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.
With things that has happened to most exchangers despite their claimed level of security, some people are forced to believe that no exchanger is safe again and that any exchange can get hacked by hackers whenever they want.
As for me, I dont think that is true, cause if it was possible to hack exchanges so easily they would have been doing that like everyday. Take for example, Coinbase has leveled up their security and I dont think they will ever face problems with hackers, although I do know some hackers are devils.
Hackers are smart but cannot be smarter than exchanges but yes if they create their own fake sites/exchanges then they can do anything they want. Although all exchanges which are real exchanges are protected and there are top exchanges so you will not find any hacking activity there.They have made many traps for traders but a real trader will always have the knowledge to understand good and bad things.