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Topic: Is hardware wallet can be hacked? (Read 549 times)

member
Activity: 434
Merit: 13
June 30, 2018, 12:10:50 PM
#78
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?
I think if you use a software storage wallet. You must have a private key. if you have a private key, no one can hack it.
legendary
Activity: 1624
Merit: 2481
June 29, 2018, 10:11:02 AM
#77
As much as I know ther is no possiblity of hardware wallet being hacked as you need to deal with a physical device here.

Just because you are dealing with a physical device, this does not mean it is unhackable.
New vulnerabilities can always be found and exploited. Nothing is guaranteed to be 100% safe and secure.

A vulnerability inside the ledger architecture has been found which allowed an attacker to replace the firmware with a malicous version.
This has been fixed. And it could not lead to via the internet. Physical access prior someone using the nano s is necessary for this attack.



I think the biggest vulnerablilty for hard wallets was the connectivity requirements to smartphones.

Hardware wallets are not required to be connected to smartphones (some allow you to pair them with a mobile wallet).
And even if they would require such a connection, this would not pose any security threat. This is simply due to the fact that the private keys are generated and stored inside the hardware wallet.
They won't ever leave the device. Transactions are being sent from the mobile to the hardware wallet (an attacker might be able to insert a malicious TX here), then signed on the device after approving it via pressing the physical buttons. If you are checking the transaction on the nano s screen and only approve correct transactions, there is no other way of stealing coins in such a scenario.
newbie
Activity: 15
Merit: 0
June 29, 2018, 01:52:43 AM
#76
I think the biggest vulnerablilty for hard wallets was the connectivity requirements to smartphones. I think the one-time password is a great way to support security for that.
member
Activity: 294
Merit: 10
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June 28, 2018, 09:56:50 PM
#75
The safest one is to use paperwallet, but of course it can only be kept there if there is a long-term storage purpose. Hardware wallets are also pretty safe by the way, never heard the news of hacking, but remember, nothing is guaranteed 100%.
hero member
Activity: 896
Merit: 520
June 27, 2018, 02:09:10 PM
#74
If able to have control over the bitcoin you holded in your wallet means finally that will be safer side for long time mate. It will normal for any kind of wallet, none of provider have access to your wallet. Only exchange wallet only have the access over your private key.
Personally I do not believe the whales who saying that their site has been hacked bro. There is much possiblities that to see they itself loot our money. For hardware wallet you can believe it. There would not be any problem with it.
legendary
Activity: 3094
Merit: 1127
June 27, 2018, 09:25:01 AM
#73
Firstly I think there is no way to hacked hardware wallet. On the other hand, I also think it could be. About the software, there is no perfect security system. Hardware wallets cannot be hacked if it never been connected to a device that is connected to the internet but can be hacked if someone has physically accessed the hardware. So we have to be careful in keeping our hardware Wallet.
To date, a hardware wallet is considered a safe storage of your savings, but this can change at any time in the future. Technologies are developing, including criminal ones too. Therefore, you must pay great attention to the security of your storage. And do not keep all the savings in one place
Technology do evolve but hacking a hardware wallet remotely would really be an impossible thing to do.We do know on how hardware wallet works when it comes to storage and into its own key. The only way that it can be hacked if keys would be exposed public or when its already involved with some malware but talking about exploits or whatsoever for now its still unhackable.
legendary
Activity: 2268
Merit: 18588
June 27, 2018, 01:25:48 AM
#72
As much as I know ther is no possiblity of hardware wallet being hacked as you need to deal with a physical device here. Fo this I prefer hardware wallet the most and it provides you with the maximum security.   

Your hardware wallet is only as secure as your method of storing your seed phrase, or if you are careless with revealing your PIN in public.

There is no such thing as "unhackable".
newbie
Activity: 62
Merit: 0
June 25, 2018, 06:27:37 AM
#71
Today, hardware wallet are the most secure type. But when technology changes day by day, hardware wallet can be hacked easily. So do not put all in one place
newbie
Activity: 48
Merit: 0
June 20, 2018, 06:03:53 AM
#70
I'm pretty sure, anyone can hack it if the axe is sharp enough.
newbie
Activity: 196
Merit: 0
June 20, 2018, 05:33:05 AM
#69
Firstly I think there is no way to hacked hardware wallet. On the other hand, I also think it could be. About the software, there is no perfect security system. Hardware wallets cannot be hacked if it never been connected to a device that is connected to the internet but can be hacked if someone has physically accessed the hardware. So we have to be careful in keeping our hardware Wallet.
To date, a hardware wallet is considered a safe storage of your savings, but this can change at any time in the future. Technologies are developing, including criminal ones too. Therefore, you must pay great attention to the security of your storage. And do not keep all the savings in one place
full member
Activity: 346
Merit: 100
June 19, 2018, 11:34:16 PM
#68
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?

Nowadays, a lot of people are offering amazing, secured, reliable and other so called adjectives that can attract people and use their very own electronic wallet or e-wallet. In the other hand, a lot of people are amazingly unsecuring this e-wallet that may be due to scam and other malicious welfare they could create. So I guess even if it is hardware or/and you think you are secured enough you still have to take care of what you gain.
newbie
Activity: 294
Merit: 0
June 14, 2018, 05:46:31 PM
#67
Most of the hardware wallets gain maximum security by saving private key and by signing Bitcoin transactions offline, so if anyone tries to hack a hardware wallet remotely cannot do it. Theyy also use a second screen to verify every action of the wallet like signing into a transaction. So a hacker requires access to the physical device connected to the computer thus it becomes impossible to hack it.
newbie
Activity: 280
Merit: 0
June 14, 2018, 05:29:16 PM
#66
I think yes, It is not possible to beat the hardware wallet. Since it always stays offline, so hackers are unable to enter the gate of hacking it.
HCP
legendary
Activity: 2086
Merit: 4316
June 11, 2018, 06:17:43 AM
#65
He didn't "hack into ledger nano S".

What he did was modify the firmware in such a way as to make it possible to load a custom firmware onto the device while the device still believed it to be an official firmware. By doing this he was able to load a firmware that would generate a known seed... however, it was still not possible to actually extract the existing seed or private keys from a device that was already initialised.
member
Activity: 378
Merit: 35
June 11, 2018, 05:29:46 AM
#64
There were some news this year that 15 years old teenager have hacked into Ledger nano S. So if you will loose your hardware wallet maybe (but doubtfully) some genius teenager hacker can hack it... Nevertheless, all these hardware wallets are well protected tools, so better not to forget passwords....
newbie
Activity: 238
Merit: 0
June 10, 2018, 05:08:32 AM
#63
No, the hackers cannot hack the hardware wallet. The hardware wallets act offline. So, there is minimum chance of it getting hacked.
newbie
Activity: 132
Merit: 0
June 08, 2018, 09:12:52 PM
#62
I don't think so that hardware wallet can be hacked because i personally use ledger nano s and it has a screen on device which means when u are sending money it shows the address on screen which cannot be changed so u can verify it before sending that is it correct or not and moreover your private key is offline so its impossible to hack your coins from the device.
full member
Activity: 826
Merit: 111
June 08, 2018, 02:56:28 PM
#61
Hardware wallet are the safe and secure wallet. The most trustable wallet with safe and secure options. Because of the private key hardware wallets are very safe. So hacking these type of wallet is not so easy. Some of the hardware wallets such as ledger nano s. This is one of the best wallet with all safe and secure features.
full member
Activity: 266
Merit: 100
June 08, 2018, 10:41:41 AM
#60
I think the hardware wallet's ID hacking is no t an easy thing to do. bitcoin wallet many ways overcome it like a password with the verification  cide of the phone number. It is very powerful that there is no chance of hacking. This is not an Internet connection that is safe from your Bitcoin moneybag.
legendary
Activity: 1624
Merit: 2481
June 08, 2018, 05:02:16 AM
#59
Ledger Nano is a smartcard-based hardware wallet. A private key is created and signed offline in a smartcard secure environment.

The ledger nano (HW.1) was based on a smartcard (ST23YT66) with USB support.
However, it is not being maintained or (officially) sold anymore.

Their maintained product, the ledger nano s, is based on the ST31H320 Secure element, which does differ entirely from the HW.1 architecture.
This secure element doesn't even support USB/Displays. Thats the reason ledger uses a second microcontroller (STM32F042K6).
This was the attack surface used by Saleem Rashid when finding a vulnerability in their architecture.
legendary
Activity: 1512
Merit: 1010
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June 08, 2018, 01:34:00 AM
#58
I dont think there was even one instance of hardware wallet getting hacked remotely. To pass a trezor transaction, you need to check the address of the receiver on trezor screen and confirm it. So its impossible with the technology there is right now to hack it remotely.
newbie
Activity: 26
Merit: 0
June 08, 2018, 01:27:00 AM
#57
For the offline wallet we take the example of Ledger Nano.
Ledger Nano is a smartcard-based hardware wallet. A private key is created and signed offline in a smartcard secure environment. Nano is set up using the Chrome Ledger App. A 24-word random seed is generated during offline setup and support by writing it on a sheet of paper. In the event of theft, damage or loss, the entire wallet can be recreated with the seed. A user of the selected PIN code is also assigned to the device to protect against physical theft or hacking.
member
Activity: 459
Merit: 10
June 08, 2018, 01:22:39 AM
#56
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?
Hacking wallet is what happens frequently in the Crypto market. The security of electronic wallets is very poor, hackers are very intrusive and steal your money.
If you like crypto and want to invest in it long term, I think you should buy a cold wallet. Ledger Nano S will be the top choice because its security is the best I ever knew. Hackers can not get into it because when you do the transaction, your wallet will be offline and safe. Wink
full member
Activity: 714
Merit: 104
June 08, 2018, 01:20:33 AM
#55
Any protection can be hacked.
Human develop lock - human develop key/
Best thing keep your keys with you and dont believe to 3rd pparty
member
Activity: 821
Merit: 20
SOL.BIOKRIPT.COM
June 08, 2018, 01:19:27 AM
#54
I think not possible to hacked hardware wallet. Because Hardware wallets are offline in a sense. So hacker never attack your private keys in your wallet. Hardware wallet like to safety your money. Actually hacker can be hacked your online wallet,it is know him..
full member
Activity: 350
Merit: 100
June 08, 2018, 01:16:06 AM
#53
as long your hardware walelt is not connected into a computer or connected into internet i think your wallet will secure and you should remember about the password, its is the purpose of hardware wallet, to protect people to hack wallet via computer or online network
sr. member
Activity: 602
Merit: 326
Politeness: 1227: - 0 / +1
June 08, 2018, 01:02:06 AM
#52
Hardware wallets are seriously secured. I've never seen any cases that their Hardware wallets has been hacked. The only way hackers can hack your Hardware wallet is when they got your private keys which depends on how you took care of 'em. But as long as you can keep your private key safe, there's nothing to worry about.

Being a victim of hackers doesn't mean that these hackers are computer geniuses and can do everything remotely, sometimes it only depends on how we take care of our important files, passwords and informations because they are just looking for their target's weakness before they attack.

Example.
If you are just too careless about your password. Then expect that someone has already got it.
newbie
Activity: 224
Merit: 0
June 08, 2018, 12:45:18 AM
#51
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?

No, the possible thing happened is if you exposed your hard wallet private key, you can be hacked because of it. Just careful for many phishing site.
The other thing is, there are many shady hard wallet sellers that sell the hard wallet with seed word on their possession.
full member
Activity: 616
Merit: 100
June 07, 2018, 10:38:17 PM
#50
i don't know about it but i think hardware wallet can be hacked because as we know that all things in the world have a weakness also about the hardware wallet, we know that right now hardware wallet is secured by password but i think that maybe there are bug on that password code and the hacker can open the wallet and send transactions from that wallet
jr. member
Activity: 196
Merit: 1
June 07, 2018, 10:31:18 PM
#49
Yes, Ledger confirmed that its wallets have a flaw that makes them “susceptible to man-in-the-middle attacks.” And a couple of weeks ago, there were reports that Ledger hardware wallets allowed for the possibility of being infected with a malware designed to trick its owner to into unknowingly sending cryptocurrency to hackers. Be careful!

jr. member
Activity: 127
Merit: 2
June 07, 2018, 08:43:33 AM
#48
The hardware (cold) purse provides 99,9% protection, because when carrying out transactions, you do not have to light the key. The device first generates a new key that is not stored on the computer or one of the cloud services. And all information is stored only in the protected chip of the purse.
When making a payment, an operation is signed inside the chip, and the keys are not transferred to the stationary device even when the system is connected to the Internet. To confirm the transaction, use buttons on the cold wallet.
Crypto currency in the hardware purse is also protected by a pin code. Even with the loss or theft of the device, thieves will not be able to use the wallet without a PIN code
hero member
Activity: 2996
Merit: 600
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June 07, 2018, 08:22:43 AM
#47
So I suggest to keep the firmware updated from the manufacturer itself.
That's right that's why every time there's a firmware update, I'm not making myself late on it.

Every points IMO has been given by jseverson about hardware wallets vulnerabilities and strengths.
full member
Activity: 347
Merit: 100
June 07, 2018, 08:20:03 AM
#46
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?



I think yes hardware wallet can also be hacked even if it is offline wallet. Just like what other said it can be hacked if you leave it in somewhere and specially if they know that there's a wallet. Hardware wallet need a full attention because it can get anytime anywhere.
full member
Activity: 756
Merit: 112
June 07, 2018, 08:17:38 AM
#45
There have been no reported cases of a hardware wallet being hacked remotely without tampering.

Hardware wallets are offline in a sense that they never expose your private keys outside the device itself (the device itself signs your transactions so it never needs to be exposed anywhere else), so unless a massive exploit is able to change that somehow, they're going to be impossible to remotely hack into. They could possibly be cracked with physical access though.

So yeah, to summarize, it has been impossible to remotely hack a hardware wallet thus far, but that can change at any point in the future. They're one of the safest ways to store your crypto, but always keep in mind that you should never be storing all your eggs in one basket.

I agree, this is why continuous test are being made are forced to exploit vulnerabilities in such hardware. Through this they occasionally implement updates. So I suggest to keep the firmware updated from the manufacturer itself.
newbie
Activity: 87
Merit: 0
June 07, 2018, 07:50:51 AM
#44
it is the only secured wallet available as of today and cannot be hacked!

Of course when you leave it anywhere they will hacked especially when someone know about that wallet or maybe your friend they will get that wallet. I will advice for those who have wallet of Bitcoin please keep it safety.
newbie
Activity: 21
Merit: 0
June 07, 2018, 07:43:50 AM
#43
Ledger Nano S is a Bitcoin, Ethereum and Altcoins hardware wallet, based on robust safety features for storing cryptographic assets and securing digital payments. It connects to any computer (USB) and embeds a secure OLED display to double-check and confirm each transaction with a single tap on its side buttons
newbie
Activity: 70
Merit: 0
June 07, 2018, 07:40:40 AM
#42
I think someone can, soon enough. Every security system has its weakness. If someone can build it, there os also a possibility that it can be hacked. Beware everytime.
member
Activity: 155
Merit: 10
June 07, 2018, 07:36:16 AM
#41
Firstly I think there is no way to hacked hardware wallet. On the other hand, I also think it could be. About the software, there is no perfect security system. Hardware wallets cannot be hacked if it never been connected to a device that is connected to the internet but can be hacked if someone has physically accessed the hardware. So we have to be careful in keeping our hardware Wallet.
hero member
Activity: 1470
Merit: 655
June 07, 2018, 07:12:06 AM
#40
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?
I think theres no way your hardware wallet can be hack since its offline,i t is designed and made as an offline wallet for our security..unless someone use your device and get the information there..

a hardware wallet is NOT offline! you connect it to a computer and what happens is that the hardware wallet is supposed to not leak your private keys out under any circumstances but due to bugs this can happen and there has been cases of this happening so it is not 100% safe.
copper member
Activity: 1218
Merit: 1007
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June 07, 2018, 07:09:12 AM
#39
1% can be hacked, If you using ledger keep your phrase save.
newbie
Activity: 266
Merit: 0
June 07, 2018, 07:07:53 AM
#38
There is no way to hack this hard ware because based on this wallet there are reserved many keys like public and private keys of it gives you highest security to hold this also this was make for maintain security so there is very little chance to hack because .01% can’t be a matter of tension.
newbie
Activity: 26
Merit: 0
June 07, 2018, 06:01:58 AM
#37
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?
I think theres no way your hardware wallet can be hack since its offline,i t is designed and made as an offline wallet for our security..unless someone use your device and get the information there..
member
Activity: 168
Merit: 10
June 07, 2018, 05:52:19 AM
#36
I came across the fact that the hardware wallets are hacking .... maybe that's why now it's hard to improve it, it's right. Because we should be calm in its reliability, because there are not small savings for crypto-drivers
hero member
Activity: 2520
Merit: 952
June 06, 2018, 10:50:28 PM
#35
Someone can manipulate the address where you are sending (that's what I heard) so whenever you send from a hardware wallet, always check the receiving address.
member
Activity: 336
Merit: 52
June 06, 2018, 10:50:06 PM
#34
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?
The hardware wallets usually don't get hacked unless they've been modified by the seller, for this reason you should always buy from the manufacture's  website and not from resellers on Amazon, eBay etc. The private keys never leave the hardware wallet.
jr. member
Activity: 57
Merit: 6
June 06, 2018, 10:46:03 PM
#33
purse hardware is very safe, and I had never heard of a hacker who is able to reconcile them
newbie
Activity: 6
Merit: 0
June 06, 2018, 10:40:21 PM
#32
If a wallet is not connected to the network, the hacker cannot invade.
In the short term, the connection cannot be invaded.
full member
Activity: 896
Merit: 198
June 06, 2018, 10:32:53 PM
#31
For me i think it can be hacked it depends o hacker if they already mastered that job by hacking

No it is not depends on hackers it depends on your preservation your own information. Hacker is everywhere and they just wait for the chance to steal your assets. It can be hacked your account if you are a careless person.


You have a point, it depends on how you keep secured your own  wallet.
Actually hardware wallet is the most safest wallet in the world of crypto like trezor, ledger nano etc. And if you want a solid secured you may used an offline wallet.
jr. member
Activity: 174
Merit: 7
June 06, 2018, 10:31:43 PM
#30
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?

Everywhere in the world is full of good and bad people. Similarly, the internet is filled with lots of good and bad people. These bad people on the internet are called hackers — and they constantly wait for opportunities to steal things. Hardware wallet  is offline wallet is not connected to the internet. So, it is impossible for hackers to get access to it. The only way someone can access your Bitcoins is if they get hold of your hardware wallet and are able to unlock it.
sr. member
Activity: 462
Merit: 250
June 06, 2018, 09:47:19 PM
#29
For me i think it can be hacked it depends o hacker if they already mastered that job by hacking

No it is not depends on hackers it depends on your preservation your own information. Hacker is everywhere and they just wait for the chance to steal your assets. It can be hacked your account if you are a careless person.
legendary
Activity: 3472
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
June 06, 2018, 11:08:50 AM
#28
Let me telll you about one method how a hardware wallet might be hacked. They do not have to physically hack the hardware, they just
intercept the data or take control of your computer for a few minutes and in that time they quickly execute a "transfer" of coins to their Bitcoin adress.

The transfer process only takes a few seconds, so they only have to wait for you to access the hardware wallet and then they hijack the session.  Angry
newbie
Activity: 39
Merit: 0
June 06, 2018, 11:05:38 AM
#27
As I think to hack money wallet software is very hard to hack. Unless you sign up to create a wallet on a fake page, you may be hacked, when you register on a reputable site it is difficult to hack. Therefore, to ensure safety, people should use cold wallets.
full member
Activity: 504
Merit: 102
June 06, 2018, 10:59:49 AM
#26
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?

Most certainly it can be. For those you are skilled enough to do it will likely to hack you so. So it is up to you to secure your own hardware wallet.
member
Activity: 322
Merit: 10
June 06, 2018, 10:58:30 AM
#25
I think the hardware wallet vulnerability level of hacking is quite minimal, this is because the wallet hardware is rarely connected to the network and is online only when needed so there will be no hacking as long as the hardware wallet is not connected to the network
newbie
Activity: 179
Merit: 0
June 06, 2018, 10:55:05 AM
#24
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?

It is possible if you don't care your wallet.  Just like for example you leave it online and the next person who sit your chair will try to hack your hardware wallet but if it is safe with your hands it is impossible to be hacked.
full member
Activity: 308
Merit: 100
June 06, 2018, 10:50:09 AM
#23
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?
How could a hardware wallet hacked by others? Hacking is only possible through the internet connection, so hacking hardware wallet is not a possible thing . So there is nothing to worry be cool.
newbie
Activity: 210
Merit: 0
June 06, 2018, 10:49:38 AM
#22
I think the Hardware Wallet for now is the safest. The Hardware Wallet is a physical device that allows you to safely store all kinds of tokens, bitcoins and keep your private key offline.
full member
Activity: 392
Merit: 101
June 06, 2018, 10:43:56 AM
#21
For me i think it can be hacked it depends o hacker if they already mastered that job by hacking
jr. member
Activity: 116
Merit: 3
June 06, 2018, 10:39:51 AM
#20
it is the only secured wallet available as of today and cannot be hacked!
member
Activity: 168
Merit: 10
June 06, 2018, 10:39:09 AM
#19
I believe that it can and it is possible but it needs to be a super hacker, devote it all the time, hardware wallets have a good level of protection.
member
Activity: 231
Merit: 10
June 06, 2018, 10:37:34 AM
#18
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?



I think no because hardware wallet is safest wallet and i think this is not connected on the internet so your private key and your bitcoin are safe to this wallet.
member
Activity: 168
Merit: 10
June 06, 2018, 10:35:30 AM
#17
There are suggestions that it is possible, for example, an intruder can take possession of the device before or after its initialization by the user.
member
Activity: 168
Merit: 10
June 06, 2018, 10:33:07 AM
#16
I think that unfortunately it is possible, my guess is that the computer to which the hardware purse is connected may or has been hacked in one way or another.
sr. member
Activity: 742
Merit: 251
PRIVATE FEDERATED BLOCKCHAIN
June 06, 2018, 10:32:06 AM
#15
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?
it's not that easy the wallet can be hacked by the damn hacker, bitcoin wallet many ways overcome it like a password with the verification of the phone number we have, it is very strong to secure our bitcoin wallet
member
Activity: 182
Merit: 10
June 06, 2018, 10:31:10 AM
#14
I do not think that a hardware purse can be easily cracked, it was not so carefully invented and perfected for it
hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
June 06, 2018, 10:30:19 AM
#13
I don't hear any report that hardware wallet being hacked till now without tampering.
but you know nothing is safe 100%. And I though hacker will can't hack it without physical hardware in his hand or you let it connect to Internet 24/7.
I hope they will never can do it, just pray
legendary
Activity: 2114
Merit: 1292
There is trouble abrewing
June 06, 2018, 10:23:45 AM
#12
the most secure way of storing bitcoin is always going to be an actual offline wallet such as a paper wallet. hardware wallets are not exactly cold storages, they are more like secure storages.
there has been cases of exploits in different hardware wallets that actually leaked private keys. fortunately no serious losses has been recorded as far as i can tell but as you can see there is no 100% safety.
full member
Activity: 490
Merit: 106
June 06, 2018, 10:07:02 AM
#11
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?
About the software there are no perfect security system and all has its own vulnerabilities and in the future there will always be a new vulnerabilities that will be discovered and manufacturers will patch it, this is why if you own a hardware wallet, you should always update its software if new patch is released. Hardware wallets can not be hacked if it never been connected on a device that is connected on the internet but can be hacked if someone has physically access the hardware. Remember the man that lost all his savings because all of his cryptocurrencies store on a hardware wallet are gone or hacked? it is because he bought the hardware wallet from a re-seller that might had able to tampered the hardware that he sell and not bought directly from the manufacturer.
full member
Activity: 358
Merit: 118
June 06, 2018, 10:04:45 AM
#10
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?


Everything is hackable. But I am using myetherwallet to protect my tokens and altcoins, i never used metamask wallet so i dont have idea about metamask. But there is no way to hack your MEW without leacking private key. If you incorrectly leak your private key in any scam website you wallet will be easily hack. So while using private key you should causious on that.
newbie
Activity: 182
Merit: 0
June 06, 2018, 09:52:25 AM
#9
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?

Yes, because there are so many kinds of hackers today and maybe its safe for long range hacker but we should consider also that some hackers are people we are trusted like our friend and relatives that wan to stole our money.

Yes it will hacked when you put it anywhere not in a safety place.Even in the online system hard wallet is easily hacker.
jr. member
Activity: 252
Merit: 2
June 06, 2018, 09:38:04 AM
#8
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?

Yes, because there are so many kinds of hackers today and maybe its safe for long range hacker but we should consider also that some hackers are people we are trusted like our friend and relatives that wan to stole our money.
jr. member
Activity: 448
Merit: 1
June 06, 2018, 09:31:40 AM
#7
I think it could be, so we have to be careful in keeping our hardware Wallet. do not be in the retas irresponsible people. try to imagine if our wallets are gassed, and all the assets we have in steal, it will make us angry mixed sad.
newbie
Activity: 98
Merit: 0
June 06, 2018, 09:31:25 AM
#6
I think Hardware Wallet is the safest. Harwdware swallow Can Secure Cryptocurrency Assets. Hardware Wallets Cryptocurrency is a physical device (often called, USB) that allows you to securely generate and store your private key offline.
hero member
Activity: 994
Merit: 504
June 06, 2018, 09:18:17 AM
#5
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?

Pretty much everything is hackable depends on the one who is hacking and has a good skill on doing it. Humans do learn how to do it every time there will something new.
hero member
Activity: 1834
Merit: 759
June 06, 2018, 09:17:04 AM
#4
There have been no reported cases of a hardware wallet being hacked remotely without tampering.

Hardware wallets are offline in a sense that they never expose your private keys outside the device itself (the device itself signs your transactions so it never needs to be exposed anywhere else), so unless a massive exploit is able to change that somehow, they're going to be impossible to remotely hack into. They could possibly be cracked with physical access though.

So yeah, to summarize, it has been impossible to remotely hack a hardware wallet thus far, but that can change at any point in the future. They're one of the safest ways to store your crypto, but always keep in mind that you should never be storing all your eggs in one basket.
newbie
Activity: 434
Merit: 0
June 06, 2018, 05:46:41 AM
#3
Bitcoin hardware is the safest chip they made based on this from my perspective there is no way to hacked btc hardware because its made for security and many data’s like public key and private key also many information’s is stored there so there is no reason to hacked.
newbie
Activity: 24
Merit: 0
June 04, 2018, 02:43:12 AM
#2
The way Hardware wallets achieve maximum security is by saving your private key and signing your Bitcoin transactions offline so someone who tries to "hack" your wallet remotely can not do it.

Most Hardware wallets also use a second screen / device to verify actions on your wallet such as signing transactions. In this way, if a hacker gains control over your computer, he still can not be dangerous as it requires access to the physical devices connected to your computer as well.
jr. member
Activity: 48
Merit: 4
June 04, 2018, 02:37:50 AM
#1
The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?
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