Topic: A lot of hacks, whats the solution? - page 13. (Read 2660 times)
My token is always into my wallet. I keep it safe by viewing it offline. Doing it online is very vulnerable to hackers, they have so many ways on how to hack the wallet of others. The safest way to keep our token is keeping it on a hardware wallet.
In this modern age, security is an important and expensive issue for Any industry. Cryptocurrency platform is one of the easiest victims. We should be careful and stay alart about the hacks.
I see that users are hacked because they have disclosed their information, only the protection of personal information is good. I'm sure your account will never be hacked. I use Coinbase to keep Bitcoin and Ethereum, but and I never hacked.
We can't control hackers for what they usually did.They made many ways to hacks each account.And I think the best solution to prevent hackers to hacks our account is to use hardware wallet.But for me it's OK to use the wallet you usually use just make sure to keep it safe and when you open your account it's better to check properly that you log out
This is true. You should try to use hardware wallet. Hardware wallet is recommended wallet for bitcoin users that are keeping a lot of bitcoins on their accounts. Well, if you are not using hardware wallets, I suggest that you must secure your accounts from Phising links and sites. We all know that there's a lot of links that bitcoin is involved but we must try to observe these links first before dropping your accounts. Make sure to put back up email accounts in your accounts and also phone numbers in it (in case of emergency). Always log out your account at all times. Think before you click.
No such event occurs when no one passes their passwords to another year about company or accounts that are important to prevent thieves from being stolen.
We can't control hackers for what they usually did.They made many ways to hacks each account.And I think the best solution to prevent hackers to hacks our account is to use hardware wallet.But for me it's OK to use the wallet you usually use just make sure to keep it safe and when you open your account it's better to check properly that you log out
its been half of 2018 and we have seen a lot hacks issue in crypto industry, exchanges, pools, traders everybody is being affected by this hacks.
what is the solution as i see hackers will not leave this chance as this industry is still in development mode( early stage).
is DEX are solutions for traders, let me know !
BTC
what is the solution as i see hackers will not leave this chance as this industry is still in development mode( early stage).
is DEX are solutions for traders, let me know !
BTC
The solution is we need to educate ourself how to protect our cryptocurrency wallet with the best method.
Most of the hacking cases i believe it is because personal mistakes such as exposing private key, get phished, forgot the wallet, lost wallet, no backup, etc.
Its not new thing in crypto world and these hacks already started a few years back and started growing significantly since the price of bitcoin soar last year. I think using hard wallet still become the best solution for me if you're storing bitcoin. If you're going with other coins & tokens then you should become paranoid and aware with your computer security and the thing i learned based on experiences is not to store your private key where somebody can connect and steal it online. Just write it in a piece of paper or other offline method. 
I use Coinbase to keep Bitcoin and Ethereum, but it has never hacked. I see that users were hacked because they have disclosed their information, just good personal information protection I am sure your account will never hack.
If you keep your coins in Coinbase and sleep soundly thinking everything is safe and sound then you are living in a fool's paradise. It can get hacked anytime and you may lose funds or lose time while the site comes back. Both of which are serious problems for any person who is active in trading and is spending crypto continuously.You should adopt a desktop or maybe a smartphone wallet to store your coins. Desktop would be best.
Best solution is we need to store bitcoins and other currencies in hardware wallet like trezor and also use 2FA security with your exchange where u hold Ur bitcoin also Ur mail id need 2FA security. people need to update their system and never click on any link without verify this email is authorized also never hold longer Ur bitcoin in exchange.
I think the best solution is to get a hardware wallet or a paper wallet
Keep it save just as you keep your life save
Keep it save just as you keep your life save
its been half of 2018 and we have seen a lot hacks issue in crypto industry, exchanges, pools, traders everybody is being affected by this hacks.
what is the solution as i see hackers will not leave this chance as this industry is still in development mode( early stage).
is DEX are solutions for traders, let me know !
BTC
what is the solution as i see hackers will not leave this chance as this industry is still in development mode( early stage).
is DEX are solutions for traders, let me know !
BTC
I have no problem about hacking, currently I rarely to open my wallet. most hacking is a result of self-neglect, well if the problem of this decline that makes me sometimes disgusted.
I use Coinbase to keep Bitcoin and Ethereum, but it has never hacked. I see that users were hacked because they have disclosed their information, just good personal information protection I am sure your account will never hack.
Keep your password and private key to yourself only. Never open your account using a public computer.
Some of the solutions I will like to suggest is that,
We shouldn't access our wallets or trade on a public computer
Opening the wallets on a public computer is the last thing you can do. Its like fooling with to a street escort without using any protection. Definitely going to end you up with an STD/in this case loss of funds. Why would you even trust a public computer that has been "used" by every lowlife in the world to open you precious money-loaded wallets?We shouldn't access our wallets or trade on a public computer
Decentralized exchange does not offer you the security that your account wont be hacked. Your safety begins with yourself. How you backed up your wallet , and be cautious when entering a site that look phishi and other things like the use of google authentication is needed to avoid hack.
What would you do if the Decentralized exchange was already cloned and you are visiting a clone/phishing site? 
Decentralized exchange does not offer you the security that your account wont be hacked. Your safety begins with yourself. How you backed up your wallet , and be cautious when entering a site that look phishi and other things like the use of google authentication is needed to avoid hack.
its been half of 2018 and we have seen a lot hacks issue in crypto industry, exchanges, pools, traders everybody is being affected by this hacks.
what is the solution as i see hackers will not leave this chance as this industry is still in development mode( early stage).
is DEX are solutions for traders, let me know !
BTC
what is the solution as i see hackers will not leave this chance as this industry is still in development mode( early stage).
is DEX are solutions for traders, let me know !
BTC
Higher level of security would lessen the risk of hacks. It will not give guarantee that you won't be hacked but the fact that it lessen the odds, it's worth the shot. Individual hacks/wallet hacks could be handled by securing private keys by writing it in a paper and not storing it in a PC or phone. Exchanges should increase their security by having some algorithm that could encrypt their server password. They could provide multiple levels of security so if one is penetrated, another wall is there to block. There are many ways of increasing security for software based systems and exchanges should take security in one of the top priorities.
Seems the consensus is that a hardware wallet is best but for us who can't afford it or don't have a large pile to warrant such a purchase, basic internet protection should do. It would be best to have a separate PC/device for the software wallet but if even that is not possible, just try to avoid visiting shady sites, bookmark stuff that might get phished (for example the MEW site) and regularly update the antivirus software.
Some of the solutions I will like to suggest is that,
We shouldn't access our wallets or trade on a public computer
We shouldn't access our wallets or trade on a public computer
Hackers can not be stopped but measures should be taken to avoid been attacked my hackers. One of the safest & easiest ways to store your ETH, Tokens, ETC, BTC, and many other coins is via a Ledger Nano S or TREZOR. Both are hardware wallets. Both work with MyEtherWallet.com. And both cost less than $100 ( < 0.1 ETH ).
Use MEW Locally / Offline.
For Token Sales: do not trust any address except the one posted on the official site.
Use MEW Locally / Offline.
For Token Sales: do not trust any address except the one posted on the official site.
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