Post
Topic
Board Bitcoin Discussion
Re: Will there ever be any safe centralised exchange ?
by
Oneandpure
on 17/12/2022, 17:40:11 UTC
We have reviewed every exchange hacking case never explain hacking details instead they post news twitter has been hacked causing millions of dollars loss but hacker wallet not published never because hacker wallet will be blacklisted every deposit to other centralized exchange. Even though the Binance exchange case has replaced user funds from the reserve fund due to the hack exploiting the bridge network, there is no reason to guarantee and trust 100% the exchange. So anyone with assets on a centralized exchange is advised to switch to a personal wallet or more securely keeping a hardware wallet.
All exchange with hacking cases never transparent about wallet receiving from hacker, I don't sure with all hacked is true from hacker or have possibility with exchange market internal team its self. I think easy for several bigger exchange how to blacklist with address used by hacker, when depositing to exchange market account suspend or freeze and refund to exchange have been exploit.

Can't 100% trust with exchange market, third largest exchange around the world FTX market become scam and how come with small exchange market trust? I believe personal wallet more secure for saving our fund than keep it in exchange market.