What is happening to Crypto exchanges

[Papusha20]

Every day we are shaken by new news.Kucoin, Bithumb, BitMex, Okex and now BitMax
BitMax could not serve users for a long time on November 7, and access to the stock exchange was not available. BitMAX's AWS services are said to be disabled. They made a statement that your funds are safe for users.These recent events revealed the importance of storing in crypto money wallets instead of crypto money exchanges.

Note: Okex still has not started the withdraw process

You have spoken very well about crypto exchange and we have learned a lot from your post about crypto exchange.  I agree with your post. Thank you very much for giving such a post. Please let us know if you have any further updates.

[Oxumare]

Every day we are shaken by new news.Kucoin, Bithumb, BitMex, Okex and now BitMax
BitMax could not serve users for a long time on November 7, and access to the stock exchange was not available. BitMAX's AWS services are said to be disabled. They made a statement that your funds are safe for users.These recent events revealed the importance of storing in crypto money wallets instead of crypto money exchanges.

Note: Okex still has not started the withdraw process

You have spoken very well about crypto exchange and we have learned a lot from your post about crypto exchange.  I agree with your post. Thank you very much for giving such a post. Please let us know if you have any further updates.

You're welcome.I'm trying to share the current information I know and read.
Please see this link for more updates. https://www.altcoinstalks.com/index.php?board=17.0
I am writing about Okex updates in this topic. https://www.altcoinstalks.com/index.php?topic=169526.75
You can follow.

[gospodin]

hhahah "come to papa" "come to beşiktaş"
changpeng zhao is a very funny guy, aalso cz is a little troll he was happy when he earned money. who wouldn't be happy

[Oxumare]

hhahah "come to papa" "come to beşiktaş"
changpeng zhao is a very funny guy, aalso cz is a little troll he was happy when he earned money. who wouldn't be happy

N'Sakalane say , "I glued it with my awesome left foot." 
It's nice to spend time watching football.It was a good football. (By the way, I'm a GS fan)CZ is a funny guy. He was very happy when the money flow returned to his Binance exchange..Someone who follows the market well.

[H2O]

All Cryptocurrencies exchanges are troubled in hackers
Whale Alert reported that the amount of about $100 million in BTC, stolen from Bitfinex in 2016, started moving yesterday

To date, recorded 14 transactions for a total of 5045.48btc

[Oxumare]

All Cryptocurrencies exchanges are troubled in hackers
Whale Alert reported that the amount of about $100 million in BTC, stolen from Bitfinex in 2016, started moving yesterday

To date, recorded 14 transactions for a total of 5045.48btc

it took action on 19 October last. On that date, only 177 BTC was withdraw,The rise in the BTC price has mobilized the hackers. The 120,000 BTC stolen in 2016 are now worth more than $ 2 billion.They will sell 5,000 BTC.

[Oxumare]

Another scandal ..
BTC Markets accidentally deciphered the names and email addresses of more than 270,000 members.When users clicked on the mail from the cryptocurrency exchange BTC Markets, they came across a list with the names and e-mail addresses of more than 270 thousand users.

[Msweet]

In 2018, there was a large sell-off of cryptocurrencies. From January to February 2018, the price of bitcoin fell 65 percent. By September 2018, the MVIS CryptoCompare Digital Assets 10 Index had lost 80 percent of its value, making the decline of the cryptocurrency market, in percentage terms, larger than the bursting of the Dot-com bubble in 2002. In November 2018, the total market capitalization for bitcoin fell below $100 billion for the first time since October 2017, and the Bitcoin price fell below $4,000, representing an 80 percent decline from its peak the previous January. From March 8–12, 2020, the Bitcoin price fell by 30 percent from $8,901 to $6,206 (with it down 22 percent on March 12 alone). As of October 2020, Bitcoin was worth approximately $13,200.
source

[Oxumare]

What do you think about Binance not providing service for 3 hours yesterday? Although CZ said the funds were safe, they were subjected to massive criticism from both twitter and other social media channels. Those who want to withdraw their funds and leave the Binance exchange,etc..

[bitbit97]

What do you think about Binance not providing service for 3 hours yesterday? Although CZ said the funds were safe, they were subjected to massive criticism from both twitter and other social media channels. Those who want to withdraw their funds and leave the Binance exchange,etc..

I dont think that their yesterdays maintenance was something to worry about and express criticism. They have warned about it https://www.binance.com/en/support/announcement/b05b72a7608943b186b981b4cc733e4e. Traders and those who hold funds had times to rearrange their orders and funds. Those who to criticize Binance should learn how to read news...

Users still had access to exchange and could observe their funds. It would be worse if Binance simply crashes and its webpage will be offline.

[Oxumare]

I dont think that their yesterdays maintenance was something to worry about and express criticism. They have warned about it https://www.binance.com/en/support/announcement/b05b72a7608943b186b981b4cc733e4e. Traders and those who hold funds had times to rearrange their orders and funds. Those who to criticize Binance should learn how to read news...

Users still had access to exchange and could observe their funds. It would be worse if Binance simply crashes and its webpage will be offline.

All those who objected to this were new investors.the spot exchange was not working, but the futures exchange transactions were continuing.
But as far as I observed, the number of people who panicked was very high.If you are not trading on the stock market, you will withdraw your investment to your wallet.

[Oxumare]

Stop using our Service, do not deposit, do not trade, do not use APIs, Livecoin says.If you have friends, be careful who uses this exchange.
They lost control of their servers ..When you enter the site, there is a warning as seen in the picture below.

[EAA-ALLAH]

Investors, traders and holders lossing their believes on cryptocurrencies exchanges because a lots of unexpected events happened within few months, finance, kucoin and now livecoin hacked. What is happening with crypto exchanges!!!!

[Oxumare]

Exmo was hacked on December 21st.Hackers attacking the exchange stole 5% of the total amount of cryptocurrencies in Exmo wallets.
Besides Bitcoin, they also stole ETH, XRP, USDT, ZEC, and ETC.
Recently, EXMO CEO even mentioned that most of these coins were laundered at the Poloniex exchange.

[Freemind]

We are reaching a point where there is no distinction (at least for me) between security breach and exit scam. I know it's sad to say but the last exchange attacked was Livecoin, another small exchange. I would like to know what is the security budget of the exchanges, from the largest to the smallest, from Binance the number 1 according to Coinmarketcap, to Serum Swap, the last.