hackers becoming smarter than exchanges?

[Semosuchi Tesongrato]

Absolutely not, it is impossible - at least for now - to hack the exchanges.
Instead, there are many stupas among exchange users who do not take a minimum of precautions and then find the account emptied ...

[alroys]

Those hackers are smart people, but they use their intelligence on the wrong path. Because hacking in the exchange is often the case, we must therefore keep the email that we use to register exchanges. because this is the first way they can enter our account.

[Sarastiche]

Exchanges and ICO developers need to guard against hackers move and strategies and regularly update there site against intruders, I hope with a form of policy and regulation in the space, it will be easy to track hackers and scammers in the space as Identity will be use to access wallet.

[Reatim]

Exchanges and ICO developers need to guard against hackers move and strategies and regularly update there site against intruders, I hope with a form of policy and regulation in the space, it will be easy to track hackers and scammers in the space as Identity will be use to access wallet.

The problem is that there are a lot of hackers so its going to be hard just to trace at least one hacker because they are really smart and they can hide the coins in an exchange or can even used mixing services to put a stop on their tracks. So its hard for authorities to make a follow up.

[Globalbitcoinl]

each time as soon as the method of protection is invented, then immediately comes up with a way to break. because it is based on hacking not the technology itself, but the human fact

[jcarlo]

Exchanges and ICO developers need to guard against hackers move and strategies and regularly update there site against intruders, I hope with a form of policy and regulation in the space, it will be easy to track hackers and scammers in the space as Identity will be use to access wallet.

Hackers always find a way to break exchange security. Its hard to track cryptocurrency and thats why hackers prefer stealing cryptocurrency because its can not identified who is owner. Technology always improve including exchange security, and i think we should choose trusted exchanger

[Layers318]

Hackers are always improving on how to attack the exchanges due to the large amount of cryptocurrencies that are traded on the exchanges. This is the very reason why, coins must not be stored on exchanges permanently. Withdraw them once trading is complete.

[Incodium Coin]

Hacking is real, leading to direct losses in tokens and indirect losses in terms of confidence in the market and dips in the overall value of crypto. Hackers have succeeded in staying one step ahead for a while, but exchanges and other interested parties are working hard to change this. Why not get some kind of insurance, sign up for a compensation program that will shield you from any losses in case an exchange is hacked? This is the idea behind the Incodium Project. check it out at www.incodium.io

[Sobocirevo]

With the growing popularity of cryptocurrencies, more and more scammers and hackers are beginning to conduct their activities. The first break-ins were made due to the fact that exchanges and wallets were not ready for such attacks. Now security has come to the fore.

Hackers become common enemies, because their work breaks into people's accounts to steal data or change data, even taking and moving assets in other people's accounts for personal gain. Hackers are always smarter than account owners, because the goal is to learn and deepen computer science to break into accounts. Especially with the internet uniting the world in one container, making them increasingly take everything, including bitcoin on their wallets.

[boyz97]

Exchanges and ICO developers need to guard against hackers move and strategies and regularly update there site against intruders, I hope with a form of policy and regulation in the space, it will be easy to track hackers and scammers in the space as Identity will be use to access wallet.

Hackers always find a way to break exchange security. Its hard to track cryptocurrency and thats why hackers prefer stealing cryptocurrency because its can not identified who is owner. Technology always improve including exchange security, and i think we should choose trusted exchanger

technology improvement help hackers to developt new technique to break wallet security.they have new software that could help them to support their skills.

[polohokeun]

Not smarter, hackers who scamming other is like rat in your kitchen. He just make small damage in your house.
The problem is when an exchanger becomes a scammer.

[yatogami]

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 the main reason why exchanges are being hacked is because they don't want to spend enough resources on protection from hackers. The expenses for cyber security are extremely high and may reach up to 15% of the whole money turnover of an exchange.

[Leocrypto da Vinci]

Hackers are not at all clever than exchanges, but they are certainly smarter than most crypto owners.
So, if you do not take a minimum of precautions, then do not complain if you find yourself with your account empty ...

[cluit]

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.

With things that has happened to most exchangers despite their claimed level of security, some people are forced to believe that no exchanger is safe again and that any exchange can get hacked by hackers whenever they want.

As for me, I don’t think that is true, cause if it was possible to hack exchanges so easily they would have been doing that like everyday. Take for example, Coinbase has leveled up their security and I don’t think they will ever face problems with hackers, although I do know some hackers are devils.

[tonyvo2017]

Your wallet can be hacked at any time. Hackers are smart and I think you should stay away from unreliable links, emails and even websites that you do not trust and choose for your computer a reliable operating system. Be more careful in today's technology, nothing is impossible

[SkvorNyc777]

Sometimes yes, and it results in massive scandals, like with japanese exchanges last year, millions of $ easily stolen... But still I think that exchanges can protect them really well.

[Sadlife]

This is because the website owner doesn't give a damn of its users all they care about is to make money and hire cheap web developers to protect their website from hackers. Well, i know that there are no 100% safe systems and 100% unhackable machine but most of the hacks that has occurred is due to weak layer of security.

[mikhailkudig]

If there is a new market, it is logical the emergence of new scams and thieves. The more money will be pumped into this area, the more it attracts those who do not seek to earn honest work.

[durudara]

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.

for both exchanges, in my opinion, is the lack of attention and decisive action from the owner of the exchange and if they care and further enhance their security, of course, such things will not happen again.

[ufaiz50]

It is difficult to avoid this risk, indeed the right way to reduce risk is to act more forward if there are warnings or holes in their exchangeers, but from my experience to do this requires additional funds may have to use large funds, so I think the team they have done their best. it's just that there is a hacker to destroy and they don't need a lot of funds to just punch the wall so that it can be included in it is inversely proportional to the exchanger builder.