, i m not a hacker butk knew one guy who could do really such things that I thought impossible to do, i think it is bad to hack but such mind impresses me


Hackers are really know what their first move they want to do, sometimes we don't know what they are doing but for sure hackers are almost smarter than what we expect of them. Coz I know hackers have a companies or a group mates to learn how to success of being hackers. So we need a double care.

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August 24, 2018, 02:18:55 PM

I think that hackers are really smart and they become smarter daily, i m not a hacker butk knew one guy who could do really such things that I thought impossible to do, i think it is bad to hack but such mind impresses me


Hackers are really know what their first move they want to do, sometimes we don't know what they are doing but for sure hackers are almost smarter than what we expect of them. Coz I know hackers have a companies or a group mates to learn how to success of being hackers. So we need a double care.

Yes, because of the groups of hackers they will be able to learn how to hack the highest security in an exchange, so we better make our best to secure our funds.

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August 24, 2018, 03:19:32 PM

Hackers are some of the reasons why we are currently a downtrend jn our market. Bitcoin/token holders tend to panic uy and sell all their holding because they are all afraid of the fact that their holdings maybe hacked.
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August 24, 2018, 04:31:24 PM

They should be aware of the internet world that everything is unsafe and very vulnerable to hacking. Make things as complex as possible so that hackers do not easily break anything valuable in the internet world. Hackers are on the wrong path, if hackers can be properly employed, maybe they will make a strong security system to apply to important and big websites in the internet world such as exchanges etc.
What is the guarantee if hackers are hired to back up their security systems if they are hired they will be a problem in the future. Human nature cannot be eliminated by giving a little money. the only way to avoid hacking is full transparency, even the wallet must be transparent and easily identified by the owner. this way will prevent all cheating.

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August 25, 2018, 05:20:57 AM

Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
but it is very difficult to stop these hackers or scamer, there is no such application to deal with such criminals. if there is a possibility it will at least reduce crime so investors will be safe.

In my own opinion, people can always get hacked through different ways such as phishing sites and fake links coming from airdrop bounties but if the person is smart enough to determine if it was legitimate or not then he/she can avoid being scammed or hacked by an exchanger or a phishing site.
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August 25, 2018, 05:32:27 AM

I think you are right because at this time every exchange place will definitely have security that is always upgraded but if you know usually hackers will be able to find out the weaknesses of security, because there will be no strength without weaknesses.

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