Hacking is the Big Problem - page 14.

melamiras

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Quote from: S.coastapps on January 27, 2018, 06:24:54 AM

Guys…

I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?

It's one of the ugliest things the hackers are ramping up and down on creating a scam so I'm getting lots of ethereum and Bitcoin. I hope that regulation solves this problem.

makngeerwork

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Quote from: kiloiko on February 15, 2018, 06:39:47 AM

Quote from: adzino on February 10, 2018, 01:20:36 AM

If you get hacked than its your own fault. If you play smart and don't do anything stupid, you can avoid getting hacked and lose your money.
Exchanges do/can get hacked. So that is why everyone recommends not to store your coins on an exchange for a long time. And also always choose a very trusted exchange when trading coins.

There is nobody who isn’t afraid of their wallet getting hacked. But one thing I have heard is that only those who are making use of an online wallet are in dangers of their wallets getting hacked, but if you’re using offline wallet that works offline on your device or a paper wallet, you wouldn’t have to be worried about hackers. But I believe that there are some good online wallets that are close-impossible to hack, and becomes like completely impossible to be hacked if you have 2fa set-up.

Hacking is the worse nightmare came to the wallet holder but it's really up to us on how we handle our very own wallet since we are the one who's entitled to hold it, and its our obligation to select on where to store it since theirs no totally safe whether you say you put it on hardware nor in online wallets since everything will be dependable to its owner.

kiloiko

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Quote from: adzino on February 10, 2018, 01:20:36 AM

If you get hacked than its your own fault. If you play smart and don't do anything stupid, you can avoid getting hacked and lose your money.
Exchanges do/can get hacked. So that is why everyone recommends not to store your coins on an exchange for a long time. And also always choose a very trusted exchange when trading coins.

There is nobody who isn’t afraid of their wallet getting hacked. But one thing I have heard is that only those who are making use of an online wallet are in dangers of their wallets getting hacked, but if you’re using offline wallet that works offline on your device or a paper wallet, you wouldn’t have to be worried about hackers. But I believe that there are some good online wallets that are close-impossible to hack, and becomes like completely impossible to be hacked if you have 2fa set-up.

BitcoinCommodor

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Quote from: DeadCoin on February 12, 2018, 03:10:34 PM

Quote from: 1BTC EQUALS 1CAR on February 12, 2018, 02:28:39 AM

Hacking should have a heavier punishment like life imprisonment when it's more than a million or death if it's billion. It's everyone's problem online so it should be taken action seriously.

Punishment can be given. But how will you find out the hacker? Its very hard to find them. Once hacked is hacked. I lost some bitcoin around .045 from my blockchain wallet. Though its very low, I tried to find out through few sources, but could not find the concern. I then changed my wallet to Coinbase. Now yes its safe enough with 2FA authentication. Better to keep either wallets are exchange sites so secured.

For me, I believe that hacking can in the be a problem when you’re careless with information about yourself. People shouldn’t give out information like their email or passwords online in a public chat or something, cause it’s likely that it might get stolen and used against them. Another thing is that you shouldn’t sign up for things you’re not sure of online, cause it might turn out to be a bad site that sells their subscribers information to third parties.

setupbounds

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Quote from: 1BTC EQUALS 1CAR on February 12, 2018, 02:28:39 AM

Hacking should have a heavier punishment like life imprisonment when it's more than a million or death if it's billion. It's everyone's problem online so it should be taken action seriously.

I believe there is a punishment for anyone that’s caught involved in hacking. Hacking is a really bad thing and can cause a lot of problem for people. Hackers now use it to make money by blackmailing people and through that, taking lots of money from them to not reveal their compromising information. Hacking can attract a punishment of 20 years in prison.

Md Saad

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Quote from: S.coastapps on January 27, 2018, 06:24:54 AM

Guys…

I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?

Since this platform s entirely dependent on the password and address so that it should be kept very carefully, We always be careful of this information against Hacking. If you lost your address then you might face a lot of financial problem in the meantime. That's why I also agree with you on this issue.

loraalbert

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Quote from: S.coastapps on January 27, 2018, 06:24:54 AM

Guys…

I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?

I think that the attraction from the cryptocurrency market when formed is always beset by online problems and hackers. This still happens in reality. To limit the problem of hacking. Everyone must take precautionary, careful and private measures with everything involved.

katrimans

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Quote from: Lanatsa on February 10, 2018, 02:34:26 AM

Quote from: adzino on February 10, 2018, 01:20:36 AM

If you get hacked than its your own fault. If you play smart and don't do anything stupid, you can avoid getting hacked and lose your money.
Exchanges do/can get hacked. So that is why everyone recommends not to store your coins on an exchange for a long time. And also always choose a very trusted exchange when trading coins.

Theres no such trusted exchange yet all of them do really have the possibilities on getting hacked.Theres no assurance anytime since anything on this online space do really have hackers which can penetrate security and this is why as a trader or investor we should think off on these possibilities and only store up few amounts of coins on various exchange. Better to be wary than sorry.

Hackers are almost everywhere and in the every corner of this world. You need keep yourself away from such kind of people and try your level best not to fall victim of such kind of people. If you get their prey somehow, you will be suffering a huge loss and for that you will regret for your whole life.

You need to learn the things which can help you in having enough knowledge which can help you in protecting yourself and to staying away from hackers.

ivrynx

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Since we live now in the digital age, almost everyone who knows how to use a computer can do hacking be it just a simple one or on a larve scale basis, however, those who really studied hacking are disciplined people, since hacking is not a bad thing, it is used in order to help programmers debugged or fix any programs that they think needs some improvement, however, thos are not inclined with the academia tend to use their knowledge in order to obtain easy money for them and have the good life. I do not see it being a problem, what we nust need to do is to improve our security and take risks, since everything is hackable noawadays, security is still the solution.

taufik123

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Quote from: kingragnar on February 14, 2018, 09:41:19 AM

There are many types of hacking one here that is called a fishing site so be careful of only those who enter sites without a secure address on the site you enter and then the most important to have a strong and unique password so that no one can guess easily and we also need to have a personal offline wallet that we do not use in trading

the offline wallet is like LEDGER and TREZOR? because if only have a very vulnerable online wallet and privatekey easily taken with the virus that goes into the computer. I am still quite careful because I still use online wallet like MEW. I have plans to move to an offline wallet

kingragnar

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There are many types of hacking one here that is called a fishing site so be careful of only those who enter sites without a secure address on the site you enter and then the most important to have a strong and unique password so that no one can guess easily and we also need to have a personal offline wallet that we do not use in trading

palle11

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Hacking is the reason I dislike the public wallet that you have on the web like the MEW wallet. To me, despite the security and protection, I don't seem to like it. I do prefer offline wallet. You and you alone except you lose your passwords Cry

alfs75

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Quote from: S.coastapps on January 27, 2018, 06:24:54 AM

Guys…

I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?

Actually,i heard some advice that if you want more secure or safe of your bitcoin asset,you must buy a ledger nano device,rather than put in some trading site,because we cannot guarrante that our capital will always be secure,because there so many anonymous hacker who want to hack some other trading site,even if that exchange have a strong defense wall in hacking system,because other happen of hacking or phishing is made of inside job ,just like happen in parity wallet.

geopolisch

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Quote from: Kevin77 on February 09, 2018, 10:00:43 AM

Quote from: atom2080 on February 04, 2018, 12:07:48 PM

Quote from: OmegaStarScream on January 27, 2018, 08:44:15 AM

You don't. Hacks target the exchanges wallet by finding exploits and not the user accounts separately. If you want your funds to be safe, use exchanges for trading only and withdraw to your personal wallet.

it makes me little scare sir, how about the wallet? it's still safe?, if you have any recomend ,what's good exchanges sir?

There is nothing like a good exchange. If you are holding for the long term, you can decide to go the cold storage way. If you do not have the cash for stuffs like ledger Nano, you can just generate a paper wallet and your public key is the only thing you need to always receive funds.

As long as you are not trading, never leave your funds in an exchange and even if you are trading, make sure your account security is sound enough.

One thing is to always make sure safety is paramount when it comes to cryptocurrency just like the OP stated. We cannot always avoid some of these things, but the earlier people started knowing how to stay secured, the better. Expert hackers or not, if you leave yourself vulnerable to an attack, you will definitely be a victim and the best is to always be on the lookout, most especially for any phishing links.

Hackers are everywhere and all the hackers which are there in this world are actually keep on trying their best in order to get access over the other’s account so that they can make some money out of it. This is seriously one of the greatest threat which almost all of us are afraid of and most of us have also fall victim of such kind of activities. The thing is it is only the knowledge about the things which can save us from such kind of things.

Bitcoinmoto

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Quote from: PETES on February 11, 2018, 01:12:26 AM

Absolutely true hacking is a big problem here in cryptocurrency world because of rapid growth of cryptocurrency hackers and scammers take advantage to the investors or holders of cryptos by hacking their accounts and collecting those cryptos or sometimes destroying their accounts.

Not that big problem this is simple thing, if you have a lot of care on your account, and your private key, you don't need to worry.
And also be careful on what you give an information in any site, because there possibility to hacked your account.

Freddie Aguiluz

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Quote from: S.coastapps on January 27, 2018, 06:24:54 AM

Guys…

I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?

As long as you have you coins, ang the conversion is at good price, converr it to fiat money already. So you won't worry about being hacked. Place it in a bank that has a good record, a bank that you can trust.

rickadone

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Quote from: Naveenrandy619 on February 10, 2018, 12:11:44 PM

Ya nowadays hackers want to hack the users who r having bitcoin acccount ..they will have their wallet address and withdraw their coins...

Yes, we already know that. However, ask most of the people who are getting hacked their password, either they make use of 2FA; whether they utilize every option available to secure their funds and whether they check every link they click before clicking them. We are the ones sometimes who really end up making a huge mistake while blaming everyone and even blockchain technology for losing funds as I have seen people like that before. At this day and age, how can someone still be using abcd1234 as password?

bitbunnny

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Vulnerabilities will always exist, you can't escape them but you can mitigate the risk. Like not to keep your coins on exchanges.
Hackers are persistant, they are looking for money and will do anything they can to get it. You can't make exchangers more safe, that is their duty, but you can protect yourself. Exchanges are not wall, don't forget that.

cryptocurrencyguru

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Quote from: damrianto on January 27, 2018, 09:31:35 AM

hack is not a good way for you to get the funds. this is one way to destroy your wallet ..
for the security you can exchange and trade token and you can save in your personal wallet this is a safe way to trade.

Agree with you, i also think hack is not a good way for get the fund. It is also destroy our wallet. A hacker can destroy one's wallet. It is not good for us. I hate hacking system. It is not good way to earn huge amount of money.

Exchanges are following securities but these will wait for which wallets to be hacked, now a days it is very easy for the hacker to hack the wallets.

This makes more people too afraid of the funds they held in the exchange wallet, most of the people are transferring their token to their concerned wallets after purchases.

badykvik

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I also go in line with Omega and Ebcoin submission on this. But may I add that even personal wallets must be kept safe from Hackers with cautions at the same time. You may not say, somebody somewhere might be closely watching you to get you scammed. You may avoid public places like Hotels and Parks free Wifi. Again, allowing an untrusted fellow making use of your PCs for example may be vulnerable and detrimental. Be wise.

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