Nowhere is safe part 2 | Bitcointalksearch.org

Makus

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Quote from: Xampeuu on February 29, 2024, 11:46:41 PM

it would be useless if we couldn't secure our wallet from hacking, this often happens because we are focused on price movements. On the other hand, various interesting link titles sometimes attract us to open them and follow the instructions and finally hacking occurs. Therefore, the most important thing is that we have to be careful of various modes that lead to hacking, because that is basic knowledge in investing

Sometimes we indirectly take security for granted by not being security conscious or learning new tricks by scammers or hackers. And of the best wey to defend yourself against scam or hack is when you learn how they operate, it will give you clue on how to avoid them. For example those sites that redirect you to another page, many of those site page are not secure this, it exposes you to hackers or scam. And with the current amount of persons who are desperate for airdrops, scammers have begin to use to medium to steal people's coin.

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Quote from: Shamm on December 26, 2023, 10:09:45 AM

Quote from: Makus on December 16, 2023, 10:28:42 AM

Indeed you where correct, now it's obvious no where is safe for the safe keeping of your cryptocurrency. Hackers are becoming more smart and fast, most especially this period, but that doesn't mean we should avoid the use of hardware wallets. They are still the best and the safest for now until a more top secure wallet is built beside, ledger claims that the attack was not centered on hardware wallet but on the Dapps who used ledgers connectkit. Tether have already frozen the account of the hacker while $254k was still found in the hacker wallet address, so it's possible it might be reversed back to ledger, ledger are looking forward to make a more secure upgrade, so let's keep our hopes high that such aren't gonna happen again.

That's why we need to focus on our wallets if there's a links then passed by other people then we should don't open it. And also we must don't give our private informations about our wallet's, cause nowadays scammers fo their very best to scam people cause through scams they can earn a lot of money, so we every individual must stay safe and also our money will safe from the scammers. So it better to double our security.

it would be useless if we couldn't secure our wallet from hacking, this often happens because we are focused on price movements. On the other hand, various interesting link titles sometimes attract us to open them and follow the instructions and finally hacking occurs. Therefore, the most important thing is that we have to be careful of various modes that lead to hacking, because that is basic knowledge in investing

Promocodeudo

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Though I don't your point but there are places that are safer than the other, though hackers can not be stopped totally but with good information from reliable crypto enthusiasts we can make a good choice of a custodian wallet for the safe custody of our coin, cyber attackers are everywhere looking for the fastest opportunity to attack at all time because that's what they are trained to do, we should at all time be security conscious of our wallet, your wallet as far as crypto is concerned is your way of recruiting your asset, so for you to continue in the business it should be protected with every measure it means available.

Shamm

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Quote from: Makus on December 16, 2023, 10:28:42 AM

Indeed you where correct, now it's obvious no where is safe for the safe keeping of your cryptocurrency. Hackers are becoming more smart and fast, most especially this period, but that doesn't mean we should avoid the use of hardware wallets. They are still the best and the safest for now until a more top secure wallet is built beside, ledger claims that the attack was not centered on hardware wallet but on the Dapps who used ledgers connectkit. Tether have already frozen the account of the hacker while $254k was still found in the hacker wallet address, so it's possible it might be reversed back to ledger, ledger are looking forward to make a more secure upgrade, so let's keep our hopes high that such aren't gonna happen again.

That's why we need to focus on our wallets if there's a links then passed by other people then we should don't open it. And also we must don't give our private informations about our wallet's, cause nowadays scammers fo their very best to scam people cause through scams they can earn a lot of money, so we every individual must stay safe and also our money will safe from the scammers. So it better to double our security.

GlacierBIT

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Quote from: Rampagoe004 on December 24, 2023, 05:21:19 AM

I usually do anything to ensure the safety of my crypto assets. I could do something like secure my seed phrase offline by saving it somewhere disconnected from the internet. I also like to enable 2FA on all sites where I store my crypto assets and if necessary I will do an OTP via phone call. Even though it sounds like a hassle, in the 5 years I've been on this forum I've never once lost any of my assets even though my assets are actually only a few thousand dollars if you put them all together.

Using all available forms of protection is the right approach, it is better to put in the effort and spend a little time to make your efforts pay off. The most important thing is that your assets remain safe for many years. I do the same, it's important when peace of mind, it gives strength and confidence.

Dunamisx

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Hackers were there roaming around like a lion seeking for whom to devour, we must always have this on our minds, then try as much as possible to understand the ways we could achieve a maximum security practice and stay safe with the use of our wallet, when we have an understanding of what to do, we will not remain stranded to defend ourselves in case of times they are striking at us for an attack.

Best-mary

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Quote from: avp2306 on December 24, 2023, 05:34:28 AM

Quote from: Samlucky O on December 21, 2023, 12:27:54 AM

Quote from: Beparanf on December 18, 2023, 07:30:26 AM

Nowhere is safe if you don’t know how to secure your asset properly. All of the issue including hacking events only possible because the victim itself use the service that got exploited. Crypto holders should have a separate air gapped wallet for their main holdings to their money for trading to avoid exposing to risk all his asset at once.

I agree with you. I believe the real or possible cause of this hacks is as a result of using main wallet for all transactions. I think there is need to have separate wallets, so that one should be for storage while the other one is for frequent transactions.

That's good option to have since actually it can save our funds to get drained if we mistakenly click any link that contain those malware. But some other people think that this is hassle action that's why they choose to have one only. But in case like that, they should know how to secure their wallet and choose to have their own private key then they should never click any random especially those shortened links comes from unverified source to get away on troubles that we possibly encounter. People just need awareness about different methods used by criminals so that they can assure to be safe from hacking and scamming.

It's so bad that many people get to click any link they see. I think I'll write something about this when next I talk about this topic. I'm thinking of making a part 3 of it on how we can be safe from all this drama

Best-mary

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Quote from: Rampagoe004 on December 24, 2023, 05:21:19 AM

I usually do anything to ensure the safety of my crypto assets. I could do something like secure my seed phrase offline by saving it somewhere disconnected from the internet. I also like to enable 2FA on all sites where I store my crypto assets and if necessary I will do an OTP via phone call. Even though it sounds like a hassle, in the 5 years I've been on this forum I've never once lost any of my assets even though my assets are actually only a few thousand dollars if you put them all together.

You've said it all. In most of the exchanges we use, they usually ask us to do more security by giving us options on many ways to secure our assets. I also have not encountered any sort of security bridging in any of the exchange I'm using

avp2306

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Quote from: Samlucky O on December 21, 2023, 12:27:54 AM

Quote from: Beparanf on December 18, 2023, 07:30:26 AM

Nowhere is safe if you don’t know how to secure your asset properly. All of the issue including hacking events only possible because the victim itself use the service that got exploited. Crypto holders should have a separate air gapped wallet for their main holdings to their money for trading to avoid exposing to risk all his asset at once.

I agree with you. I believe the real or possible cause of this hacks is as a result of using main wallet for all transactions. I think there is need to have separate wallets, so that one should be for storage while the other one is for frequent transactions.

That's good option to have since actually it can save our funds to get drained if we mistakenly click any link that contain those malware. But some other people think that this is hassle action that's why they choose to have one only. But in case like that, they should know how to secure their wallet and choose to have their own private key then they should never click any random especially those shortened links comes from unverified source to get away on troubles that we possibly encounter. People just need awareness about different methods use by criminals so that they can assure to be safe from hacking and scamming.

Rampagoe004

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I usually do anything to ensure the safety of my crypto assets. I could do something like secure my seed phrase offline by saving it somewhere disconnected from the internet. I also like to enable 2FA on all sites where I store my crypto assets and if necessary I will do an OTP via phone call. Even though it sounds like a hassle, in the 5 years I've been on this forum I've never once lost any of my assets even though my assets are actually only a few thousand dollars if you put them all together.

Y3shot

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Quote from: Best-mary on December 16, 2023, 08:14:48 AM

I said it, if we are in this cryptocurrency ecosystem, our first safety comes from us. No matter what you want to use, there are times when what we believe is the safest won't be the safest. In my post in that link above, I talked about navigating how to be at least 60-80% safe with your assets.

Their is no total guarantee that cryptocurrency is very safe, it is risky that is why people don't need to put in all they have in cryptocurrency. Cryptocurrency is not what people needs to rush into, people needs to understand it very well because if you go into the wrong investment in rush you can end up losing your hard earned money. It is important to invest only on the amount you afford to lose because of how risky the market is.

Hewlet

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Quote from: Best-mary on December 16, 2023, 08:14:48 AM

I remembered when I posted this some time ago and some people kept saying to be safer you need to be on an off/hard wallet.

https://bitcointalksearch.org/topic/m.62971784

And here, I talk about Hacks that happened both in Cex and Dex
https://bitcointalksearch.org/topic/m.63031458

I said it, if we are in this cryptocurrency ecosystem, our first safety comes from us. No matter what you want to use, there are times when what we believe is the safest won't be the safest. In my post in that link above, I talked about navigating how to be at least 60-80% safe with your assets.

I just got this news that some users lost over $600k from hackers on their Ledger wallet.

https://www.dlnews.com/articles/defi/a-ledger-employee-got-phished-defi-users-lost-thousands/?utm_source=telegram&utm_medium=organic_social&utm_campaign=

safety is not always 100% guaranteed, but their are method that are safer than others although they both require carefulness and lack of unnecessary greed that could lead to hacking of a users account.

One has to know that anyone can be victim of hack and so its necessary we put in the effort in ensuring that we put in law all the safety measures that are needed to guarantee our safety to a reasonable extent

justdimin

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Quote from: Samlucky O on December 21, 2023, 12:27:54 AM

Quote from: Beparanf on December 18, 2023, 07:30:26 AM

Nowhere is safe if you don’t know how to secure your asset properly. All of the issue including hacking events only possible because the victim itself use the service that got exploited. Crypto holders should have a separate air gapped wallet for their main holdings to their money for trading to avoid exposing to risk all his asset at once.

I agree with you. I believe the real or possible cause of this hacks is as a result of using main wallet for all transactions. I think there is need to have separate wallets, so that one should be for storage while the other one is for frequent transactions.

That is only one reason to get hacked, but there are still other more. Have you heard about phishing? It's when we use the website/app that we think is legit but it was actually a clone (a fake one). And once we entered our sensitive information, like passwords, that is how phishers can access our accounts.

We can get aware with it, but it's almost too late to do an action because our accounts were already got emptied by them. Apart from separating our main wallet, we also need to hang out often in the communities, so that we are updated on what are the in's and out's. This already includes knowing the tactics of the hackers, and on how can we avoid them.

Bushdark

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Quote from: Oasisman on December 21, 2023, 10:40:44 PM

Of course, nowhere is indeed safe, especially for the people who is careless and lacks of knowledge how to secure their assets and wallets. There are a few things we can do or apply to put extra layer of security to our wallet, but that doesn't guarantee your asset is untouchable and I agree to what you have said that we are responsible for our own safety. Once you got expose with the hackers/scammers, you'll become their next target waiting to fall for their gimmicks.

Nowhere is safe for us and what we are left with is to make decision that will affect our present consistent.
Those that understand the market will not have much problem from taking appropriate decision that will lead to them making money from the market. Even investing in Bitcoin has it own risks so we have to be careful and prepared for the better things the market has for us..
Whether investing in altcoins or Bitcoin, we can still make profits from the market with relaxation and calmness.

Oasisman

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Of course, nowhere is indeed safe, especially for the people who is careless and lacks of knowledge how to secure their assets and wallets. There are a few things we can do or apply to put extra layer of security to our wallet, but that doesn't guarantee your asset is untouchable and I agree to what you have said that we are responsible for our own safety. Once you got expose with the hackers/scammers, you'll become their next target waiting to fall for their gimmicks.

Belarge

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Quote from: Bushdark on December 21, 2023, 06:49:08 PM

Nowhere is safe so we need to make sure that we don't invest our money anyhow or in a project we don't have good knowledge about
Cryptocurrency has a lots of risk beneath it but we might not understand since we have never become a victim of hacks or cryptocurrency scam. Things are happening and we should always look for ways to safeguard ourselves so we don't become too focus on what we make us lose in the cryptocurrency market. We can make profits from the market if we know what we are doing and how to go about things.

Scamming projects are everywhere in the market, before it can be selectively spotted out but now, it requires lengthy period of time before things will finally fall in place for a trader. Everyone should be extremely careful of not fulfilling the entire purpose of grabbing golden opportunities, everything falls to become lesser than our figures, I mean our money invested. I'll never welcome the idea of defeats which I don't find in my personal dictionary of my mind. Nowhere is safe in crypto, we just gave to apply our good sense of humor if we want to survive in the market and milking heavily from the system.

Bushdark

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Quote from: wheelz1200 on December 21, 2023, 05:26:48 PM

Quote from: Best-mary on December 16, 2023, 08:14:48 AM

I remembered when I posted this some time ago and some people kept saying to be safer you need to be on an off/hard wallet.

https://bitcointalksearch.org/topic/m.62971784

And here, I talk about Hacks that happened both in Cex and Dex
https://bitcointalksearch.org/topic/m.63031458

I said it, if we are in this cryptocurrency ecosystem, our first safety comes from us. No matter what you want to use, there are times when what we believe is the safest won't be the safest. In my post in that link above, I talked about navigating how to be at least 60-80% safe with your assets.

I just got this news that some users lost over $600k from hackers on their Ledger wallet.

https://www.dlnews.com/articles/defi/a-ledger-employee-got-phished-defi-users-lost-thousands/?utm_source=telegram&utm_medium=organic_social&utm_campaign=

Well first off steer clear of any exchanges to store any coins obviously. But in terms of safety it's real easy. Air gapped computer, gen up a cold wallet or even paper wallet. Throughly wipe the computer and bam ypu have yourself a safe wallet that can't be hacked. I don't think it's as hard as people are making it. Problem really lies with people taking the easy way out and not learning crypto storage safety it's not really hard at all.

Nowhere is safe so we need to make sure that we don't invest our money anyhow or in a project we don't have good knowledge about
Cryptocurrency has a lots of risk beneath it but we might not understand since we have never become a victim of hacks or cryptocurrency scam. Things are happening and we should always look for ways to safeguard ourselves so we don't become too focus on what we make us lose in the cryptocurrency market. We can make profits from the market if we know what we are doing and how to go about things.

odunybiz

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Quote from: fapar on December 17, 2023, 03:34:07 AM

Quote from: livingfree on December 16, 2023, 06:15:13 PM

This news was about Ledger's library and has been made some topics on certain sections of the forum. But as you're pointing out the safety of everyone and with wallets we use.

The problem starts with the person who owns a wallet. If you're careful and regardless of the wallet you use, of course the official ones. You're unlikely to get phished or hacked.

Monitor your internet activity and the websites you're browsing especially the applications that you're downloading. Because most of these hacks start from people's negligence.

Moreover, storing coins on Ledger is safe in itself - offline. We are exposed to danger only at the moment of connecting it to any site (market, CEX/DEX, etc.) - online. And this incident in itself with duplication of the “Wallet Connect” window revealed the inattentiveness of users. The simplest risk assessment will lead to the conclusion that your crypto assets should be divided into operational expenses and savings, as CEX (cold/hot wallets) do. That is, you can have two Ledgers, if of course we are talking about hardware crypto wallets.

Our negligence and carelessness is the key for the hackers. No matter how save the wallet you use is, being careless can make hackers get you down. A friend of mine was scammed of few dollars just because he connected his wallet with a website to claim an airdrop. One has to be careful with the site or app one connect his/her wallet with.

wheelz1200

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Quote from: Best-mary on December 16, 2023, 08:14:48 AM

I remembered when I posted this some time ago and some people kept saying to be safer you need to be on an off/hard wallet.

https://bitcointalksearch.org/topic/m.62971784

And here, I talk about Hacks that happened both in Cex and Dex
https://bitcointalksearch.org/topic/m.63031458

I said it, if we are in this cryptocurrency ecosystem, our first safety comes from us. No matter what you want to use, there are times when what we believe is the safest won't be the safest. In my post in that link above, I talked about navigating how to be at least 60-80% safe with your assets.

I just got this news that some users lost over $600k from hackers on their Ledger wallet.

https://www.dlnews.com/articles/defi/a-ledger-employee-got-phished-defi-users-lost-thousands/?utm_source=telegram&utm_medium=organic_social&utm_campaign=

Well first off steer clear of any exchanges to store any coins obviously. But in terms of safety it's real easy. Air gapped computer, gen up a cold wallet or even paper wallet. Throughly wipe the computer and bam ypu have yourself a safe wallet that can't be hacked. I don't think it's as hard as people are making it. Problem really lies with people taking the easy way out and not learning crypto storage safety it's not really hard at all.

oktana

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Quote from: o48o on December 21, 2023, 04:47:49 PM

Quote from: oktana on December 16, 2023, 01:17:20 PM

Life’s a risk, businesses are risky, investing in Bitcoin is a risk, but it doesn’t mean one shouldn’t make calculated risks. Now, I can tell you that it is riskier to have your money on a CEX than a DEX. In fact, you can’t even have money in DEX because you only connect your wallet to make a transaction but it isn’t as if you are storing your crypto with them. Many people are conscious to disconnect their wallet afterwards to further reduce the risk (we should try to do so too). But CEX? Your funds are with them before you can even transact. Not only does your fund depend on their security, even the platform can lock you out and you lose your money (not often though). I believe it’s reduced risk to just have your wallet to yourself… that’s the best one can do.

Well i don't know about that. It's definitely closer to crypto ethos to be decentralized as possible, but when it comes to being risky, many of the CEXes get hacked but still keep enough funds to have money for their customers. Unlike hacks in decentralized finances. <- (on which you might want to take a look that link).

I understand why people argue that we should head for decentralization, but using DeFi, isn't risk free. Far from it. In fact i wouldn't say it's riskier in any legit CEX.

But you acknowledge that you have to be connected to the exchange for you to also be a victim when decentralized exchange hack happens? I think it is easier for someone to disconnect their wallet when they are done. Unlike centralized exchanges where most people rather store their funds since it’s stressful to send in and then out again. I know centralized exchanges can take responsibility when something goes wrong but I don’t think I’ll risk my money on that. What if it’s too much money than they can give? And many more what ifs. But it’s all personal preference and opinions.

Topic: Nowhere is safe part 2 (Read 428 times)