hackers becoming smarter than exchanges?

[Viper_Unleashed]

Don't worry about the power of hackers. If the world has evil, it will certainly represent justice. In the future, there will be professional protection to protect everyone's wallet. You don't have to worry that justice will be defeated.

Optimism is the key to survive and there we all go.Good bad all things are relative and co-exist together.
I had seen many times thieves/burglars being caught in public and the treatment they got,but never really had a chance to see a hacker being caught  ,I was wondering how people will react if some day one of them get busted and get caught.
Few days back cyptojacking had been one of the prime issues and still its been continued in few places.Coinhive had been a problem where hackers used slow poisoning method.
Now again  they are planning on something and soon we will see how things turns out,and this trend will continue and we have to be safe always-sometimes it gets really hard and frustrating.
Stay safe happy trading and MINING All.

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[Osayo]

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.

The hackers have always been a great concern to everyone in cryptocurrency. It is something everyone should unite to defeat. The exchanges should try to have more security strategy to combat the hackers.

[romantic007]

You're right. It seems so that exchanges don't put enough efforts in making their services more convenient for us, although crypto is very attractive for hackers.

[annango]

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

Actually hackers  have a large knowledge, they are particularly smart and  flexible. Indeed no one can believe in something that is connected to the internet because obviously we would never know whether our wallet will exist or not. Probably it’s such a big fear which gives a threat to many members these days. If one is not lucky, he will have to accept the bitter. Rarely a person can avoid this loss because almost many hackers, when they keep an eye on one’s account, they will try to hack.

[reality18]

Hackers and fraudsters are always devising new means to enter the wallet of crypto users. It is very necessary to take extra caution in crypto especially when entering links from emails which are not trusted. Some emails may come claiming they are from myetherwallet. Remember, myetherwallet does not collect the emails of participants before creating a wallet, hence do not send email messages. Refrain from such messages and stay safe in crypto.

[kr105]

Of course, we have to pay attention to be reliable when choosing exchange and wallets to invest. Firstly it is our job to keep our cryptocurrency safe. Hackers are always one step ahead and are looking for new ways.

[rosepetals]

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.

Exchangers needs to have an improvement regarding on securing peoples investments because being a holder one thing that keeps on worrying us is the safety of our money and these needs to be prioritze in the first place.

[webdevmastery]

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.

Its true that hackers are becoming smarter than exchangers and that is the reason why a market is gaining so much reputation, its because of their good security system.

[KrishaBitcoin]

I believed this was not due to weak security system but maybe there is an inside job that happening that maybe some of their employees that assigned in the security threat are giving leak holes to the hackers so that they could successfully steal in the end. Therefore the exchanges should really make a necessary move in order to improve their cyber securities that even if their is a mole in their ranks still it will not be easily to breach.

[arthotdog]

Hacker is always been smarter than anyone of us,because they are knowledgeable about those things we don’t know.imagine that they can hack even the most secured sites in the world,even the Pentagon didn’t escape their brightness as these most powerful and safest place on earth has been hacked by a Filipino wayback years so never question their capabilities,and always keep safe because of hackers presence

[andrei56]

Some hackers are the exchange itself. They blame and say that outside hackers attack them but the truth is some hacking activity is from the inside of the exchange itself.

This is one big problems of the industry, people do not trust in exchanges because many of the hacks are very suspicious and many have believed that many of those hacks were at best internal jobs and in the worst case were actually done by the owners of the site themselves, and that is why many people recommend to not let your money in an exchange because we do not consider it to be safe.

[Pattart]

Some hackers are the exchange itself. They blame and say that outside hackers attack them but the truth is some hacking activity is from the inside of the exchange itself.

This is one big problems of the industry, people do not trust in exchanges because many of the hacks are very suspicious and many have believed that many of those hacks were at best internal jobs and in the worst case were actually done by the owners of the site themselves, and that is why many people recommend to not let your money in an exchange because we do not consider it to be safe.

I think every exchange has a team of developers who are smart and skilled too, of course they will always fix bugs and crack, security of a site will not run in place there will always be security improvements, so don't worry too much about this.
for scam cases, then don't use new exchanges, look for exchanges that have been proven safe..

[webdevmastery]

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.

The price of bitcoins today is increasing even more and there are a lot of new people who are interested to join cryptocurrency industry, that is the reason why there are a lot of people who are hacking this exchanges.

[shushanika]

Binance and bancor are two reputable exchanges of  Cryptos  they should ensure that they employs experienced cyber security experts to prevent hackers from gaining access into their system, this give credence and credibility to them and encourages more traders to use their platform and will go a long in trusting their system.

Did Bancor not get hacked recently? I would strike anything from my list that has proven not doing enough security in the past. I trust mainly Binance and Cobinhood now, and Kucoin to some lesser extend, I think these are the safest right now.

[DiabolicAnt]

I don't think so, actually everything is like a little game, and hackers only seldom win, which is good for us, exchanges have amazing resources to protect themselves.

[HarmonyA]

Sometimes hackers make me feel that there are people been sponsored to erase trust in the system. Knowing fully that hacking is a criminal offence that is punishable

[lingwistiko]

Cyber criminals are one of the problems of crypto exchanges today on how they will secure their market because it's not only them who are storing cryptos there but also traders who wants to have dividends fro storing their crypto assets in the market. Security should always be put on top priorities than anything else.

[Quidat]

Sometimes hackers make me feel that there are people been sponsored to erase trust in the system. Knowing fully that hacking is a criminal offence that is punishable

I think the same way too.
Hackers are usually a team member or employee of an exchange, or someone who works in a particular exchange collaborates with the IT people to hack the system. Inside job always happen, sometimes its goes unnoticed. But, there are really those talented hackers who could manipulate the system even without any connection from the inside.

[Janation]

Sometimes hackers make me feel that there are people been sponsored to erase trust in the system. Knowing fully that hacking is a criminal offence that is punishable

It is true, there are a lot of people that is paid or maybe voluntarily making themselves not trusting or doubting the system in order for other people to realize that there are no perfect systems.

But for me, these hackers are great people or maybe you can call them geniuses are the reason why securities are continuously being developed by a lot of developers and companies not because these hackers are hacking them but because with these hackers in their side, they can tell what part of the securities should be developed and be upgraded.

[sulendra12]

If hackers were stupid, they wouldn't even had a chance to became hackers. Even though exchanges enhancing their security, but still there are bugs that they can do anything with it likes DDoS or stuff like robbing your money.