Quote from: ningo on July 12, 2018, 11:24:31 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.

I do have some thoughts about this.
Why the sudden series of hacking? Coinrail, bancor and binance.
I am sometimes pessimistic and when coinrail was hacked I thought it could be an inside job. Then bancor and binance happened which made me have some thoughts again.

It could not be because of cheap security measure since binance can pay for that.

Think about it. Billions ot dollars in crypto market. Who would not attack that if you know how to.
I am looking at a larger scale of hackers now. They are getting populated and computer courses are easy to finish now.

I guess exchanges should just keep on getting better than them. Hire the best when it comes to security.