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Topic: Cryptocurrency wallets: Can they be hacked?? - page 17. (Read 4112 times)

newbie
Activity: 98
Merit: 0
Yes. Cryptocurrency wallets is prone to hack , as some of the wallets are not securely protected against hackers.
Again, users who save their passcodes carelessly or are fond of clicking on any damn link that comes their way .....make it easy for hackers to get access to their wallets.
hero member
Activity: 1022
Merit: 511
of course, as good as any program there must be a shortage that can be exploited by irresponsible people like hackers, especially for online wallet, wallet with internet method is very vulnerable to hacking, because people can do theft by using the internet from wherever he is.
But this can be stopped and prevented by using certain tactic like keeping your account secure and the password very personal. Besides, changing the account password once a month is also advised.

It is advised by some experts not to login to websites that are insecure and can potentially hack your personal computer. Blockchain has reduced the threat up to great extent and Google and Facebook has also played a role to reduce the fraud activities by banning the advertisement.
full member
Activity: 334
Merit: 100
I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?
Yes definitely they can be hacked. Humans invented the technology, so definitely they can also hack it. Every online wallet is having high risk of getting hacked as hackers are becoming advanced day by day. So its safe to use offline wallets which are 100% safe. Now a days many online wallets are using high security systems but still hackers are very clever ,they can manipulate you to acquire all your personal details such as PIN, OTP etc
jr. member
Activity: 238
Merit: 1
Your cryptocurency wallet can be hacked if you become careless. Always keep your wallet password very safe and never save them anywhere for anyone to have access to.
full member
Activity: 644
Merit: 102
Cryptocurrency wallet can be hacked by savvy hackers if they can get hold of your private keys and password. That is why you should be careful of the sites you visit some of them have malware that steals your information
newbie
Activity: 75
Merit: 0
If you are deploying access to your wallet maybe it will happen. Depending on the wallet you are wearing because the security of the wallet is necessary.
Hacker’s minds are faster than the controllers and management for cryptocurrency wallets. The authorities try their best to provide unbreakable security to its users but nevertheless hackers hack their system. It is not good because one can lose all his money in seconds and the problem is this that you cannot claim your lost money because of the illegal money for many countries.
newbie
Activity: 126
Merit: 0
The crytocurrency wallets are many variety to choose but I think they are all good, I do not think it will hacked , the only thing is to be safety about your private key ,because if other would secretly known it ,that is the time your wallet will be penetrated and you will lost every thing in this wallet, so be careful your passwords and private keys keep it secretly as much as possible.
sr. member
Activity: 714
Merit: 252
Nothing is impossible. Even those High-Tiered exchanges were hacked even they have some qualified Security experts.
newbie
Activity: 69
Merit: 0
Actually that's what really scared me the most. The wallets can be hacked,  and that's the most scary things that can be happen, and i don't know and im not sure if my wallet is safe. Because hacker's are really intelligent.
member
Activity: 266
Merit: 10
Hacking of cryptocurrency wallets is possible due to vulnerabilities on the blockchain. With such vulnerabilities hackers can enter into blockchains and cause harm.
full member
Activity: 434
Merit: 100
Yes they can be hacked because they are also in digital form like your social media account that requires your email and password or a certain private key. Once these information got leaked or exposed by a hacker, then it's the end of the road of your crypto assets already.
full member
Activity: 268
Merit: 100
The security of all of those you mentioned are sure and cannot be hacked. But, the one that can be hacked off you are your passwords. Also, take special care of your private keys. The only way that they can take them from you is if you let them.
full member
Activity: 504
Merit: 100
Everything that is done in the internet is prone to hacking. And i have some friends that lost their crypto because of hackers. This hackers will do anything to get your funds. And they will send allot of bait and wait until you bite their bait. So we need to take care always so we cannot be a victim of hacking.
jr. member
Activity: 196
Merit: 6
🚀🚀 ATHERO.IO 🚀🚀
For all we know, hackers are growing and we can't stop them. They can do or they can hack everything they wanted to. Hackers are criminals and they are need to be punished if they hack something especially when they hack money. A big amount of money. Ofcourse they can hack crytpocurrency wallets because they study programming. They can enter the systems of anything. Hackers are wise. But we must be wiser than them.
sr. member
Activity: 619
Merit: 250
Yes, they can absolutely be hacked if the users do not know how to protect himself or use it in an appropriate way. Therefore, you have to obtain knowledge on the internet about your coin as well as your wallet in order not to be lost money. Many people will teach you how to protect your money in the best way
member
Activity: 193
Merit: 83
whatever sort of wallet we have I figure it will be exceptionally helpless against hacking on the off chance that we are not watchful in putting away our private key. so I think the most imperative thing is the manner by which we can keep a mystery about the wallet we have from anybody in light of the fact that on the off chance that somebody thinks about the wallet we have it will have an extensive hacking hazard.
sr. member
Activity: 1918
Merit: 370
Any wallet is vulnerable to hacks, because there are several angles of attack. A hacker might not even have to exploit the

wallet software or code. They can use the "Man in the Middle" attack strategy where they intercept the data before it is

send to the wallet or they can use a Phishing strategy where they re-direct you to their fake site or wallet software. They can

even install Malware on your computer to capture all the data that you enter to re-use it on another computer. They can steal

your seed when you create the wallet or grab your private key, when you use the wrong method to create Paper wallets for

cold storage.  Roll Eyes

 Anything can be Hacked, we've read reports on social media or on print about the incident of Hacking, Crypto currency wallet is very appealing to hackers, that's where the information about your investment, profits, money on your wallet. Take care of your private wallet, password, and information on all of your business transaction. Its better to be safe than sorry.
hero member
Activity: 840
Merit: 502
If your Bitcoin wallet is hosted in a third party server (coinbase, blockchain, bittrex ect) then yes it can get hacked.

If your Bitcoin wallet is hosted on your own device, personal computer or in an offline paper wallet then it cannot get hacked.
This is completely incorrect, just because the wallet is stored in your own device it does not mean it cannot be hacked, the reason we see more hacks against exchanges has to do with the fact that they are big targets because of the great amount of coins that they hold, but make no mistake there is always a way to get hacked or to make you to reveal that information, some months ago thieves stole bitcoin from a trader the old fashioned way and this is only going to happen more frequently as the value of bitcoin goes up.


Yes, and small traders like us will always get ignored by hackers because they don't know how much is really on our wallet but with exchanges, they can expect on how much they can get. But we still need to be careful because maybe one of the people you know is a wanna-be hacker trying to steal your  money because you told them how much you have.
Which is why you should not trust anyone in this market, in fact one of the easiest ways to be hacked is if the hacker can get physical access to your computer since many people do not put a password in their computers, this is why you must keep the amount of coins that you are holding in secret even to your loved ones so you avoid becoming a target, after all if criminals knew that you keep a bunch of cash in your house you will be robbed immediately.
full member
Activity: 659
Merit: 101
Everything computer related is hackable. So of course. You always have to be careful to have the latest most secure wallet.
There comes something important. Yes every single thing that is intractable with internet and connected to some computer thing, you are not safe with it. Hackers are everywhere and they can hack into everything depending upon how complex the security of that system is. But there are some best practices that must be followed to keep your system and your coins safe from such vulnerabilities.
newbie
Activity: 12
Merit: 0
Yes it can be hacked because hackers always find new ways to hack. We are required to 2FA  to avoid wallet being hacked. I will prefer to use hardware wallets like trezor to have a better experiences on using wallets. Don't use web wallets.

Thanks for the advice. It is very good to use hardware wallet. I start to use it a few months ago, and for real-time I am very happy because the percent of it can be hacked is lower.
This is one way among many to protect your online account. One has to keep the important keys like password and the gmail account secure to avoid the possible threats. Besides, the blockchain technology has made it more protected to invest in Bitcoin safely. Do not access certain website which do not have the “http” in the start for majority of them are suspicious and can break into your computer to get what they want.
I think crypto wallets can be hacked and this is the big problem for controllers and investors. Hackers can even hack top class exchanges like Binance. I have heard some cases of wallet hacking. Due to hacking many people do not invest in cryptocurrency because it is internet base and can be hacked any time. Bitcoin investment is very risky.
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