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  1. Home
  2. FAQ
  3. Why Are There So Many Hacks in Crypto Exchanges?

Why Are There So Many Hacks in Crypto Exchanges?

Scheduled Pinned Locked Moved FAQ
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  • etfsE Offline
    etfsE Offline
    etfs
    wrote last edited by
    #3

    exchanges like Binance and Coinbase basically act as liquidity magnets, which makes them obvious targets.

    1 Reply Last reply
    0
    • PatapimP Online
      PatapimP Online
      Patapim
      wrote last edited by
      #4

      Big money = big target 🎯

      1 Reply Last reply
      0
      • BrutalAge*gofastB Online
        BrutalAge*gofastB Online
        BrutalAge*gofast
        wrote last edited by
        #5

        Exchanges are basically honey pots for hackers

        1 Reply Last reply
        0
        • The_Walking_DeadT Online
          The_Walking_DeadT Online
          The_Walking_Dead
          wrote last edited by
          #6

          One breach = massive liquidity unlocked.

          1 Reply Last reply
          0
          • Capybara_CapybaraC Online
            Capybara_CapybaraC Online
            Capybara_Capybara
            wrote last edited by
            #7

            Centralized points always get tested.

            1 Reply Last reply
            1
            • Jan Emil ChristiansenJ Offline
              Jan Emil ChristiansenJ Offline
              Jan Emil Christiansen
              wrote last edited by
              #8

              Will keep happening I think

              https://x.com/cxcrypto1
              https://www.youtube.com/JanEmilChristiansen

              1 Reply Last reply
              1
              • bredB Online
                bredB Online
                bred
                wrote last edited by
                #9

                Security lagging behind innovation again

                1 Reply Last reply
                1
                • SuzukispeedtestS Online
                  SuzukispeedtestS Online
                  Suzukispeedtest
                  wrote last edited by
                  #10

                  Weak passwords still doing damage in 2026 😅

                  1 Reply Last reply
                  1
                  • UndeadBeastMonkeykillerU Offline
                    UndeadBeastMonkeykillerU Offline
                    UndeadBeastMonkeykiller
                    wrote last edited by
                    #11

                    Not your keys… you know the rest.

                    1 Reply Last reply
                    1
                    • febe3f2e35F Online
                      febe3f2e35F Online
                      febe3f2e35
                      wrote last edited by
                      #12

                      APIs and infra = biggest attack surface.

                      1 Reply Last reply
                      1
                      • 0c4535c1a00 Online
                        0c4535c1a00 Online
                        0c4535c1a0
                        wrote last edited by
                        #13

                        Hackers follow the liquidity, always

                        1 Reply Last reply
                        0
                        • 97770892359 Online
                          97770892359 Online
                          9777089235
                          wrote last edited by
                          #14

                          Crypto fast, security catching up slowly

                          1 Reply Last reply
                          0
                          • GummyBearG Online
                            GummyBearG Online
                            GummyBear
                            wrote last edited by
                            #15

                            Human error still the weakest link.

                            1 Reply Last reply
                            0
                            • ChewBeastC Online
                              ChewBeastC Online
                              ChewBeast
                              wrote last edited by
                              #16

                              Billions sitting in one place = risky game.

                              1 Reply Last reply
                              0
                              • 059d96d16a0 Online
                                059d96d16a0 Online
                                059d96d16a
                                wrote last edited by
                                #17

                                Convenience vs control tradeoff.

                                1 Reply Last reply
                                0
                                • d82ae58262D Online
                                  d82ae58262D Online
                                  d82ae58262
                                  wrote last edited by
                                  #18

                                  Stay safe or learn the hard way 🔐

                                  1 Reply Last reply
                                  0


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