A lot of hacks, whats the solution? - page 9.

rugrats

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Quote from: GreatArkansas on July 27, 2018, 01:27:01 AM

For me, I think those lot of hacks are the cause why the price of Bitcoin dropped, and I also think that the market is being manipulated and they are using those hacks issue to make the market manipulated. But we still don't know, always be careful , don't store your funds in the exchange, always secure your personal wallet.

I agree with you on securing wallets and keep funds away from exchanges but in my opinion I do not think that hackers manipulate the market of Bitcoin because then why wouldn't they spike it a lot more than what it is now? To me it does not make sense.

[ProTrader]

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Activity: 644

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Quote from: KyoNitro on July 13, 2018, 02:42:31 AM

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

The only solution to this is to be vigilant and do not put your altcoin in exchange unless you are not going to trade it. Use a hardware wallet if possible to avoid hack and save the paraphrase password in a safe place.

Raphagalthena2

newbie

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using hardware wallet is the safest way now but just for who invest the plenty money but for people who just invest 1-5 btc still a not found solution.

andika2018

member

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Merit: 10

Quote from: KyoNitro on July 13, 2018, 02:42:31 AM

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

I think DEX exchange is good but its the only not solution. Hacking always happen not only in cryptocurrency but in banks account too. The safest option we can do is keep our private key safe because its very important. Centralized exchange should be increasing their security and we should use 2FA on our account to avoid hacker stole our crypto

agiskasep

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personally I think safest to not be hacked is using hardware wallet like ledger,who can hack this? no one

GreatArkansas

legendary

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For me, I think those lot of hacks are the cause why the price of Bitcoin dropped, and I also think that the market is being manipulated and they are using those hacks issue to make the market manipulated. But we still don't know, always be careful , don't store your funds in the exchange, always secure your personal wallet.

efremovma

newbie

Activity: 26

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The exchanges should be more careful with security. Bug bounty programs can be helpful for this.

3la9l_kolbaCa

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Quote from: bitcoin31 on July 27, 2018, 01:15:14 AM

A lot of hackers now in cryptocurrency. Because they know cryptocurrency have a lot of money so it prone to hackers. If you don't want hacker to open your project or any wallet that you have make sure your system is fully protected and to hide the information that you have.

Hackers and scammers are very rampant nowadays and with the evolving world of technology, they are also upgrading their styles to trap their target. What we can do is to have full-awareness and proper education, to know what and who we are dealing with, do background check, and report fraudulence activities. If they are wise, we must be wiser and keep ourselves updated, informed, and to be vigilant.

bitcoin31

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A lot of hackers now in cryptocurrency. Because they know cryptocurrency have a lot of money so it prone to hackers. If you don't want hacker to open your project or any wallet that you have make sure your system is fully protected and to hide the information that you have.

Jihuny23

jr. member

Activity: 224

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We can not deny hackers because we have to live side by side even with the bad guys. I think the hacker is a person who is too smart but can not channel his or her intelligence for positive activities. Only advice to the hacker who reads my comments is to be more responsible and not take the rights of others. They should improve their morals to not do evil to others. It is not better that they use their intelligence for more useful activities. I'm sure if these hackers use their intelligence for positive activities then the benefits can increase.

hajimasan

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Quote from: KyoNitro on July 13, 2018, 02:42:31 AM

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

I don't think we can get better solution of these things , because we can't put all altcoins at their own official wallet because the main factor is of the time of confirmation and also matter of the transaction fee , it is duty of the exchange to gain better security so that no one can easily give his hacking effect over the exchange .
Another thing that I seen in this field is that second duty is our own to make more safety over the amount of the Money that we have .
First thing we should have two factor authentication sign-in option in any type of money holding account .
Second thing we should not remain limited to few wallets , we should use Multiple wallets to put money ( bitcoin or another better altcoin ) .Third thing , is that we should not make trade at single exchange , we should expand our work at every better exchange, because trading at multiple trading exchange gives us opportunity to make earning by arbitrage trade and also if one exchange get hacked then another will remain safe and we will have time to make safe money by transfer in personal wallet .

ani4

newbie

Activity: 62

Merit: 0

Quote from: KyoNitro on July 13, 2018, 02:42:31 AM

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

true decentralized exchanges yes, and atomic swaps / being aware of your own security. There is not really any other solution for personal funds. If you are happy to use centralized entities such as custodial services, then this will be somewhat of a solution for those in the mainstream/investment world. But for anyone who is interested in their own freedom from tyrannical govenrments, Legal entities and KYC/AML etc, they need to work on their own security and practices.

Giftedcrypt

jr. member

Activity: 122

Merit: 1

Hacks based on trading or just individuals wallets?,I have a recommendations for walltes that there is a price tag of 100,000$ if any one can hack them,its called bitfil.com..by John McAfee..

Jansaa

full member

Activity: 392

Merit: 105

DEX is the best solutions for traders and holder!
But Need to build easy to use! Currently, it is difficult for new members!

SIHIN

sr. member

Activity: 728

Merit: 252

The solutions is you must carefully when you open your account or wallet and dont give your password to anyone. Dont click any link from email or social media. Always clean your computer or gadget fron malware. Use the good antivirus to safe your computer or your gadget.

swabelang

newbie

Activity: 39

Merit: 0

It depends upon the users how they avoid in hacking. Just do researching on what the thing they are doing. Be wise in interacting with the internet industry, specially in bitcoin there are many hacks in bitcoin, so that you must be sure to your move, use a secured wallet for your better sake.

notyours

sr. member

Activity: 462

Merit: 250

There is no solution. All we can do is give more bullet prof our wallets and use more safely. Because hackers are still working the way for the wallets to be stolen. Let's take care that we will not fall prey to thieves.

ihateit2

newbie

Activity: 4

Merit: 0

Solution
1.Create complex passwords. - Your passwords to access your accounts on apps or websites should consist of a combination of numbers, upper- and lower-case letters, and special characters that is difficult to guess.
* Don't use the same password for more than one website or account. This limits the damage to you if a hacker happens to crack one of your passwords.

2.Don't give out your password. - This is an obvious piece of advice, but one that bears revisiting: with the exception of some school services, you shouldn't ever have to provide a site administrator with your password for them to access your account.
* If you do have to give someone your password for some reason, change it as soon as they are done with whatever they needed to do on your account.

3.Change your passwords often. - In addition to keeping your password a secret, you should change the passwords on your various accounts and devices at least once every six months or maybe in three months.
* When you do change your password, you should change it substantially. Don't simply replace one letter with a number.

Theizestooke

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Yes, exactly nowadays hacker are continuously finding their targets to hack their wallets. And the number of hacking attacks are continuously increasing according to the time. But we have a solution for it. Using off-line or hardware wallets will definitely help us or protects our wallets from the hacking attack. As well as make sure don't hold the funds in exchange platform for the long period of time.

Raidal

full member

Activity: 560

Merit: 100

We can avoid this hacking from ourselves. We can begin to secure our accounts, our wallets, and all of our privacy access. We can begin to secure by applying security to our account and do not store our password in any place. For example we can start securing our wallets by enabling the 2FA feature and ensuring our emails are not automatically connected with other people's email. That's a simple example. More details, you can apply the security according to your chosen wallet.

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