Why Crypto facing hack Every time it recovers??? Govts involved??

[kumar jabodah]

The government is not the reason why the market is falling now. The real reason is that the Whales who manipulate the price they are responsible for are all happening today. They now control the price of bitcoin so it quickly rises and falls.

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[strideynet]

not hack the bitcoin and the exchanges or store bitcoin. it's different. I think hacks will always be, just often few people know about them, and the fact of hacking report just when you need manipulation of prices

[Ahsadahmed]

I dont think that government is involved in here. Everyday technology is developing and whatever technology you used someday it will be hacked by someone. So I think it always get hacked because this is the main aim of the hackers to hack big big technologies.As crypto is developing vastly thats why I think they are targeting it.

[samuelsmith]

Hacking has become a really common thing now. It specially happens when the prices start to rise so the hackers can enjoy the benefit. I don't think it has something to do with the government.

[nidacoinlove]

not hack the bitcoin and the exchanges or store bitcoin. it's different. I think hacks will always be, just often few people know about them, and the fact of hacking report just when you need manipulation of prices

We know there are hackers everywhere around us So, wherever and whenever they get a weak point they attack on it and get their job done. This is an on going battle and it will continue till Bitcoin/cryptocurrency exists.
Secondly as said when required to manipulate the price these reports are highly effective. They spear a layer of fear all around and then we see prices in red.

[a4techer]

In terms of money in online we know hackers that they are in everywhere so why we are saying that government was connected to those hackers? Hackers was also hack the government wesite so why we saying that. Like what happening in my country that the reason why the government banned bitcoin just because of the huge value at they same time the government think that hackers and scammers was there so governmrnt is not connected to the hackers.

[Tmcrypto]

Whenever the market is going in an upward slope, it means that the market is profitable. And this indicates a sweet deal for the hackers, with ease. That is why the market gets prone to hacking easily. And the market suffers a lot because of it. The government has nothing to do with it.

[Bitcoinnumberone]

Why crypto space happen to hack hack while its on a bullrun???
We've seen some of the massive hacks in this very short time period.Today also   But it doesn't happen in bearish market. Every time crypto has a bullrun.  Yesterday BTC Kept on Trying to Break above 6800 Resistance.. And today morning another hack on Bancor wallet.. Sespecious... Which is really effecting the current market..
But the Question is. Is the govt trying to manipulate and wanna  kill crypto??? That's why they are doing this???

I think to that scenario they want to earn why they hack the wallets or bitcoins if the government is involve into this massive hacks i'm pretty sure that they want to kill bitcoins to have an negative issue to create fake news because they want to earn money bitcoin surpass government and banks.

[vladmamedov657]

There is a lot of money in cryptocurrency, that is why everyone is trying to hack it. I think so.

[r32godzilla]

Why crypto space happen to hack hack while its on a bullrun???
We've seen some of the massive hacks in this very short time period.Today also   But it doesn't happen in bearish market. Every time crypto has a bullrun.  Yesterday BTC Kept on Trying to Break above 6800 Resistance.. And today morning another hack on Bancor wallet.. Sespecious... Which is really effecting the current market..
But the Question is. Is the govt trying to manipulate and wanna  kill crypto??? That's why they are doing this???

Yes that's really an interesting aspect to be noted.Its logic to think that no hacker would be willing to hack exchanges when cryptos run bearish.

[kiansantan]

many hacked sites and millions of dollars have come out in just a moment. Hackers are always everywhere, they come without warning, which means the security of each site is weak for them, even if you increase your security and always update to most updates, hackers can find other ways to get into your security. this is nothing new. the only thing we can do is save your valuable coins in the offline wallet.

[block2point0]

Crypto not facing hacking issues most of exchanges security survive & weak than hackers can easily do this kind of hacking but if u are talking about governments involvement than we need solid proof for this kind of big blame.best way is to secure our cryptocurrency we need to use hardware wallet. before hackers stills crypto fund but always happen with Exchanges we can say exchanges can be involve or responsible in this kind of security thread.

[Kprawn]

I doubt that this is actually the method that governments might use to slow Bitcoin's progress down. They can easily use large

"agency" budgets to create havoc with the Bitcoin price, if they really wanted to disrupt it. A lot of these agencies does not

divulge "sensitive" information regarding the use of these budgets and hides behind "national security" protection. Looking at

the documents that was leaked recently, you can see that "governments" have sophisticated tools that can easily break into

many of these exchanges and they have very capable "hackers" working for them, so it can be done.    

[Choyor]

There is an involvement or not of the government in terms of hacking, all of us return it to the security system of our wallet which may not have guaranteed its security. We don't know whether the government manipulates prices because we don't have authentic evidence. This crime could have been committed by professional criminal individuals.

[NavigateSamurai055]

No, I don't think governments will going to involved in this kind of things and hackers are always active and try to hack because it is their job .

[btc_angela]

The only government that I know of who sponsored hacking is North Korea.

https://www.cnbc.com/2018/01/17/north-korea-hackers-linked-to-cryptocurrency-cyberattack-on-south-korea.html

But to relate the hacks everytime crypto recovers is absurd. And there's no data to back up that claim. Maybe its just coincidence, and I don't think that nations will sponsor a wide attack, they will not get anything out of it.