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Author Topic: hackers becoming smarter than exchanges?  (Read 4688 times)
boksoon
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August 25, 2018, 06:45:51 AM
 #241

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.


that is a reality because no one can create the good technology in this world except programmer, technician and IT expert and I know that before they will become a Professional they will experienced to experiment like hacked to some other government system or whatever they want so we have no excuses here if they want to attack us... so we have to prepared on this to prevent of our property one of the victim of hacker.     
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reil2014
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August 25, 2018, 07:06:44 AM
 #242

In my thinking, hacking is everywhere now, just one wrong moves then everything will be done in a second.. Better be safe before doing anything check first. And put some security feature.
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August 25, 2018, 08:37:13 AM
 #243

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.

I think It is a challenge for a crypto exchanges to defend their exchange site from those smart hackers. They should keep updating system or let we say ugrading as well. To prevent easily hacked and so on many Investors will admire to Invest more to their exchange site, once they found more security on their site.
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August 25, 2018, 06:09:01 PM
 #244

There are many cases of hacker attacks on various reliable databases. No wonder they got here, too.

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nokat
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August 25, 2018, 06:20:08 PM
 #245

In this recent times, hackers are proving stubborn in the sense of becoming smarter and faster on the cryptocurrency business. It takes vigilance and caution in order not to become a victim.

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shushanika
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August 30, 2018, 08:20:52 AM
 #246

Hackers always try to be a step ahead of the current security. Many exchanges have outdated security and are very vulnerable. I trust only few exchanges now, like Kucoin, Binance, Cobinhood. I feel these are much safer then all the others.
CoinREAPER21
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August 30, 2018, 08:27:10 AM
 #247

I hope that all exchanges are using some sort of cryptographic technologies similar to blockchain where hackers have to solve mathematical equations that will trap them in to a loop and will just waste their time entering the main system of an exchange to avoid hacking.
ucingucingan
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August 30, 2018, 09:07:33 AM
 #248

Exchanger I think I have to have a strong security system and keep updating every time, because hackers always try to break into the security system every time, just imagine they are always looking for loopholes and making use of the slightest gap to break into the main system of the exchange
TANGERE
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August 30, 2018, 09:23:51 AM
 #249

yes and They are bringing commonsense measures to find the offenders yet the inquiry at the forefront of my thoughts is for what reason could incidentally the two trades be hacked?Now it gives the idea that the trades are not moving at a speedier and inventive approaches to redesigning their frameworks and permit these programmers time to examine their frameworks well,identify the escape clauses and cause the problem.In my assessment, trades ought to dependably move in a capricious path in order to dependably confound these con artists .The con artists are driving new financial specialists off and this must stop.Exchanges must be up and doing as such that we can pull in new speculators into digital money else our endeavors are going futile to drawing in new financial specialists.
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August 30, 2018, 09:27:20 PM
 #250

Recently, the crypto currency has attracted a lot of attention, but among all these people that it was noticed, of course, there were those who would like easy money, and since not all coins can guarantee you 100% security, then the hacks will be more often, the technologies on which the crypto-currency markets are built are not the best and become a real gift for an experienced hacker.

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molla_corda
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August 31, 2018, 04:07:41 PM
 #251

There are far more intelligent hackers to penetrate in power plants, the network of the Pentagon, etc. In cryptocurrency hacks almost always mean the carelessness of the developer.

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andrei56
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September 02, 2018, 02:11:30 AM
 #252

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.
It should be the opposite, complex systems are easier to manipulate and are more likely to be induced to error, exchanges need to strengthen their security but at the same time they need to simplify it so it is more difficult for hackers to get access to the exchange, but since exchanges grow depending on the demand there are exchanges that do not have the adequate security because they became very popular in a short time frame.
ronics
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September 02, 2018, 04:49:18 AM
 #253

It's all competing knowledge, skilled people each of them exchange talents but it introduces their own exchanges and based on hackers is trying to attack. but every one of them is really sure that they will not be bothered with avoiding hacking. The smarter person is a wise one. I think all the defenders are more clever than the attackers.
millionaireshs
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September 02, 2018, 05:04:58 AM
 #254

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.

Why not program a system about your idea? You know it is not easy like what you are thinking, also these exchanges are doing their best to protect their system or else it will be their loss. As a user you also have the choice on what exchanger you should use. There are a lot of available exchangers online so you can choose from them.
bocah cilik
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September 02, 2018, 05:59:43 AM
 #255

I only think positively about what happens about some cases from exchanges that have very low security so they cannot protect them from hackers and intruders. But with hackers and intruders now it will make the security stronger than the exchange that will come after all that has been repaired, because I know that to create a high security requires an intruder to test security at all times. So that the security system will always be updated every time.
bangkit tri
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September 02, 2018, 09:07:10 AM
 #256

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.

Why not program a system about your idea? You know it is not easy like what you are thinking, also these exchanges are doing their best to protect their system or else it will be their loss. As a user you also have the choice on what exchanger you should use. There are a lot of available exchangers online so you can choose from them.

indeed we can choose an exchange that we think is good in security from hackers. and one more thing, we can divide assets in several exchanges, so i think that can minimize risk
richminded
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September 02, 2018, 10:17:23 AM
 #257

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.
for now, hackers are trying to find loopholes from each exchanger to steal assets they have. well, that is something extraordinary, because it can penetrate defenses that can be said to be equivalent to a bank. yeah, but still it's a crime. I think they use their intelligence in the wrong way.
Hackers are also improving, so I think exchanges are still vulnerable in this kind of hacking incident not unless they invest more on their security system. They will do everything to get an easy money so people should also careful because of this, we must protect also our wallet and don't put too much money on the exchanges as we experienced a lot of hacking incident with the exchanges this year.
Ikay
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September 02, 2018, 10:27:43 AM
 #258

Yes many of hackers now are improving such as a system improve their knowledge to all exchanges are improve also I think those exchanges have a more and more security because a lot of investors now are coming don't allow those scammer take our part and scam us. we can also fight them back to hunting them here and everywhere if possible.
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September 02, 2018, 10:59:10 AM
 #259

The hackers seems to have developed more sophisticated means of carrying out their heinous acts. They kept on trying to break the security protection of the registered accounts. Just be careful with your account that's all.
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September 02, 2018, 11:03:30 AM
 #260

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.

Of course hacker can become more smart, they are human too who can increase their knowledge. But I think, most case is because human error. I think that exchange should maintenance their security system in week if they want their money secured.
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