Quote from: Dread Pirate Roberts on July 22, 2019, 06:01:27 PM

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.

In a security system there must be a gap that is very guarded by the system. all depends on the security of the website and the people behind of the website. there is Many reputable exchange cases have to ended horribly and claimed the company was hacked and the coin was lost. if we remember the past like mtgox and other exchange that are trusted exchange at that time. but the possibility of vulnerability of stil systems exist these days. so this why i just believe with my own wallet . im just using exchange for Exchange to real money, not as my wallet to saving money there.

Already several horrible incidents have took place when the price of bitcoin was very low compared to the present. When something gets more value automatically the focus of the innovative people will turn towards the same and keep on learning to acquire it. Some does it in the right way while some try the back door. Everywhere everything can't be perfect, exchanges too have loopholes and the same is being used by the hackers. This is endless however secure we keep the funds.