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RE: What!!! Can blockchain be hacked? $645 million axie infirnity hacked #pobstreet

in #leofinance3 years ago

I think Blockchain can be hack ,if not why is Coinbase hack recently,and coins are being remove from Coinbase and transfer to other exchange like binance,this makes Coinbase change their principle of register and makes binance block some users account

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A binance account can be hacked just like your Facebook account can be hacked because you login binance using Gmail but it doesn't mean blockchain can be hacked.

This is why decentralized is more safe than centralised

Yes
Technically decentralized means you are responsible for anything that happens to your funds

I would prefer centralised exchange because I trust cz binance even though it's hacked they would refund

In binance, your wallet was not hacked it is your account that was hacked

There are many time centralised exchange was hacked

Centralized exchange hacking even created fud to cryptocurrency world longtime ago

The 3 major fall of btc was because a centralised exchange was hacked

Those news do not say individual account was hacked but binance wallet was hacked

Binance used wallet for everything involved in there

Oh ok ,I get it now

Centralized exchange account can hacked not the wallet
There are different

A centralised exchange account can be hacked not the wallet
There are difference

A centralised exchange account can be hacked not the wallet
There are difference