Topic: Can Your Bitcoin Wallet Be Hacked? How Can You Secure It? (Read 1621 times)
anything can be hacked including bitcoin itself so we have to be more careful with people we don't know like for example we don't easily give bitcoins or for example like passwords to other people because it's very vulnerable to hacking our accounts so far, and also don't It's easy to believe people who say that you can multiply bitcoins in large numbers because that's not true at all
It will take trillions of trillions of years on all the computers of the trillions of trillions of the planets of the Earth.
As the security becoming more advance, and so are the hackers, keep your data safe; there is the benefit of the doubt, choose the best place to keep your keys. I haven't experienced weird activities for 3 years, but I learn to keep it secure a hard way after losing my funds from phishing.
As long as I do not authorize unknown software, the risk will be reduced.
The wallet that you installed on your mobile phone is often poorly protected, and if you lose access to your device, be ready to immediately transfer your coins out of corresponding compromised keys. Most mobile wallets are encrypted and protected with numerical PIN codes, but such protection is not sufficient in the case when huge amounts of money are involved.
Recently, some guy revealed a vulnerability in Samourai Wallet, which basically allows a hacker (provided that he has direct access to your mobile phone) to brute-force your PIN and therefore decrypt your wallet easily. Bruteforcing takes time, that's right. However, if you utilize your mobile phone as a cold storage or hardware wallet and keep it in no-so-secret-place, hacker's manipulations may go unnoticed, and you may lose your funds.
Recently, some guy revealed a vulnerability in Samourai Wallet, which basically allows a hacker (provided that he has direct access to your mobile phone) to brute-force your PIN and therefore decrypt your wallet easily. Bruteforcing takes time, that's right. However, if you utilize your mobile phone as a cold storage or hardware wallet and keep it in no-so-secret-place, hacker's manipulations may go unnoticed, and you may lose your funds.
If you don’t know how much money is in your wallet, there is no frequent transaction. Your wallet will not be attacked.
Generally hackers will attack the wallets of some whales.
You still have to manage your own wallet. Don't give your private key to anyone. Don't trust third parties.
Generally hackers will attack the wallets of some whales.
You still have to manage your own wallet. Don't give your private key to anyone. Don't trust third parties.
There are many people in 2021 that have decided Bitcoin is the future - and they aren't wrong either!
One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/
One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/
It depends upon you completely.
If you using online 3rd party wallets where you don’t have complete access on your private key, then more chances are there that the wallet will be hacked.
But it’s quite difficult to hack if you store your Bitcoins in hardware wallet and until and unless you share your Private key with someone else.
Hope this helps you buddy.
Yes of course your wallet can be hacked, actually there are some cases regarding that already but most of them are because of the carelessness of the owner though. Like clicking phising website, willingly input the data of the wallet to scammers, and such. Everything in the internet is vulnerable to hackers, we just need to be careful, don't believe suspicious websites or people, never give any important detail and information, keep our wallet key or password in safe place, and always be cautious. There are so many things we can do to prevent it getting hacked for sure.
There are many people in 2021 that have decided Bitcoin is the future - and they aren't wrong either!
One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/
Bitcoin wallets on exchanges are usually easy to hack. I've experienced losing bitcoin assets on an exchange, but after that I chose to replace the asset storage in a hardware wallet and it's safer One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/
I lost dollars from my bitcoin as a result of losing my mobile phone. Because I used Trust Wallet, once you trust Login, you don't need to login again. So Once a device is lost, any cryptocurrency user can use Bitcoin from a lost device.
Didn't you save your recovery phrase of your trust wallet before? If you did it, you can recover it on other devices as soon as you noticed that you have just lost your phone.
I'm not that familiar with trust wallet, but afaik there is also 2fa security system on trust wallet (correct me if I'm wrong). It is also a must step to secure your wallet but in case of losing your phone where you have your wallet and authenticator, the other you should do is to have difficult password to open your phone.
I lost dollars from my bitcoin as a result of losing my mobile phone. Because I used Trust Wallet, once you trust Login, you don't need to login again. So Once a device is lost, any cryptocurrency user can use Bitcoin from a lost device.
My bitcoin wallet has not been hacked till today but my bitcoin wallet is hardware wallet. Hardware wallets are much more secure than software. However, sometimes Bitcoin wallet for unwanted reasons Can be hacked.
There are many people in 2021 that have decided Bitcoin is the future - and they aren't wrong either!
One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/
Hacking occurs through phishing sites where they get your data's from your phone. They are good at identifying where anyone is securing their private keys or recovery phrase. I recommend not to put these ones on your FB or emails for future purposes. Better if we secure it by hand writing and put it in a secure box. Other than this, there's no one that could hack in to it. One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/
If anyone is using "localbitcoin" site to save your btc, or any other exchanges which have to be logged in on desktop with their URL, then be more cautious when entering the URL on the URL bar on any browsers. Make sure the URL is logged in on a secured environment. the URL should start with "HTTPS". I remember, my wallet was hacked few years back. I then checked the URL. It was very similar to the original. The url was not securely connected. So keep an eye on it.
I'm pretty sure a lot of replies have been focused on 2FA, and I do agree that 2FA gives us the best security we can get for our wallets, same with digital fiat wallets, 2FA gives us good security, but we're still vulnerable of getting robbed if we'll only rely on 2FA, you still have to be knowledgeable around the internet, avoid clicking suspicious links or files, we're still at risk and the internet is filled with hackers, we're not safe but we can at least prevent some things to happen.
Hacked maybe not. Most of us we compromise the security of our crypto wallets by the way we use our devices, some of us have either rooted or jailbroken our devices which is the first step of weakening a device primary security. If this isn't it it could be clicking anything that comes our way which shouldn't be the case, others desire to hide their identity costs us through the use of VPNs which could have some else intercept this our information using these vpns so as a precaution I try to do the opposite not to get hacked.
I think all wallets can be hacked if we as owners are not careful in connecting our wallets by clicking on phisshy and scammy links or emails which can install malware in your software and you lose access to your wallet and funds. ,
There are many people in 2021 that have decided Bitcoin is the future - and they aren't wrong either!
One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/
One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/
Most of the time I am using a mobile wallet. First, I am using password before opening the mobile application. Then I am setting a password that contains alphanumeric and special characters. Third is am using a two factor authentication for extra security. Fourth, websites that I visit the most is bookmarked to avoid clicking the wrong link. Online transactions are always risky. I am still afraid when I am transferring or even viewing my wallets so I do not install much applications nor visit an unknown sites
Actually, I'm one of those people who memorize important numbers, such as mobile phone numbers, bank accounts, email passwords,
and some password exchanges. I do like memorizing important things, but I also make backups of all the passwords I've memorized,
by writing it on a piece of paper and I keep it in a safe place. Just in case one day I forget it, therefore in my opinion there is nothing
wrong if we want to try to memorize our Bitcoin wallet password or other important passwords. But remember our brain has limitations,
so always have a backup plan.
The only problem with relying on your memory is that most likely then you are using words or something similar for your passwords and hackers can easily hack those kind of passwords, unless you are using several words similar to what we see with our seed words, however I see that you also write your passwords in the case you forget and that is a great thing to do because there have been many instances in which for some reason I completely forgot an important password and then I had to look everywhere for the paper in which I knew I had written that password. and some password exchanges. I do like memorizing important things, but I also make backups of all the passwords I've memorized,
by writing it on a piece of paper and I keep it in a safe place. Just in case one day I forget it, therefore in my opinion there is nothing
wrong if we want to try to memorize our Bitcoin wallet password or other important passwords. But remember our brain has limitations,
so always have a backup plan.
There are all kinds of ways where you can fuck up even if you keep your paper wallet and your house. Let it burn down or whatever, spill some water over it while typing the keyboard. Let your dog eat your paper wallet with 500 BTC on it. 
It requires caution no matter where you keep it. One thing is for sure: if you keep paper wallets or hardware wallets at home, never talk about it to anyone. That is the worst you can do.
Agreed, I would argue that even talking about bitcoin is a risk right now, after all with the high price of bitcoin if you were to tell people that you have been in bitcoin for years they may believe that you are holding a lot of bitcoin and then try to find a way to steal your coins when you in fact are only a small holder, so it is better to keep that information a secret so no one gets a clue about the fact you are holding some bitcoin. It requires caution no matter where you keep it. One thing is for sure: if you keep paper wallets or hardware wallets at home, never talk about it to anyone. That is the worst you can do.
Yes even worse you could attract some serious hardcore burglars! If they get to know that you have paper wallets at home and have some idea that you might be holding tens or even hundreds of Bitcoin, good night man. They could be coming for you and they won't be nice to you.
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