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Topic: Hacking is the Big Problem - page 17. (Read 2489 times)

sr. member
Activity: 1914
Merit: 328
February 06, 2018, 04:15:20 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?
hecker very difficult to be combated so many victims who lost their money, in my opinion better save money in our personal wallet if not in use again in stock market.
With the advancement in technology, things have been changed quite rapidly. There are hackers and scammers around us and we really need to be very much careful while making any kind of transaction especially when it comes to that of crypto currencies. There are chances that our money can be compromised but we need to take precautionary measure in order to get things in our favor.
sr. member
Activity: 322
Merit: 250
February 05, 2018, 05:07:14 AM
Many people scared about the hacking because exchanges need to be secured because otherwise we will be in loss. That's many new people are afraid to invest into crypto because of these hacking.

but I am sure that every exchange will do their best to secure their site so their member could feel safe while they do trade on that site. I think as long as we can secure our account and follow the instruction from the site, we don't have to worry about hacking and we can do trade with safe too. but I realize that there is no guarantee for every exchange can feel secure because there will be a hole for the hacker to penetrate the site and take the members money.

Yes sure they are but still their are some series of huge exchanger's site hacking event where many people got compromise, And I can't still trust them up eventhough they can be called big ones since they might gonna do an inside job and stole the money of their depositors.
jr. member
Activity: 73
Merit: 1
The revolutionary trading ecosystem
February 05, 2018, 04:21:05 AM
Making money by hacking is a very bad thing because the good man has many problems. Myethear wallet has been hacked a few days ago. Man's money, bank account is not safe.
full member
Activity: 504
Merit: 105
February 05, 2018, 03:15:52 AM
The cryptocurrency market is currently a huge target for hackers trying to enter the crypto market. I recently learned that highly trained hackers from the North Korean government are making intrusions to take away the assets of the cryptocurrency market. This is very dangerous because the coin is anonymous so when lost, there is no basis to get it back. Always be careful with your possessions, remember to keep the private key of the wallet carefully.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
February 04, 2018, 10:49:09 PM
Many people scared about the hacking because exchanges need to be secured because otherwise we will be in loss. That's many new people are afraid to invest into crypto because of these hacking.

but I am sure that every exchange will do their best to secure their site so their member could feel safe while they do trade on that site. I think as long as we can secure our account and follow the instruction from the site, we don't have to worry about hacking and we can do trade with safe too. but I realize that there is no guarantee for every exchange can feel secure because there will be a hole for the hacker to penetrate the site and take the members money.
sr. member
Activity: 1540
Merit: 255
February 04, 2018, 10:29:31 PM
Many people scared about the hacking because exchanges need to be secured because otherwise we will be in loss. That's many new people are afraid to invest into crypto because of these hacking.
sr. member
Activity: 994
Merit: 252
February 04, 2018, 02:08:46 PM
This is a really big issue when it comes to online currencies. Every process is a risks and online hacking is not easily tracked even by the government. You must be careful on what you're going to do online especially when filing information online and even downloading stuffs. Anyone you can be possibly monitored and can be used for hackings.
So,  someone gets into Bitcoin,  feeling they are safe and not knowing that it is even worst than having cash. That’s why I do say they are all the same,  whether you’re using Bitcoin or cash,  there are risks involved in both. Anyone who’s making use of Bitcoin has to be careful. Despite all that’s happening, I believe there are safe wallets out thee that can’t be hacked easily, but there is no need to mention.
Whenever there is a loop hole in the security, the hackers jumps in and take advantage out of that  loop hole. The thing is that people keep checking the value of their wallet and login again and again, by this they are actually weakening the security of their login system, Also a lot of people do the transactions from their cell phones and discuss it with others as well, so I think these things should be curbed by the users just to avoid any hacking attack.
member
Activity: 126
Merit: 16
February 04, 2018, 12:13:02 PM
I'm scared of hacking, what is the best thing to prevent to hack my account? Nowadays hacking is the big problem of different sites mostly people. Hackers are very inteligent when it comes to computer, if your security is not tight they can hack your account in a seconds. Mostly those earning too much. Don't be too confident or comfortable that they don't have interest in bitcoins because as far as I know this is online site where in the income is too high ,hackers can target your account instantly. Try to tight your security in always changing your password that is not easy to locate by computer.
newbie
Activity: 252
Merit: 0
February 04, 2018, 12:07:48 PM
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?
sr. member
Activity: 630
Merit: 250
February 04, 2018, 11:11:51 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?
Right! We all do not want hacking. We are afraid of that. You can get stolen passwords, wallet can even take large sums. To avoid hacking attacks is not easy either. Because hacking is usually better than us.
legendary
Activity: 1512
Merit: 1041
February 04, 2018, 10:58:28 AM
This is a really big issue when it comes to online currencies. Every process is a risks and online hacking is not easily tracked even by the government. You must be careful on what you're going to do online especially when filing information online and even downloading stuffs. Anyone you can be possibly monitored and can be used for hackings.
So,  someone gets into Bitcoin,  feeling they are safe and not knowing that it is even worst than having cash. That’s why I do say they are all the same,  whether you’re using Bitcoin or cash,  there are risks involved in both. Anyone who’s making use of Bitcoin has to be careful. Despite all that’s happening, I believe there are safe wallets out thee that can’t be hacked easily, but there is no need to mention.
newbie
Activity: 255
Merit: 0
February 04, 2018, 07:55:51 AM
Hacking is the biggest problem faced even before bitcoins have existed and became popular. They hacked bank accounts, now bitcoins. They can exploit weakness in the systems used to communicate with any website. So no matter how strong passwords are if they know what you are typing then it will be useless. So its never safe. It's now up to us to be careful with clicking links.
Yes but only expert hackers can do this because it is not easy to get bitcoin from all investors if they will use wallets for bitcoin well if we talk about bank then yes it is not hard to hack the banking system because it is about computer access but in bitcoin it is hard because of bitcoin wallet. Now in markets there are a lot of wallets that works even when we are not online, paper wallets are also there to make bitcoin risk free.
newbie
Activity: 196
Merit: 0
February 03, 2018, 09:43:17 PM
because I am new in the world of crypto hopefully all this problem can be given way out because my anxiety
hero member
Activity: 766
Merit: 501
BUY BITCOIN WITH PAYPAL AND CREDIT CARDS
February 03, 2018, 04:05:04 PM
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?

this is one of the main reasons many of us recommend to not put the most of your money on exchanges. The safest way to keep your money is into your own wallet, where you have full control. Otherwise you are at the mercy of similar events.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 03, 2018, 03:46:33 PM
#99
Hacking is the biggest problem faced even before bitcoins have existed and became popular. They hacked bank accounts, now bitcoins. They can exploit weakness in the systems used to communicate with any website. So no matter how strong passwords are if they know what you are typing then it will be useless. So its never safe. It's now up to us to be careful with clicking links.
But hacking is even worse in bitcoin, in banking you can get your money back, it is a hassle but it can be done, but in bitcoin and cryptocurrencies in general once that money is outside your wallet there is nothing that can be done to get that money back this is why hackers are turning their attention to bitcoin since they know not only they will keep the funds but it is likely they are going to get away with it.
jr. member
Activity: 168
Merit: 5
Now You Can Be The Bookmaker!
February 03, 2018, 09:12:56 AM
#98
Hacking is the biggest problem faced even before bitcoins have existed and became popular. They hacked bank accounts, now bitcoins. They can exploit weakness in the systems used to communicate with any website. So no matter how strong passwords are if they know what you are typing then it will be useless. So its never safe. It's now up to us to be careful with clicking links.
legendary
Activity: 1652
Merit: 1057
February 03, 2018, 02:25:15 AM
#97
If the computers are poorly managed, they are vulnerable to attacks even by amateur hackers. As the technology advances, hackers are also become more high tech and sophisticated, and they are hard to control unless stronger measures is pursued against them.
There are some effective to avoid being hacked by strengthening your passwords, fortifying your devices with 2fa and always look out for any malicious links or activities like phising sites.
Hacking is actually one of the biggest threat not only to the ones who are there in the world of digital currencies but also to the ones who are there on the internet one way or the other. The only thing which can keep you secure from hackers is to keep your systems up to date. Do not leave your systems open for everyone to use and try to study well before doing any kind of thing on internet.

I am using 2 computers. One for my usual activities and another one specially meant for wallets and crypto staking related. I do access web wallets from that computer alone. Also I am running latest antivirus.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 02, 2018, 02:55:52 PM
#96
Hacking and robbery are the big problem to solve in the future regarding crypto. The recent news about robberies are alarmimg. If we think that each person with crypto is a bank with legs, than the robbery market increased a lot, because today is no longer need to rob a bank, better know who owns crypto and steal that person, less dangerous and risky to thiefs and equally if not more profitable.

If you refer to the latest articles, then it's obviously the stupidity of people feeling the need to brag about their crypto holdings that puts them in such situations. People are not willing to talk about their fiat wealth, and find it even rude if someone is asking how much they have on their bank account, but when it comes to crypto, they are all open about it. Some are even so stupid, that they mention how much they have made in the last years on social media platforms as Facebook, where in their picture gallery there are pictures of their house, family, location-tied posts, etc. If you are looking for problems, then this is definitely the path to follow. How hard is to keep your mouth SHUT?! Roll Eyes
Apparently it is very hard to keep your mouth shut, in my country we call that the new rich syndrome, someone wins the lottery or inherits a lot of money and suddenly they cannot stop talking about it and they share this with anyone even if they did not asked, someone that has been rich for a while just takes for granted his condition and does not need to brag about it so we must follow their example.
newbie
Activity: 52
Merit: 0
February 02, 2018, 01:40:23 PM
#95
Hacking may possible if you are not keeping your account in a safe wallet. There are so many links and websites that are pretending to be real one. We must be very careful to the links that keeps on appearing in our email or in screen monitor because that's their first way to gather informations if we click it. Better ignore or delete it and stay focus on what have you started.
hero member
Activity: 714
Merit: 531
February 02, 2018, 09:00:16 AM
#94
Using exchange for saving money is not recommended you should fund your exchange account the amount that you can afford to lose and use the exchange for trading not for keeping money for long period of time. For me if you want to keep your fund safe just transfer your fund in hardware wallet which you are the only one can access that wallet.
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