crypto security

[AltLogan]

Is crypto security became stronger or more vulnerable?
I really tired of news about hacks again and again.
It seems they provide better level of security but there is still huge hole in practice.

[Bica]

i think the more actions to secure it - the more vulnerable it can become in front of hackers.

[ZionRTZ]

You can call it a race on who is better between these exchanges and these hackers. Do not be fooled into thinking that because there are no recent news about hacks, the exchanges are more secure now. Well it could be true that they have upgraded their security systems but that does not mean hackers are not upgrading/improving also. It's a known fact that these hackers are very patient in setting up their attacks.

[May]

we must strive for security of the assets that we have. we must not be too trusting of the wallet security system that is offered by many investors. security that is truly safe is a device of ourselves, not of others.

[zilzylian]

So far, I have seen that the level of security against crypto is increasing, but there is always a way for hackers to do what they want, like what has happened a long time ago when Binance was hacked. They are often hacked because they have a lot of investors and proven crypto security in exchange it is still vulnerable to hacking and now we don't need to worry because the level of security for cold wallet is very difficult to hack

[ComeBack]

It's because even the security are keep upgrading and becoming more difficult the more those people (hackers) thrilled to learn on how they will going to crack it. It's just like a battle between the knowledges of two kind of person. I guess crypto will really going to take more time for it.

[Lanirex]

In my opinion, Cryptocurrency will not be able to say 100% has sufficient security or can be said that it will never be able to be hacked.  Because Cryptocurrency is digital technology, and everything is online and related to the Internet.  And that is an easy thing for famous hackers.  Never mind our account, only a country's secret documents can be hacked by criminals.  In essence, if we have been involved in the Cryptocurrency World we must be prepared with all the risks we will receive, but we must remain extra careful in everything.

[Bobcrypto]

You have spoken well, and obviously this situation currently happening in crypto ecosystem is what we may experience for a long time to come. I think every business will always have its own risks and hack has become part of cryptocurrency. This just my opinion.

[UNIVERSE]

In my opinion, every project of the coins always prepare the high security and the developers also always ensure to check their security. However, hackers will be always hackers with their high skill and chance to hack. Sometimes, it is outside of our minds.

[Debasco]

To some extent their some of level of security because hackers can bang into ones account except one give tipd about it I.e necessary info that they take advantage on, because most project have standby security

[corr]

if we talk about exchanges and purses then I think none of them is completely protected. The hackers will sooner or later find ways to break the stock exchange or the purse. And unfortunately, they have not found yet another way to track and hack these hackers when they sell stolen cryptocurrency. On exchanges, I would say it's even more dangerous to keep assets than on a cold wallet because the stock exchange can steal your assets and then say that they hacked hackers

[Filo]

You can call it a race on who is better between these exchanges and these hackers. Do not be fooled into thinking that because there are no recent news about hacks, the exchanges are more secure now. Well it could be true that they have upgraded their security systems but that does not mean hackers are not upgrading/improving also. It's a known fact that these hackers are very patient in setting up their attacks.

Completely agree. In addition, most of the hacks are the result of user mistakes. Too many people still do not use 2FA app. Or they use the same email address for both exchanges and airdrops.

[dewod_]

Well, it's good to remember about the security of your coins. There always be a hacking risk, that's one of the features of cryptocurrency market. You can playdown the risk by using some reliable cryptocurrency exchanges (I can recommend CoinDeal, that's my number one) and hardware wallet. Remember that any of your steps could be dangerous, always try to be cautious

[gurunanakji777]

Yes we all are afraid of crypto security even daily we heard on crypto forums that somebody Ac hacked and hacker took out all the worthy coins from their wallet. There should be some solution to avoid hackers generally. Security is the big concern in cryptos So I bought hardware wallet (Trezor) to avoid hacking.

[Zed0X]

It's because even the security are keep upgrading and becoming more difficult the more those people (hackers) thrilled to learn on how they will going to crack it.

Hackers do love challenges.
A good example I can cite is this trader on twitter who was bashing another hacked trader. This basher went on to claim that he will never be hacked. A few months later, he's all over twitter condemning the hackers stealing his funds.