Godaddy database hackable

Been doing a little research looks like the Godaddy databse is openly hackable. This is a serious problem for people that use godaddy to buy high-end domain names they plan on using for big ideas. I never use Godaddy to purchase domain names for multiple reasons but this just made myself 100% confirmed to never purchase domains with Godaddy. Pardon myself if this is something some of you already know.
So back to what I was saying, how it works when you search for a domain name and actually purchase the domain name you get a confirmation email stating. Thank you for purchasing this domain name! 12 hours go by and you recieve an email from Godaddy stating, “Sorry the domain name you purchased is already taken”. So you think to yourself, “well i checked the whois and it said no one owned it, and godaddy said it was available”. Well you are right, when you searched for the domain no one owned the domain but in the process of you buying the domain someone snipered your domain from you.

This is very common on other forms like holding domains for loads of cash, however I was somewhat unaware of this form of domain snipering.

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