Dex exchanges, risks with manipulation!!!!

[neocrypto90]

Binance Smart Chain is becoming the preferred target of cryptocurrency thieves. After so many attacks that have been completed successfully for hackers, I am wondering if the problem may come from the root of BSC and its code (exploits, code injection ...) or the attackers use other kinds of tools/bugs. It is curious that in such a short time so many attacks are committed, maybe they are attacks organized by several groups as they say on Twitter, but what is clear is that they must somehow increase security or else the DEX will end with the worst of the reputations.

I think the problem does not come from BSC technology and code in itself, but from the so-called Flash Loans. this technology brought my AAVE in Ethereum Blockchain must be improved in BSC, because we have seen many attacks happening using this technique.

[Evgenklm]

Binance Smart Chain is becoming the preferred target of cryptocurrency thieves. After so many attacks that have been completed successfully for hackers, I am wondering if the problem may come from the root of BSC and its code (exploits, code injection ...) or the attackers use other kinds of tools/bugs. It is curious that in such a short time so many attacks are committed, maybe they are attacks organized by several groups as they say on Twitter, but what is clear is that they must somehow increase security or else the DEX will end with the worst of the reputations.

I agree with you, I still do not understand how it can be so when after one time the flash credit is followed after a while by the second, or the developers of these projects can not do anything about it, or just carelessly treat it, I would like to be protected from these manipulations.

[neocrypto90]

Binance Smart Chain is becoming the preferred target of cryptocurrency thieves. After so many attacks that have been completed successfully for hackers, I am wondering if the problem may come from the root of BSC and its code (exploits, code injection ...) or the attackers use other kinds of tools/bugs. It is curious that in such a short time so many attacks are committed, maybe they are attacks organized by several groups as they say on Twitter, but what is clear is that they must somehow increase security or else the DEX will end with the worst of the reputations.

I agree with you, I still do not understand how it can be so when after one time the flash credit is followed after a while by the second, or the developers of these projects can not do anything about it, or just carelessly treat it, I would like to be protected from these manipulations.

I think developers can't do anything at the moment, as it's decentralized and open source, but maybe in the near future, we can see some improvements.

[Octoalts]

Unfortunately I'm not on the exchange, so I can't check it out right away. This includes new exchanges, so we still have to be aware of our assets if we want to choose a new project.  But I hope people who are experiencing a decline in the value of their assets do not panic, let alone sell coins or tokens at low prices, because it will harm us.

[Freemind]

I think developers can't do anything at the moment, as it's decentralized and open source, but maybe in the near future, we can see some improvements.

Hope developers can do something, otherwise what would be the solution, remove Flash Loans?. I don't know to what extent they could afford to remove that feature (I also don't know if it's possible to remove it), because they would surely lose a lot of users. But if they do nothing it will be a massacre, and every day more DEX will be attacked.

[Papa Bear]

Yet i have not use Julswap due to the fact I usually use Pancakeswap, for my part all alternatives are as much as investors can stake tokens to keep away from losses and watch for the price to go back to the rate they want.
I noticed the bottom rate withinside the token JULD 0.001$ and presently the rate is 0.07$ on Coinmarketcap, I assume in case you purchase it in January 2021 you'll nevertheless get a income earlier than the price returns to the preliminary rate of January, all selections appearance hard due to the fact the present crypto marketplace is in correction.