Hacking is the Big Problem - page 2.

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Quote from: btcdiggingmaster on April 14, 2018, 05:49:14 AM

Quote from: ?? on ??

Keep your funds in your personal wallet and not on an exchange, except while trading.
And it us advisable to stick to decentralized systems, where you own your private keys.

Exactly it is always good to have private keys for storing them in our personal wallet, otherwise, always looks to steal the coin which is not secured. So we have to be very careful when dealing with the exchange in order to protect yourself by safeguarding your coins.

Yeah bitcoin wallet private key is the most important thing in bitcoin world after using bitcoin as your investment you will have to take care of your private key, don’t share it with anyone if you will keep it safe then you will surely reduce the chance for hacking, there are a lot of wallets for bitcoin which keep pour bitcoin safe from hacking. I use the best ever wallet blockchain for saving bitcoin, I hold my bitcoin and I am sure it will never get hack, I can save it as long as I want, my future will shine with my bitcoin earning.

iv4n

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Quote from: MidKnight on April 15, 2018, 03:59:55 AM

Yes, for an individual but for an exchange or trading site it is not. Hacking can only be a problem if you have no knowledge about security. Just look at banks that also operates digital transaction but the hack is only between the users and not inside the bank itself.

But if you get into the bank and use their computer you can hack them, very system have a flaw and almost every system can be hacked, one way or another.
But why to worry about it, if you ate afraid then don't keep your money there, use some offline wallet and you will be safe from hacking, buy if someone point a gun into your face you will be forced to give him your offline wallet, that is the some kind of hack too.
Don't live in fear from bad things, they can happen to anyone anytime, there are ways to protect yourself until si point, use that, be smart and avoid traps and you will be fine. Even if something bad happens don't fall into despair, learn from mistakes and keep your head up.

MidKnight

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Yes, for an individual but for an exchange or trading site it is not. Hacking can only be a problem if you have no knowledge about security. Just look at banks that also operates digital transaction but the hack is only between the users and not inside the bank itself.

btcdiggingmaster

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Quote from: ?? on ??

Keep your funds in your personal wallet and not on an exchange, except while trading.
And it us advisable to stick to decentralized systems, where you own your private keys.

Exactly it is always good to have private keys for storing them in our personal wallet, otherwise, always looks to steal the coin which is not secured. So we have to be very careful when dealing with the exchange in order to protect yourself by safeguarding your coins.

JonathanHalmas

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hacking and hackers is a big problem of anyone, of any government and any exchange or wallet that are online based.
Even before that there are no crypto yet, there are hackers all around the world and they are a big problem for people.
Now that currency online is a big factor in the community, hackers now are being a worse problem

Lora_ng15

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to sozheleniyu any lock can be hacked, what would you do and how would not try to have a chance that you will be robbed Sad

surbanaB

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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.

To speak frankly, hackers is considerbly dangerous, their skill is very flexible and quick. When they have aim to get your wallet, it’s hard for you to keep your wallet. If you can get away from hacker, you must be good in IT. This is the trouble which makes many users get panic about their account. To keep away from hacker, you can put the crypto on cold storage and tight it at secure location. In addition, you have to keep your crypto on exchanges for active trading only. In anyway, In this crypto market, you have to prepare for the loss ,this market is absolutely risky.

Cloak1

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Cryptocurrency exchanges are for exchanging coins, not storing them for a longer period of time. To keep in mind, don’t leave your money in an exchange for a long time. Once you buy cryptocurrency in the exchange, just immediately keep it in your personal wallet. The most important thing is keep control on your private key, never give your private keys to anybody.

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Quote from: ?? on ??

Keep your funds in your personal wallet and not on an exchange, except while trading.
And it us advisable to stick to decentralized systems, where you own your private keys.

No one can harm you in anyway until and unless you yourself give them a chance of taking away your money as well as all your details which can then help them in snatching away your money from you. You need to be sure that you are dealing with the right person and that no one other than you know anything regarding any of your important credentials which he can then use to hack your wallet.

josh07

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it is true that this is really the number one problem of hackers users because of the people who are rich and thieves who are the problem because in a moment they will lose all your hard work so all the hackers in the world can become karma and suffer for life.

gurang

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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?

yes, we know that hacking someone's account is such a big problem because they can get and should be and they tend to benefit from it like your acc in bitcoin if it is that they're hacking it's very sad because it's one that will help you and will be able to lift you. so keep safe your account.

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Quote from: ?? on ??

Keep your funds in your personal wallet and not on an exchange, except while trading.
And it us advisable to stick to decentralized systems, where you own your private keys.

Yes it’s good to keep your funds in your wallet than keeping it in exchangers, but don’t you think that even personal wallets can also be hacked? I have seen wallet providers complain about their security being breached. So no place is 100% safe (unless, maybe offline wallets can be safe from hacking) there are some security measures you have to maintain if you don’t want to have your wallet hacked by these monsters.

Quote from: InvestICO2L on April 07, 2018, 09:32:11 AM

We can't ensure that our money is safe on exchange sites. If you're have knowledge about security then you can withdraw all your token in exchange site to private wallet but this also can ensure that your money will quite safe. The best we should use the big exchange site like Binnace, Bittrex, as far as i know they are two site which have Security team extremely good and still haven't been hacked.

Hmmm, you’re right in a way– cause keeping your cryptocurrency in exchangers is kind of a risk. You should only have them in exchange whenever you want to trade with it, apart from that, you should have it stored in your personal wallet. But even if you have them stored in your personal wallet, you still have to be careful and avoid things like opening mails from an unknown sender.

InvestICO2L

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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?

We can't ensure that our money is safe on exchange sites. If you're have knowledge about security then you can withdraw all your token in exchange site to private wallet but this also can ensure that your money will quite safe. The best we should use the big exchange site like Binnace, Bittrex, as far as i know they are two site which have Security team extremely good and still haven't been hacked.

Mahanton

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Quote from: serjent05 on April 06, 2018, 03:06:18 AM

Quote from: Jdavid05 on April 06, 2018, 02:41:08 AM

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?

When I am using exchanges I do withdraw early on my wallet address so the coin will be safe and not be hacked there are many ways that can protrct your money on exchanges like just trade your coin on trusted/safe exchanges.

I also do this but there are times that I have to trade a certain coin and there is a target price, so I have no choice but to leave the coins there and wait till my buy or sell order is filled. hacking is really a huge problem but I believe trading platform especially those huge exchange are well aware of this stuff. So I guess they will do the best they can to block all kind of hacking attempt to their site.

We cant avoid to get worried on hacking incident since we have seen in the past on happenings on where even good exchanges are being hacked.I do only store only few coins in exchange wallet even i do actively sent them into cold storages and paying up fees and it doesnt matter as long i do know that my coins are safe. Nothing on this online world that cant really be hacked even how good their security is, the risk is always there the important thing here is that we should really be aware anytime into our actions.

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Quote from: Jdavid05 on April 06, 2018, 02:41:08 AM

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?

When I am using exchanges I do withdraw early on my wallet address so the coin will be safe and not be hacked there are many ways that can protrct your money on exchanges like just trade your coin on trusted/safe exchanges.

I also do this but there are times that I have to trade a certain coin and there is a target price, so I have no choice but to leave the coins there and wait till my buy or sell order is filled. hacking is really a huge problem but I believe trading platform especially those huge exchange are well aware of this stuff. So I guess they will do the best they can to block all kind of hacking attempt to their site.

Jdavid05

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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?

When I am using exchanges I do withdraw early on my wallet address so the coin will be safe and not be hacked there are many ways that can protrct your money on exchanges like just trade your coin on trusted/safe exchanges.

whandut93

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I know that many people say, you shouldn’t leave money on the exchange (I put my NEO in my NEON wallet), but still, have a bit on the exchange. In one of the videos of I saw he had over 20 000 USD on the exchange.

Of course, it is recommended to remove it, but how realistic is it that it gets lost? Did anyone here have any experience with losing it while it was on the exchange?

If you’re planning on doing some day trading with those coins then leave them there. If you’re planning on holding them long term get them out. You don’t own your coins if you don’t control the private keys. I never lost money because I just started like a week ago but I’m going to try not to keep more than 5k on it. I believe most of these places have insurance but only covers if something happens on their back end. It does not cover if your specific account if it is compromised.

katiecbell

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Quote from: rockerzofIco on April 02, 2018, 10:14:51 AM

The CloudFish CASB uses a proprietary algorithm to store and manage users’ encryption keys using block chain technology. Unlike the traditional CASB products available in the market that stores users’ private encryption keys on a single server, the CloudFish CASB splits the users’ keys into fragments and stores it in blockchain. This makes it virtually impossible for a hacker to steal users’ private keys and the digital assets protected through those keys. CloudFish uses a proprietary algorithm to dynamically construct and store users’ keys in the blockchain. The reconstruction and validation mechanism implemented by CloudFish for users’ encryption keys is very similar to the way blockchain validates your cryptocurrency transactions. The use of blockchain for security keys validation makes it not only impossible to steal but also makes it easy for the user to access it anytime from any platform……means you don’t have to worry what happens to my crypto wallet if my laptop is stolen or lost or if the wallet company’s server gets hacked.

Please check out our web site for details about the key innovation we are bringing to the cloud security industry
www.cloud-fish.io

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Hacking is no doubt one of the most serious issue which almost all of us are facing and that most of us have already been victim of this thing. You need to work out properly to keep yourself safe as if you will not do so, then things will become very much difficult for you as well and that you may also get into the trap of the hackers. You need to be sure that you are taking the right step.

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Quote from: Btc_1856 on March 28, 2018, 12:39:33 AM

Quote from: pthnmj on March 25, 2018, 02:10:46 AM

Hacking is one of the major problems in the cryptocurrencies. Once you lose your bitcoin you lost it, there is no mechanism to recover stolen or lost Bitcoins. The best way to store your Bitcoins is on disk that is disconnected from the internet.

You are right! we have to store the Bitcoin in an offline wallet in order to protect ourselves, now a days most of the people are protecting and finding possible ways to store their Bitcoin in a secret wallet.

Exactly, hacker are everywhere, It is a big problem but we have a solution of it. I also see people using different ways to save their bitcoins and best way is to use hard wallet and store you money of crypto in it. But i think we never save our coins for a long time, we buy it and sell it when we have a profit. Time to time sell the coins it is also save way.

Robert543

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I think for so on will be more and more hackers who're continuesly trying to take a money from our wallet and not just in the exchanger only I guess.

Topic: Hacking is the Big Problem - page 2. (Read 2493 times)