Pages:
Author

Topic: Should i believe a person who said"my trust wallet get hacked" ? - page 4. (Read 953 times)

sr. member
Activity: 2828
Merit: 344
win lambo...
If nobody knows your private keys/seeds phrase, no possibility that your wallet will get hacked provided that you never put them online or at your computer. Some say that their funds got lost on the exchanges, this is possible when visited fake/scam sites, many are already a victim to this. And one way to avoid this is to check the legitimacy of the site and their feedback as well.

Additionally, don't trust other people asking for your keys and seeds. Exchanges don't ask that even there is a problem with your account.

member
Activity: 375
Merit: 10
Since i joined the crypto world i didnt face any problem regrading wallets but i see that many people lose funds...somtimes the situation is normal like when somone share his private key or back up phrase in a scam website...but lets imagine that somone open a nwe wallet on trust and start using it without even keeping the phrase...is there a way to enter his wallet and make transactions without even having the back up phrase?
I think as backup and security is very useful for wallet security, and need to improve its security, often a lot of the loss of funds does not occur due to carelessness in storing passwords.
member
Activity: 966
Merit: 25
Ton Together | Save Smart & Win Big
as long as you're not logged out or lost your gadget or corrupt your wallet then it would be fine. But when you're forced to lose your access to your initial wallet and want to re-access it, without keeping a private key, seeds, or backup wallet.dat then you're doom, That's how the crypto world works out. You need to keep it carefully, and you can't share it with other people especially strangers. That's the key to your safe box aka wallet. Then according to your question, should we believe when a person said that their wallet was hacked the answer is probably yes, probably not. We need to dig the information further for sure to know what's exactly happening. But, I think most of the cases it wasn't hacked, but phishing or even unintentionally sharing their own private key by newbies.
full member
Activity: 1022
Merit: 100
Meta4uStake.io
Hmmm it's hard to happened if we save our key and seed well. Most people got hacked because of their own doing. They are sometimes clicking on random giveaway websites or filling form for airdrops without checking multiple times. So we have to secure ourself with our wallet with doing safe activity on the internet.
it is indeed very difficult to happen if what happens is a personal wallet. In some cases I've seen, hacks happen to wallets on exchanges. while for personal wallets, of course, it is very rare.
like you said, it could happen due to user error itself. be more careful when using the main wallet to store our assets to join campaigns or airdrops.
sr. member
Activity: 1022
Merit: 252
Hmmm it's hard to happened if we save our key and seed well. Most people got hacked because of their own doing. They are sometimes clicking on random giveaway websites or filling form for airdrops without checking multiple times. So we have to secure ourself with our wallet with doing safe activity on the internet.
hero member
Activity: 2086
Merit: 562
Do not do that, you are the first person who actually notice and know if your trust wallet is hack or not, the question is, is your wallet is inaccessible if yes nothing to worry about that, there's a lot of email most of us received that our wallet etc are compromised , so they are offered solution, again, do not believe or click the link coitain by the email, because not only your wallet will compromise, even your smart phone or pc are at risk.
member
Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
Since i joined the crypto world i didnt face any problem regrading wallets but i see that many people lose funds...somtimes the situation is normal like when somone share his private key or back up phrase in a scam website...but lets imagine that somone open a nwe wallet on trust and start using it without even keeping the phrase...is there a way to enter his wallet and make transactions without even having the back up phrase?

Only people who are careless and doesn't know how to secure their wallet can have a possibility of losing their funds or wallet. Private key or back up phrase are very important things for your wallet, you should secure it and do not give to anyone or enter in an unknow site because you do not know what kinds of apps they have on their device that can hack your wallet.
full member
Activity: 2142
Merit: 183

Making transactions using the wallet only needs the password so yes you can make transactions. The only time that you need the seed phrase is when you want to recover the wallet.

But if someone says my wallet is hacked, I'm not sure I would believe it unless the funds are already gone. I may have to check the blockchain for maybe the wallet just got some issues that coins are not appearing on the wallet.
Trust Wallet can be entered if a hacker breaks into your e-mail. Thus, he will have access to all saved passwords, bookmarks, other synchronized academic records, and so on. Now I just click on the Trust wallet application and it opens for me without any passwords and this causes me some concern. Anyone who enters the wallet will have access to all created multi-currency wallets and all available cryptocurrencies and, if desired, will copy the keys in the form of 12 words. It looks like it's possible even if you won't share your private keys with third parties.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
I didn't get what is the question but it is not possible to hack a wallet without access to a private key or seed phrase. The owner of the account should activate additional security steps in order to protect the coins from hackers, the private key should be kept on offline storage.  Just don't download anything you have no idea what it is.

Private Key or Seed is the main things to protect WALLET. Who losses funds definitely i think they are victim by scam phishing sites where they imported wallet seed even a lot of newbies participating airdrop where asking to import private key. And you know where you store private seed it’s also very important.
Exactly, without the exposed private key Hackers can't do anything about public wallet address. Better be safe than sorry, otherwise loss can be uncoverable, IMHO.
full member
Activity: 1829
Merit: 134
Moderator
Since i joined the crypto world i didnt face any problem regrading wallets but i see that many people lose funds...somtimes the situation is normal like when somone share his private key or back up phrase in a scam website...but lets imagine that somone open a nwe wallet on trust and start using it without even keeping the phrase...is there a way to enter his wallet and make transactions without even having the back up phrase?
I have same case like that, i never share my private key anywhere from around 2017 and only using metamask but my wallet get hacked it's coming from malware on Dekstop & Android Device, i lost around $1500 from there and you cann see it yourself here 0x2D923A09Bf3110b21381A528552700531dE83F63 (Lost UNI & ETH), It's possible since there was some site that generating random Ethereum address with private key like ethdir.io but the chance was very small, Beside that trust wallet can be compromised if your android phone was hacked and monitored since everything you do on phone will be tracked even though it's hard, Well just be careful and use Change address for every 1-3 months, beside that never click any suspicious link. Good luck!
hero member
Activity: 2002
Merit: 535
Since i joined the crypto world i didnt face any problem regrading wallets but i see that many people lose funds...somtimes the situation is normal like when somone share his private key or back up phrase in a scam website...but lets imagine that somone open a nwe wallet on trust and start using it without even keeping the phrase...is there a way to enter his wallet and make transactions without even having the back up phrase?
Are you trying to tell that the scams are due to phishing sites and is it possible for someone to start a new wallet on trustwallet? and then why would you avoid taking the pass phrase back up. Basically you want to know whether anyone can enter your wallet like a magician without even having your pass phrase, it is almost impossible to get in without any information.
sr. member
Activity: 1610
Merit: 294
www.licx.io
he can still use or transact using the wallet on his cellphone but not if he uninstalls it or deletes the wallet because it doesn't save the recovery phrase, so the way for him to access it again is to save the private key or the phrase.
Yes, and if the private key or phrase isn't saved, then there's no way to access it unless he creates a new wallet on the same device and that obviously won't restore the wallet he's used before.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
Since i joined the crypto world i didnt face any problem regrading wallets but i see that many people lose funds...somtimes the situation is normal like when somone share his private key or back up phrase in a scam website...but lets imagine that somone open a nwe wallet on trust and start using it without even keeping the phrase...is there a way to enter his wallet and make transactions without even having the back up phrase?

Just like you correctly said, that the only way to get access to someone's wallet is through his private keys or backup phrase, which is also only possible if the person visits a scam website, use a clone or fake application or gives a scam website access to his wallet through connecting in DApp, DApp as seen in wallets like Trust wallet etc.
To the best of my understanding, these are the ways in which a wallet can be hacked. On the other hand, if a user fails to backup his private keys or backup phrase, he only puts himself at a very high risk of losing his assets which is only possible when he loses his phone; losing his assets in this case is, he won't be able to access it again.
So in order words, not backing your backup phrase do not give hackers access to a wallet but it places the owner at a high risk, which I explained earlier.
If you do not have a backup phrase of someone, you can't access the person's wallet.
I think most wallets like Imtoken, will always mandate the user to backup first before using the wallet.
legendary
Activity: 1946
Merit: 1026
In Search of Incredible
I mean if somone can get access to other one wallet without having his back up phrase...sorry for my bad explication 😁
You won't be able to access other people wallet without having their backup/recovery phrase. Though there is little possibility of accessing other user wallet by typing the twelve words recovery phrase randomly in trust wallet. But the possibility is almost zero to get the access of someone else wallet. Cause, everyone gets individual and unique backup phrase. So it won't be easy to get other people backup phrase by inputting it randomly.
legendary
Activity: 2982
Merit: 1069
It could be possible to be hacked if your device is rooted/jailbroken and it has some malware with root access. An app with click and over the app permission can initiate a withdrawal even without you knowing. Or even an app that could access your clipboard can change the copied address and send your coins to a different address than you intend to. You need to be extra careful while using a rooted phone.
sr. member
Activity: 1680
Merit: 259
when making transactions I think there is no need to use a spare phrase. because the backup phrase is just to make a backup in case you are going to move it. To keep it safe then you should really save phrase seeds, plus if you have a lot of assets in your wallet, it is very important to save recovery seeds.
maybe if you don't save the wallet recovery seed, at least your assets should be sent all to the new wallet that you have saved the backup seed.
sr. member
Activity: 2366
Merit: 366
No, of course not. There is no way anybody could just access your wallet like that. Don't ever believe to people saying your trust wallet is hacked. Just make sure that you didn't share your seed phrase to anybody.

But I'm wondering why you didn't keep the phrase with you. It's actually all that you need to make sure you really have your coins with you whatever happens.

If you happen to create a new wallet next time and decide to save the seed phrase, the best way to save it is somewhere you do not connect online.
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
I guess you can trust him if he really can't re-access his account if he logs out of the device, but if the account is still there he can back up the wallet password at any time, and is only asked to enter the password that was set the first time the wallet was created.
hero member
Activity: 2254
Merit: 658
Looking for gigs
Why would it get hacked if you are the only one who knows your backup seed phrases? I honestly do not believe in such claims that our Trust Wallet would get hacked unless you are dumb to give him your seed phrases or just getting misleaded in an unsafe website where it asks you to “recover” your Trust Wallet by asking your seed phrases. Just don’t fall for it. As long you have your seed phrases, you are good.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
For me, we cannot rule out the possibility of hacking if the user is careless about keeping the information of his or her wallet. The hackers are very creative right now in way of determining seed phrases and passwords and appying social engineering tactics in order to pull any information about these person's information. I mean information is power right now and if you are not careful with the way you secure your information then you will be susceptible to hacking.
You are right hackers have evolved with the technology but the problem OP has shared is weird and confusing. He says is it possible to make a new wallet within trust wallet and without saving the private key is it possible to log in? I don't think it is possible to login if you forgot to save the passphrase.

@OP You need to clear the question because the title is pointing towards a third person, it sounds like someone is making you believe they got hacked. While the thread content makes me feel like you are learning about the trust wallet operations and whether one should save the private key or not. If you are in the dilemma of whether to save the passphrase or not, please do it because you cannot recover your coins in case you lost access to the wallet.
Pages:
Jump to: