Quote from: Jennifer.mathew731 on December 12, 2018, 09:11:02 AM

As of the Q3 report, the number now stands at $927 million lost in cyber attacks and CipherTrace predicts that this trend will continue. By the end of the year, they say, thefts will add up to well over $1 billion.

Most of these exchanges are so weak, hackers just penetrate them easily. They really need to up their game and build solid security. I believe a lot of people are now aware if these exchanges and wallets that usually gets penetrated and I believe many will stop making use of it. There are better exchanges with solid security, but its still not advisable to store coins in exchange.

Quote from: shoreno on January 07, 2019, 04:55:47 AM

security of most exchanges are already solid . hackers are just smart people because they can find a way to bypass the security of any system that they like to hack

Yes, youre saying the truth, modern hackers are really bad and they seem to do just anything and are also working in groups. But I still believe that services providers can stay ahead of them by taking integrated approach. Then I will like to add that $1 billion is a huge amount lol, although it is small compared to the whole cryptocurrency market, but its still a huge amount of money to disappear just like that.