Just yesterday my brothers email was hacked for a period of 24 hours, during this period the hacker has already had access to all his trading accounts and transferred all his crypto assets worth over $5,000.
It was quite tragic, because the funds were not totally his, and it difficult to explain this scenario to his investors. From what i figured it was easy for the hacker to get away with such funds.
To avoid this kind of unfortunate incident, i implore crypto traders to make sure that theres no loop holes in there trading accounts. I personally, trade on a hybrid trading platform (
www.bbod.io) that runs a non-custodial smart contract wallet system where all account balances are held by a decentralized smart contract on the Ethereum blockchain. Centralized entities are too often hacked, our hybrid approach to decentralized safety combined with a centralized trading engine ensures the security of your funds whilst maintaining blazing fast transactions speeds.
That's really sad to hear... I feel sorry for your loss. Though I have never been hacked, but I can imagine how difficult it is to be in your shoes. I wouldn't even wish such loss to my worst enemy. Actually, there are almost no places, which don't have loop holes and totally immune to hacks. But we can reduce the risks of being hacked to minimum by choosing the exchange with solid safety measures. Maybe you should consider cex (
https://cex.io/), as this platform is known by its high level of security. And its better to avoid keeping all your funds online, try to use a hardware wallet.