Again, hacking into the exchange…Any alternatives?
I am John :)
Today we’re talking about another recent hacking incident.
According to DailyToken(Online Media), another hacking incident on the exchange occurred.
Bibox is the issue exchange.
First, take a look at the article below!!
[Press] Bibox exchange hacking…Locuschain Coin Deodorized
Phishing damage occurred in Bibox, a global virtual currency exchange. Bibox, a virtual currency exchange, announced on Thursday (local time) that it had stopped making LOCUS transactions due to damage caused by phishing sites. It is the only coin that caused the damage. Other coins are currently in normal trading. The scale of damage has yet to be calculated.
“We recently had a malicious approach to the Rockers community,” said the company.
Locus Chain is a new coin that was listed in a bibox on the 25th.
“According to the explanation of the Korea Exchange, phishing and hacking attacks came on the day when we were listed on the market,” said a source from the LOCUS Chain Foundation. I don’t know if it will be damaged.”The listing price was not $1.64, which is in the contract,” said an official. We continue to negotiate with the exchange by collecting data on damage. We will also begin trading on the original listed price again, the official said. “We are planning to come up with a solution by tomorrow so that investors won’t lose as much as possible.”
Some investors say that the company has been hacked since the past and that the biboxe have been hacked from time to time.
The bibox are the China Exchange, a new exchange run by Reisen, one of the founders of the OKCoin Exchange.
It opened in December last year and has grown rapidly to the world’s 15th largest exchange.
▶ Convenient and simple UI/UX
▶ Publishing its own coin “Bix” that moves with the company’s development and growth
▶ Investing and partnering with emphasis on the Korean market
It’s been receiving a lot of attention from people as they listed promising coinage along with rapid growth.
And in September this year, the news began to come out that we were going to be listed in the Locus chain and start doing business.
But it’s only been a few days since I was listed.
There’s been a hacking case.
According to the Dailytoken solo report,
Hacking into the Locus chain,
They say the deal is now closed.
As of October 1st, we can confirm that we have solved the problem.
The details are not yet known, but the DailyToken report is still online, so we can assume there is a hacking problem.
Top exchanges around the world are becoming targets for hackers.
In the future, there will be continued hacking on the exchange, and the exchanges seem to have no alternative but to increase security.
Countless crypto exchange outlets have launched their services, increasing their users by appealing their own strengths/discriminations.
However, I think the most important aspect for users should be looking at how secure the exchange is from hacking.Each exchange has a security firm’s solution. We focus on security in our own ways, including developing our own security solutions and partnering with security protocol developers.
However, fundamentally, the central exchange’s servers are likely to be targets for hackers. Simply extract the information from the central server and you can easily capture the assets of your customers. Security at the Central Exchange is a separate matter from the security of the block chain, which is actually considered non-hacking.
Here, Ionia DEX solved this problem with a differentiated solution.
If IONIA get rid of a central server that is targeted by hackers…
If IONIA doesn’t store important information at all, such as a private key that hackers can take out.
And if IONIA wants an individual to trade in cryptocurrency, you want to trade directly from an individual wallet to a wallet,
Ionia DEX was worried that it would become a safer exchange, and now more secure DEX is being developed that reflects that.
Exchange Fee are cheaper.
A convenient UI/UX.
Various cryptocurrencies are listed.
These factors may be important, but basically, with the security and security of the exchange, customers can confidently invest in it.
When you choose a exchange, it’s the basis for asset investment to look at how secure the exchange is to provide a solution that’s safe from hacking.
You’ll soon find a great DEX in IONIA.
“Manage scattered crypto assets in one convenient wallet, participate in Ionia DEX, and get compensation for NIA Token! “
Ionia project and product introduction website
The Project IONIA http://www.ionia.one
Telegram https://t.me/ionia_official
Twitter https://twitter.com/Ionia_io
