Post
Topic
Board Exchanges
Re: Coinbase Breach: Customer Data Stolen, $20M Ransom Demanded
by
Lucius
on 18/05/2025, 14:57:38 UTC
~snip~
I predict that the first DEX team that could create an experience for users similar to CEX will certainly make much money in revenues from fees hehehehee.


How do you imagine that DEX can ever provide an experience like CEX, especially when it comes to liquidity? In addition, even if a DEX succeeded and became planetaryly popular, all these big players who earn huge amounts through CEXs would join forces and do everything possible to bring down that DEX legally. All they would have to do is "hire" hackers to hack someone and then try to "launder" coins through that DEX - well, we recently saw exactly that in the case of eXch and we all know how that story ended.

This is the information on what was leaked. This is very headshaking.

That's how geniuses do it, they keep all the data together - except the bad guys know you have an account open on that CEX, now they also know if you're a target worth attacking. I wonder if people will ever understand the risks they are taking when they create accounts on CEXs or when they buy hardware wallets online using their personal information.