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Topic: Cryptocurrency Theft (Read 408 times)

full member
Activity: 462
Merit: 100
MYCRYPTOBANK.IO
September 03, 2018, 01:07:51 PM
#72
My ETH funds were stolen and I am sure I didn't give out or handled carelessly the Mnemonic phrase, JSON file, private key nor the key store. Please I want to know ways by which a cryptocurrency wallet could be hacked.

This maybe because you are wrong entered a private key on a phishing website, Go clear your cookies and bookmark the real one (myetherwallet.com - remember it's with "com", other than this is obviously phising)
sr. member
Activity: 882
Merit: 301
September 02, 2018, 02:30:31 PM
#71
My ETH funds were stolen and I am sure I didn't give out or handled carelessly the Mnemonic phrase, JSON file, private key nor the key store. Please I want to know ways by which a cryptocurrency wallet could be hacked.

You may have been a victim of a phishing site. Or may have downloaded some wallet app pr wallet. Sorry for your loss. Be more careful next time.
jr. member
Activity: 252
Merit: 1
September 02, 2018, 02:27:36 PM
#70
My ETH funds were stolen and I am sure I didn't give out or handled carelessly the Mnemonic phrase, JSON file, private key nor the key store. Please I want to know ways by which a cryptocurrency wallet could be hacked.
Maybe you had been phished through email? or you access any phishing website it is really hard for that thing to track especially we all know what is the purporse of cryptocurrency be careful next time hope this thing will be lesson learned for you.
newbie
Activity: 229
Merit: 0
September 02, 2018, 02:25:17 PM
#69
Cryptocurrency wallets are only hacked when an individual's private keys are exposed and are not well secured and when you click phishing links.
newbie
Activity: 140
Merit: 0
September 02, 2018, 02:11:25 PM
#68
$1.1 billion worth of cryptocurrency was stolen in the first half of 2018, and it's relatively easy to do, according to cybersecurity company Carbon Black.
"It's surprising just how easy it is without any tech skill to commit cybercrimes like ransomware," Carbon Black Security strategist Rick McElroy says
The necessary malware, which even occasionally comes with customer service, costs an average of $224 and can be as cheap as $1.04 on the "dark web."
sr. member
Activity: 840
Merit: 251
September 02, 2018, 02:01:30 PM
#67
I think you opened a phishing site. When signing in it then the whole system we have will be taken by others. and it could be a private key which you have successfully obtained so the wallet you have that taken by it. possible use as a lesson to not open suspicious sites.
full member
Activity: 406
Merit: 100
September 02, 2018, 01:54:24 PM
#66
My ETH funds were stolen and I am sure I didn't give out or handled carelessly the Mnemonic phrase, JSON file, private key nor the key store. Please I want to know ways by which a cryptocurrency wallet could be hacked.

Cryptocurrency wallets can only be hacked when the private keys are compromised, so the best thing to do to make sure you keep your private key information well secured.

I really agree with what you conveyed, because some time ago when the ramped up wallet was being hacked it was because the account holder was wrong when opening a wallet website that was indeed fake, so that the existing assets could be stolen.
like for example the fake MEW that was troubling at the beginning of the year which was similar to the real one.
hero member
Activity: 3108
Merit: 577
Leading Crypto Sports Betting & Casino Platform
September 02, 2018, 01:37:57 PM
#65
You've been phished or you have been a victim of copy paste malware.

It's one of the two or its not there. There must be a problem on your computer if you know that you did nothing but your funds were gone.
newbie
Activity: 532
Merit: 0
September 02, 2018, 01:34:06 PM
#64
Nobody can hack your wallet address without having your private key, one way or the other you might have given your password out not knowing maybe through web, phishing site or through fake metamask. You are responsible for your own lost you need to be careful.
full member
Activity: 630
Merit: 103
August 31, 2018, 02:42:26 PM
#63
One mistake, a random mistake and you can lose money from your wallet. Just buy yourself a hardware wallet and forget about the torment.
full member
Activity: 364
Merit: 100
August 31, 2018, 12:33:43 PM
#62
My ETH funds were stolen and I am sure I didn't give out or handled carelessly the Mnemonic phrase, JSON file, private key nor the key store. Please I want to know ways by which a cryptocurrency wallet could be hacked.
Hacking a cryptocurancy wallet can only be done if the private key is compromised. or Phishing. Maybe you clicked something on the web or in your email. Or the MEW phishing link. Or you download some malware on your computer. Perform a full scan on your PC and remove trojans / malware that steal your password. so the best thing to do is to ensure the security of your private key and think before you click on the web.
member
Activity: 266
Merit: 10
August 31, 2018, 12:27:12 PM
#61
This problem is more and more often encountered. You have to be very careful here. About safety you start to think only when all this has already happened.
jr. member
Activity: 31
Merit: 2
August 31, 2018, 12:16:39 PM
#60
Sorry that you lost your funds. The truth is it can happen to ANYONE. Wallets are not as secure as people think. Don't believe me...

https://techcrunch.com/2018/08/30/john-mcafees-unhackable-bitfi-wallet-got-hacked-again/
sr. member
Activity: 728
Merit: 250
Buy, sell and store real cryptocurrencies
August 31, 2018, 12:07:29 PM
#59
There are a few common possibilities which are phishing websites, airdrop forms and malwares. Even you can’t recall visiting suspicious websites, you might want to check your computer for malwares.
hero member
Activity: 2366
Merit: 504
August 31, 2018, 12:04:32 PM
#58
Since cryptocurrency is more or less regulated by ourselves and we need to protect our coins ourselves (compared to fiat being protected by governments and their police officers when your money gets stolen, which mostly doesn't bring it back anyway) we need to be really careful because when once its gone, its fully gone.

Nevertheless, the good part of it comes from the multiple layers of protection you could have. You can literally have in stored on a USB like ledger and store it so carefully that even if a person steals your ledger plus your laptop or pc and that person can still not reach your wallet.

Hence, if you are getting a big number of your coins stolen, that kinda means you are not protecting it well enough.
Could be 2 reason though, he's not protecting it well enough or it's just the hacker outsmarted him. Sometimes you are doing your best protecting your crypto and then it dissapear like magic.
sometimes someone got phished without knowing what's even going on
hero member
Activity: 626
Merit: 500
August 31, 2018, 11:54:29 AM
#57
Since cryptocurrency is more or less regulated by ourselves and we need to protect our coins ourselves (compared to fiat being protected by governments and their police officers when your money gets stolen, which mostly doesn't bring it back anyway) we need to be really careful because when once its gone, its fully gone.

Nevertheless, the good part of it comes from the multiple layers of protection you could have. You can literally have in stored on a USB like ledger and store it so carefully that even if a person steals your ledger plus your laptop or pc and that person can still not reach your wallet.

Hence, if you are getting a big number of your coins stolen, that kinda means you are not protecting it well enough.
Theft will be determined by how we were able to protect our keys, it's not like the physical theft that we can see, we will be alone the responsible on our keys so we better keep it and secure the sites we visiting always.
full member
Activity: 504
Merit: 100
The Standard Protocol - Solving Inflation
August 31, 2018, 11:52:27 AM
#56
Never say never, you may have compromise your security details or give away unknowingly your private key or get attacked by key loggers etc. There are countless way for you to be at risk of losing your funds. Take measures to limit yiur exposure in the future!
hero member
Activity: 1022
Merit: 538
August 31, 2018, 11:49:33 AM
#55
Since cryptocurrency is more or less regulated by ourselves and we need to protect our coins ourselves (compared to fiat being protected by governments and their police officers when your money gets stolen, which mostly doesn't bring it back anyway) we need to be really careful because when once its gone, its fully gone.

Nevertheless, the good part of it comes from the multiple layers of protection you could have. You can literally have in stored on a USB like ledger and store it so carefully that even if a person steals your ledger plus your laptop or pc and that person can still not reach your wallet.

Hence, if you are getting a big number of your coins stolen, that kinda means you are not protecting it well enough.
copper member
Activity: 196
Merit: 0
August 29, 2018, 10:32:05 AM
#54
I think hackers are the most painful person for investors.they apply very different types of methods to stolen the coins of investors. so we should be very careful from the hackers & try to make a very tippical password of our private wallet for security.
member
Activity: 168
Merit: 10
ONe Social Network
August 29, 2018, 05:05:55 AM
#53
Most often your wallets are hacked because of very high activity of the wallet, that is, a lot of authorizations!
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