Topic: IOTA - Thousands of Wallets Compromised and Funds Stolen - page 5. (Read 2618 times)

I cant believe the marketcap is still so high

No, that is not correct! You should rather store your coins in a wallet of which you own the private key (seed)! On Bitfinex you do NOT have a private key.
If Bitfinex gets hacked or refuses to transfer your coins to your wallet, then your coins are lost! Just because the OP has no idea what he's talking about does not mean you should believe him.
He left the creation of his private key (seed) to a third person. Now, the OP wonders that someone else had access to his wallet.


You should be ashamed to give such advice! Either you know very well that coins should NOT be stored for a long time on an exchange or you really have no idea, as previously stated.
Anyway, it is not right to store your coins at an exchange. Why you should not do it, I explained above.

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I would like to reiterate that I do not own IOTA coins, but I do not like people who were irresponsible and relied on a seed generator that is not IOTA-owned.
In addition, the OP brings others in danger of losing their coins and deliberately gives others wrong advice. This is very irresponsible and childish from the OP!  

It may be. But they also would have to use their own seed generators as IOTA itself is missing that substantial functionality.

So maybe holding IOTA on bitfinex is safer then in the wallet?

In this case it did not help as the seed, that's how they call their private key, was generated online by malicious sites they promoted in their forum, as their own client did not have the functionality to create such. And there was no authorization like a password built in at all. I wrote that already, major design flaw in IOTA.

Always try to keep your sensitive data privately like storing in cold wallets like use paper wallets and hardware wallets instead of keeping private key in your device like computers and mobile and that will lead steal your key easily by hackers.

Try to use chrome extension like cryptonite which is recently becoming popular and which will detect the phishing websites and keep us in safe

For all that got funds stolen, please use the following to report the details:

https://iotawalletloss.claims/

Reference: https://forum.helloiota.com/9284/Call-to-action-lets-catch-the-thief

That is what happen when developers publish not enough tested wallets.
Most important part of any project is the team. If they are not sure what they are doing will make lots of mistakes. And will risk your founds. I suggest everyone to first always look at who are developers and what they did so far.

Hi
my iota wallet also got hacked and i just found out. I read that many people are at least able to see where their IOTAs went.
My wallet is completely clean, i have 0 balance and also no transactions. I know its silly but i am still hoping for a sync issue.
Can anyone please tell me if they also had zero transactions after the hack?
THX

Thanks God, my IOTA coins were not touched by hackers. This awful news again reminded us that we should better use paper wallets. This video tells us about how to avoid the situation when you are hacked: https://www.youtube.com/watch?v=5IUh8Em_x20

I can not find anything funny with millions of dollars stolen.

you are funny!

32 pages of reported stolen balances and the list keeps growing.

If you just found out, please report it here as well, although chances to get anything back are tiny.

https://forum.helloiota.com/9284/Call-to-action-lets-catch-the-thief

Noobs coming in, LOL. Sure, I did invent the whole story to talk that fantastic coin, that was subject to multiple issues in its short past, bad.

Reality is, it is not a complete disaster, it does not use a private key without any authorization to login, and people did not get their balances stolen, because they trusted an online seed generator, that was promoted in the IOTA forums.

Go figure, its all just a product of my imagination 

Nothing to see here, just a cuckster who got rekt a thousand ways due to his own idiocy

DYOR and for the time being if you do have IOTA don't use an online seed generator.

No OP is a biased moron who spreads lies about coins he dislikes or sees as a threat to his own investments, no evidence presented what so ever so far of what he claims

Yes, I will continue to try educating you. I didn't lose hope

If you would research enough you would see that only a few new people to cryptos got robbed. That happened with bitcoin in the past too. The difference with people who got their bitcoins stolen is that they learned from their mistakes.


I will inform you if they get stolen but since my start in cryptos in 2013 not a single coin got stolen from my wallets... I'm just very careful and paranoid if it's about my private keys.

Since I'm talking with you i think I found out what type of guy you are... In the past you thought cryptos are not worth to invest in because the market is to volatile. After the hype of bitcoin in September 2017 you wanted to make big money and decided to step into cryptos. At this time bitcoin was already to expensive for you, so you thought to buy IOTA because it was still cheap. Unfortunately you didn't research how to securely operate a wallet and by accident you gave your private key to a third party who now stole your coins.

Now you are extremely pissed because you lost your money (I can really understand that and it is a shame that there are so many scammers in the crypto szene). I can also understand that people always try to find someone they can blame for their own mistakes. However what I don't like is, that you are giving misleading information over and over again in this thread.

It's ok, you can continue to talk rubbish every day. I did not design IOTA and I did not make a private key the way to log into it.

Consider yourself lucky if you still did not get robbed. It may happen.

Another day, another unqualified comments from you The only flaw are the people who give away their private key to others.

I think other people also see what you are trying: Negative promo for IOTA because you were naive by using the online seed generator. By this move you gave the criminals full access to your wallet. This can happen to your bitcoin as well, so better learn from it and secure your stuff as quick as possible.