Post
Topic
Board Exchanges
Re: Cryptopia exchange hacked
by
mk4
on 15/01/2019, 13:33:14 UTC
It's quite unusual that even at this day and age, with a lot of techniques and new practice on safeguarding a platform, hackers are still able to get through even with the robust of security systems. I wonder how tight their security are and what their system admins do for the hackers to still find a vulnerability on the platform.
Yep, pretty much everything is bound to be hacked at some time, not only exchanges. It's mostly just a matter of "when".

There's this famous quote from Robert Mueller(non verbatim): "There are only 2 types of companies: those that have been hacked, and those that will be hacked."

Also, this stresses the age-old question of whether to keep your funds in an exchange or not, and the answer is laid right before our eyes every time a theft occurs.
Pretty much. People will never learn I guess.

*snip*
Not 100% sure. Their Tweet was just approximately 6 hours ago. They haven't gave out ample information about the breach yet. There are rumours about huge number of ERC-20 tokens being lost.

Check this out: https://twitter.com/xGozzy/status/1085112959179866113

*snip*
Very unfortunate, but this is really nothing surprising.  Sad