Cryptocurrency wallets: Can they be hacked?? - page 22.

Bakemat

sr. member

Activity: 779

Merit: 250

Quote from: vnck25 on May 31, 2018, 07:41:40 PM

I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?

In my own opinion, those wallets cannot be hacked because it was multi encrypted, so those investors can guarantee that it was safe to invest on cryptocurrency.

jayyen

jr. member

Activity: 112

Merit: 1

Well if a whole big exchange could be hacked how much more just a wallet.well there is a possibility but sometimes it has to do with a mistake from the wallet holder.If you follow a phishing email and maybe input a wallet private key,definitely you will be hacked easily.so users have to be careful about such messages.

shinchan123

full member

Activity: 504

Merit: 100

Quote from: vnck25 on May 31, 2018, 07:41:40 PM

I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?

Yes, it is specially if we don't know how to secure our accounts and private keys. We can't deny the fact that anything inside the internet is hackable so we must be responsible for our wallets because hackers and scammers are too wise to hack our earnings which might ruin our crypto life.

raven7886

legendary

Activity: 1512

Merit: 1041

Quote from: EnricoGomez on July 06, 2018, 07:02:08 AM

Of course, wallets can be hacked - you cannot really expect the best on everything, someone will always be smarter than anyone else and easily get their way through.
Easiest way into them is through your wallet login credentials so it is important to triple check its safety and never trust anyone.

Right, there is nothing that has never happened before and I have read some articles on how the development of quantum computers can actually create some easy ways to hacking but whichever way I am sure even the protocol of most of the cryptocurrencies must have changed so as to be able to withstand any of such hacking process.

Security is paramount in this crypto world, and that is the only way we can stay out of the hacker's vices. Always using the latest wallet version and using separate computer/laptop for wallets are few security measurements I am following right now.

EnricoGomez

member

Activity: 238

Merit: 11

Of course, wallets can be hacked - you cannot really expect the best on everything, someone will always be smarter than anyone else and easily get their way through.
Easiest way into them is through your wallet login credentials so it is important to triple check its safety and never trust anyone.

yslyv

hero member

Activity: 1078

Merit: 537

Quote from: vnck25 on May 31, 2018, 07:41:40 PM

I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?

any wallet can be hacked. especially if your computer is infected by a trojan or virus it is quite possible you to loose your cryptocurrencies. You can use hardware wallets such as trezor and ledger for a better protection.

swordling143

full member

Activity: 360

Merit: 100

I think without the proper care of the credentials to the wallet or any account for that matter, of course it can be hacked. Of course, it is a given fact that we should also be mindful on where we log in our respective accounts. However, we cannot avoid the fact that hackers these days are really driven when it comes to doing what they do best.

onrise

sr. member

Activity: 1512

Merit: 316

Quote from: tepakpak on July 05, 2018, 11:46:30 AM

We know if it is related to the internet it can be hacked, but all returned to the wallet security system. Maybe if given super security will not be hacked, but I can not guarantee 100%.

Some of the wallet scam are actually that has happened seems to be suspicious and possibly it was attacked by them self and then termed as hack to their wallet. So that they could easily get those thousand of btc stored of their customers and they become overnight billionaire and enjoy rest of their life.

katerinaliisa

jr. member

Activity: 378

Merit: 1

Quote from: vnck25 on May 31, 2018, 07:41:40 PM

I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?

Of course, they can be hacked, and there are many people who want to. The main thing is that your passwords are safe. Preferably on flash drives. And more important not to lose them))

Karmakid

sr. member

Activity: 742

Merit: 397

Quote from: vnck25 on May 31, 2018, 07:41:40 PM

I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?

No matter how advanced our technology is, we can't still deny the fact that cryptocurrency wallets are also hackable. Hackers and scammes these days are to smart to do their business and they focus on stealing the earnings of other people which I find so risky so we must always secure our earnings.

tepakpak

newbie

Activity: 266

Merit: 0

We know if it is related to the internet it can be hacked, but all returned to the wallet security system. Maybe if given super security will not be hacked, but I can not guarantee 100%.

soltantgris

hero member

Activity: 741

Merit: 500

Yes, of course the bitcoin wallet can be hacked. But for this you need to know the minimum information about the user. For hacking, you may need information such as last name and first name, and information about the phone number.

HiringYou

sr. member

Activity: 574

Merit: 256

A private key is required to acces all the crypto currency wallets which is only known by the owner of that wallet.If someone gets to know about that key then these wallets can easily be hacked. It can happen when the owner by mistake shares his key with someone or while participating in an ICO or airdrop he by mistake enter private key instead of adress. Some of the fishing sites are also there.By fishing sites I mean that the sites which look similar to the original one but are only made to get your wallet details.A user by mistake enters his key at those sites and due to which hackers get to know about their key and it become easy for them to hack the wallets.

yunzau

newbie

Activity: 119

Merit: 0

yes it can get hacked if you get a password from the wallet. although security is assured but it is not 100 percent therefore it needs an increase every time so there is no gap for hacking.

roadwell890

member

Activity: 490

Merit: 11

although some say it, but it's good we are always wary
because, hackers can just enter from any direction, then from that ,, heart is the most appropriate way
do not let your money fly into the wallets of these hackers

roxbit

member

Activity: 294

Merit: 10

Quote from: vnck25 on May 31, 2018, 07:41:40 PM

I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?

Yes, it can be hacked if you are not being careful with your important information. Avoid being phished, do not open a malicious emails because it might be something that will get you phised. Do not entertain unfamiliar websites that suddenly pop up in the computer screen because they contain uncertain data that will take your important information. Remember that hackers are equipped with the ways on how to take what they want to take from you.

Sama517

jr. member

Activity: 196

Merit: 1

The answer is a very big YES. They can be hacked through so many ways. One of the easiest way of hacking a cryptocurrency wallet is through a phishing site whereby you are tricked into inputing your keystore file or private key into a dummie website with the believe that you are on the actual website. It is also possible for someone to hack your account especially a close friend who knows your passwords history and can also access your wallet logins.

nabinkhadka

newbie

Activity: 168

Merit: 0

Cryptocurrency wallets are normally hacked by obtaining private keys or password by phising. and there are lots of incident when crypto currencies wallets were hacked. i strongly advice please never ever share your private key or password with anyone.

Pan Troglodytes

member

Activity: 392

Merit: 39

Quote from: vnck25 on May 31, 2018, 07:41:40 PM

I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?

Sure they can, if you use them on a computer that you do for everyday webbrowsing, there is no saying what malware you caught and whatnot. You should consider yourself exposed and keep only minimal amounts on such hot wallet, the amounts you are OK with losing any moment.

For any significant amounts of holdings, consider using cold wallets or hardware wallets.

jonatuzc

hero member

Activity: 854

Merit: 501

Quote from: vnck25 on May 31, 2018, 07:41:40 PM

I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?

You’re no longer a boob so you supposed to know that they do get hacked. Such has happened several times, I have heard about lots of exchanges that got hacked and most of their clients/customers lost their money, although they were asked to repay those that were affected but not every exchanger will agree to pay when such an occasion occurs. Coinbase has been working very hard in improving their security, I read so much about their improvement last year.

Topic: Cryptocurrency wallets: Can they be hacked?? - page 22. (Read 4112 times)