Post
Topic
Board Economics
Re: hackers becoming smarter than exchanges?
by
coin-investor
on 03/08/2019, 01:39:25 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.

I agree with your observation, they should a step ahead of these hackers, they should employ the best security people to manage they have the funds to do that, security should be their main concern, I advise investors to go for a big exchange, that has proven to have very good security in place and can guaranty traders funds in case of a hack.