Quote from: Sanitough on November 30, 2022, 09:55:12 PM

Quote from: mk4 on November 22, 2022, 04:41:57 PM

I'd say the exchanges that currently remained to be unhacked are pretty "safe"; probably Binance and Coinbase. But that doesn't mean I'll recommend leaving funds on these platforms. The developers can make the platform as secure as possible, but never secure enough to the point that it's impossible to hack. Exploits will always be a risk. Not because these "unhacked" exchanges remained unhacked for years doesn't automatically mean it'll stay the same forever.

https://NotYourKeys.org

Quote from: CryptSafe on November 22, 2022, 04:28:38 PM

How do you explain these things to the people whom have entrusted their funds and assets to you for safe keeping hoping that what they gave to you is under safe care only to wake up to a sad news of their assets being stolen by hackers. How do you explain all these.

That's why you don't let other people entrust their funds to you. You have not much to gain but everything to lose.

There will be no safe exchanges as long as they are centralized. Yes, there might be unchacked and still reliable centralized exchanges for now but I dont think they will always stay safe in the long run. Just think of those centralized exchanges that have been previously hacked, who would have thought that they would end just like that. So as much as we can still safekeep our funds, then never entrust it to centralized exchanges but keep it in our hardware wallet for high level of security.

But now decentralization cannot completely solve the problem of OTC, and the handling fee of Ethereum is too expensive, and other public chains have various problems, and the usage habits are not so easy to change.