Post
Topic
Board Economics
Re: hackers becoming smarter than exchanges?
by
pginvest
on 01/08/2018, 12:55:19 UTC
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.
Securing systems is hard, even when systems are technically secure a person such as an admin reusing a password and haviong that pasword exposed somewhere else can lead to a breach. I guess when there is big money involved the hacking attempts are relentless. This isnt an excuse, I guess to be in that business (exchanges) they should have their sh*t in order - but clearly, the problems continue.