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Are Decentralized Exchanges (including Steemit ) really safe? Ether Delta hacked and many ETH and Tokens Stolen: by charles1

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· @charles1 · (edited)
$43.93
Are Decentralized Exchanges (including Steemit ) really safe? Ether Delta hacked and many ETH and Tokens Stolen:
A top cryptocurrency exchange EtherDelta got hacked  on Wednesday, with many users sending their tokens (unknowingly )  to the hacker instead of to ether delta.
At least 308 ETH ($266,789) [were stolen, as well as a large number of tokens potentially worth hundreds of thousands of dollars. ](http://mashable.com/2017/12/21/etherdelta-hacked/#wQ.74x.21qqA )
https://steemitimages.com/DQmQC93e3eaamCHqXvs8FnEcyJLCr4HwMdAj6jatN8LfXGd/EtherDelta-Logo.jpg 

[Pic source  ](https://www.easyeth.com/etherdelta.html)

EtherDelta is a decentralized exchange which lists almost all  Ethereum-based tokens.
The platform is currently not the best however it does have a lot of volumes and also an important first step for  coin and token  owners after initial ICO.
According to their Twitter message  :   > 1/2 *IMPORTANT* we have reason to believe that there had been malicious attacks that temporarily gained access to @etherdelta DNS server. We are investigating this issue right now - [in the meantime please *DONOT* use the current site.](https://twitter.com/etherdelta?lang=en )
 And   *BE AWARE* The imposer's app has no CHAT button on the navigation bar nor the offical Twitter Feed on the bottom right. It is also[ populated with a fake order book. ](https://twitter.com/etherdelta?lang=en ). 

Few weeks ago, we had the issue of ddos attack on steemit leading to in activities and frustrating many users around the world.  This shows that nothing is 100% safe and we must take our own safety in our hands. 

Now is your turn: do you trust exchanges to safely store your coins or tokens? Send in your comments - upvote to send in your support and resteem in order for your contacts to join the discussion.


Click here and read  my former post: [Do you Know that Haters of Bitcoin and cryptocurrencies are biggest investors now](https://steemit.com/busy/@charles1/do-you-know-that-haters-of-bitcoin-and-cryptocurrencies-are-biggest-investors-now)




  See : 

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vote details (162)
@akbar21 ·
$0.03
Vote vote
https://mercatox.com/coins/list?name=ELYTE

and
https://nextexchange.featureupvote.com/suggestions/2592/add-elyte-to-nextexchange
👍  
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@charles1 · (edited)
Voted and upped-see latest post for bounty
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@booster ·
<p>This post has received a 3.97 % upvote from @booster thanks to: @charles1.</p>
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@charles1 ·
Thanks bot
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@charles1 ·
@originalworks
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@originalworks ·
originalworks
The @OriginalWorks bot has determined this post by @charles1 to be original material and upvoted it! 
<center>![ezgif.com-resize.gif](https://steemitimages.com/DQmaBi37A5oTnQ9NBLH8YU4jpvhhmFauyvgg3YRrEJwskM9/ezgif.com-resize.gif)</center> 

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
👍  
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vote details (1)
@charles1 ·
Thanks
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@gabaman ·
Of coruse they're safe! You can also run your own copy of Etherdelta on your machine and it's really simple https://steemit.com/security/@gabaman/how-to-run-your-own-local-copy-of-etherdelta-on-osx
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@charles1 ·
Good point, thanks for your comment
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@gabaman ·
You're welcome!
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@jakeduck ·
Things like this and like NiceHash getting hacked really worries me about the Crypto World other than that I love it! God Bless.
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@charles1 ·
Good point, a big reason to worry..thanks for your comment
👍  
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vote details (1)
@jlufer ·
These things never cease dear friend, many thanks for the warning and information
I wish you a great day dear friend @ charles1
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@charles1 ·
welcome my friend, hope you are safe
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@kanasite ·
Welcome to Steem @charles1. Feel free to *follow me* @kanasite and upvote. Cheers :)
👍  
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@charles1 ·
same here...welcome to steemit...guess you dont read posts bot
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@kenhudoy ·
I always feel safer with 2FA using Google auth. Wish steemit will look into 2FA and etherdta will improve security and speed of transactions
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@pilot ·
A DNS attack on steemit would suck if you logged in and had a large liquid steem balance.., but savings should be saved in time, and of course steem power.
👍  
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vote details (1)
@charles1 ·
Yes, hence the need to use those options...good point
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@samuel-swinton ·
It is still safer than centralized exchanges.
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@charles1 ·
Good point, centralised exchanges do have their own limitations
👍  
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vote details (1)
@stealthgoat ·
@charles1 payed 10.0 SBD to @minnowbooster to buy a stealth upvote.<br><br><a href="https://steemd.com/tx/95b00ff4743942261240220b779d320800fe1b08">transaction-id 95b00ff4743942261240220b779d320800fe1b08</a><br><br><img src="https://steemitimages.com/DQmTXdfMSPGNzsdQRoPAUAm8Xc9gDDM47QfiBLsJAck4iA4/goat-2153622_640.jpg"><br><br>@stealthgoat
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