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Topic: it is possible can hack my wed wallet? (Read 1535 times)

legendary
Activity: 1400
Merit: 1009
September 08, 2015, 12:03:23 PM
#24
It is possible can hack my web wallet?
Yes, absolutely possible your web wallet can be hacked if you have weak password,no 2fa setup,download software or apps from untrustworthy websites etc..
member
Activity: 84
Merit: 10
September 08, 2015, 11:42:28 AM
#23
In crypto world any kind of hack is possible, you can't be safe 100% against an hacking attack
hero member
Activity: 686
Merit: 500
fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!
September 08, 2015, 01:43:47 AM
#22
It is possible can hack my web wallet?

Yes, of course. everything can be hacked. so if you have a web wallet you should always have a very complicated password and 2FA enabled. If you can use 4 or 5FA I suggest you use it.

Any idea to use 5FA Huh

I think better move to cold wallet. I got bad experience with web wallet, especially bc.i, i set up my pass pretty complicated and 2FA enabled, but at least my coins move without my permission and i lost my coins there.
legendary
Activity: 1596
Merit: 1027
September 07, 2015, 10:28:20 PM
#21
It is possible can hack my web wallet?

Yes, of course. everything can be hacked. so if you have a web wallet you should always have a very complicated password and 2FA enabled. If you can use 4 or 5FA I suggest you use it.
hero member
Activity: 686
Merit: 500
fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!
September 07, 2015, 01:38:42 PM
#20
In theory, my computer is not safe. But in reality no none knows that I have coins in my computer and very few people undersand what bitcoin is.

Although no one knows in reality, but on the internet your coins is not safe if you keep on web wallet or exchanger, especially with exchanger which don't give you priv key.
Even bc.i wallet is can hacked although you have priv key, that's why bitcoin.org removed bc.i from their list bitcoin wallet, you should move to cold wallet.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
September 06, 2015, 05:16:49 AM
#19
the problem with webwallet is that they have double holes, one on your end and on their end server, with  local wallet there is ony one possible security hole, which is your computer being infected

for this reason a local hot wallet is vastly better than a web wallet, and with the right measurements it can be considered as safe as a cold wallet, but you need a dedicated PC for your bitcoin client
Both of them pose a same risk to the user, that is weak RNG. Weak RNG allows the creation of less random private keys. When a transaction is created, the transaction is signed with values R and S. If "R" is reused twice, the attacker can compute the private key easily. Blockchain.info has this happened several time, last year when they pushed an update and this year with the android wallet. Android wallets were known to generate weak keys several years ago and Bitcoin were stolen.
legendary
Activity: 1456
Merit: 1010
Ad maiora!
September 06, 2015, 01:29:50 AM
#18
Look at it this way op. If someone can build something, then it is possible someone else can un build it. Nothing is 100% hack proof. It's what hacking means.

The most secure systems will have 2 or 3 factors of authentication, and even then... Somewhere, someone is working double hard to outsmart it.

If you are worried about security you should get a hardware wallet. Still not totally impenatrable but probably your best bet right now
legendary
Activity: 1302
Merit: 1025
September 06, 2015, 01:19:08 AM
#17
If I am not mistaken web wallets are not that secure like we expect it to be. So yes, it can be hacked. Evwn the 2FA can be cracked if the hacker knows what he is doing. Paper wallet is the best option if you want security. Just be sure that you backup your wallet.
Q7
sr. member
Activity: 448
Merit: 250
September 05, 2015, 11:53:13 PM
#16
Why not? Even if you are in complete control of your desktop wallet and maintain full security, it is still hackable. The question here is the risk level, whether high or low and whether you or the website owner have done enough to prevent it from attack.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
September 05, 2015, 04:44:34 AM
#15
If you have 2FA enabled, then I'd say your web wallet is pretty sure,
But if you wanna be sure look for a hardware wallet or paperwallets. Trezor is a pretty famous hardware wallet. and bitaddress.org for paper
2FA does not immediately mean that it is safe. There was once when coinbase had a vulnerability on the 2FA login. The other potential loophole is that all your funds would be stored on a central wallet hence if the central wallet gets hacked, your coins would be gone whether 2FA is enabled or not.
no I don't think anyone can hack blockchain.info or maybe I can be wrong but it has a milltary grade security as it says and it is also harder to manage that wallet as compared to the mobile wallets are more smooth
FTFY.
It is possible to hack servers if anyone has access to it. I would say that it would be significantly harder to hack in a scenario which they have patched everything properly even if the server gets accessed since the private keys are all encryped. However, I would recommend against blockchain.info given their current state which is unreliable.

A raspberry Pi combined with electrum would be one of the cheapest choice for a offline hardware wallet.
legendary
Activity: 3248
Merit: 1070
September 04, 2015, 10:20:18 AM
#14
the problem with webwallet is that they have double holes, one on your end and on their end server, with  local wallet there is ony one possible security hole, which is your computer being infected

for this reason a local hot wallet is vastly better than a web wallet, and with the right measurements it can be considered as safe as a cold wallet, but you need a dedicated PC for your bitcoin client
full member
Activity: 438
Merit: 100
arcs-chain.com
full member
Activity: 229
Merit: 100
September 03, 2015, 10:51:03 PM
#12
In theory, my computer is not safe. But in reality no none knows that I have coins in my computer and very few people undersand what bitcoin is.
full member
Activity: 182
Merit: 100
September 03, 2015, 10:09:56 PM
#11
no I don't think anyone can hack bloackchain.info or maybe I can be wrong but it has a milletry grade security as it says and it is also pritty harder to manage that wallet as compared to the mobile wallets are more smooth
hero member
Activity: 756
Merit: 500
September 03, 2015, 08:59:53 PM
#10
If you have 2FA enabled, then I'd say your web wallet is pretty sure,
But if you wanna be sure look for a hardware wallet or paperwallets. Trezor is a pretty famous hardware wallet. and bitaddress.org for paper
member
Activity: 70
Merit: 10
September 03, 2015, 05:51:02 PM
#9
Almost everything can be hackes, the cuestion is if it´s probable it wil happen to you
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
September 03, 2015, 05:41:17 PM
#8
It is possible can hack my web wallet?

Of course they can get hacked. Do not use web wallets! The Web wallet service will go offline tomorrow or will get hacked and you are screwed.

At least use lite wallets if you can't afford hardware wallets or it is to much of the hassle to use paper wallets. Electrum and Multibit are two good ones.

Reformat your computer, keep it clean (pay attention where you are going when online), install Multibit or Electrum, and make a backup of the wallet and you should be much safer than with the online wallet.
 
Cheers!
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
legendary
Activity: 896
Merit: 1000
September 03, 2015, 06:49:20 AM
#6
We could tell you more if you telll us what web wallet.  You should use cold storage but some are better then others.

The worst in my eyes are the one's who keep large amounts in gambling sites and exchanges.  Those two are not meant for long term storage.

there aren't any online wallet services that are meant for long term holding. people who leave their coins online on exchanges and such are too lazy to store their coins offline in a secure manner, or they simply don't care. eventually they will care but it will be a very costly lesson once a certain service gets hacked or suffer from an inside job.
legendary
Activity: 1456
Merit: 1000
September 03, 2015, 06:32:10 AM
#5
We could tell you more if you telll us what web wallet.  You should use cold storage but some are better then others.

The worst in my eyes are the one's who keep large amounts in gambling sites and exchanges.  Those two are not meant for long term storage.
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