Topic: Wallet hacking is it possible? - page 12. (Read 29714 times)
Yes. I think it is possible. A purse may have vulnerabilities and someone may exploit this vulnerability and crack a wallet. By this, I think that cybersecurity audit is important.
Of course, over time, everything is possible. I think that there are no such wallets that can provide 100% protection. but we still need to believe in Bitcoin!
I think it's possible to hack into your wallet, but it can be either accidental or it can take a long time to find the password from your wallet using a computer that will retrieve it
I wouldn't be concerned about bruteforcing a private-key... it would literally take an eternity.
The real threat is malware (and maybe phishing-websites but I wouldn't call that "hacking").
I think it's possible to hack into your wallet, but it can be either accidental or it can take a long time to find the password from your wallet using a computer that will retrieve it
Everything is possible, especially in the 21st century. I really do not know how to protect your computer at the moment, because even if such giants as Binance could be hacked, imagine how easy is to hack a regular ERC-20 wallet or desktop wallet. I have an antivirus software, but I am not sure if it is going to be enough.
I think everything is vazmozhno. It depends on which wallet you choose. I think so far only mobile wallets can suffer from direct hacking. Because they usually go through the mail with a password.
ALL wallets are vulnerable to hacking in different ways if they are not setup and used correctly..
It sounds like you are talking about a web wallet, a wallet on a website.
These are very vulnerable to hacking just the same as exchanges are. They can be hacked by hacking the website itself, ot hacking your computer to get your login details, or phishing you..
They definately are NOT unhackable..
Then you have desktop and mobile wallets..
Besides possible volnerabilities in their code they are only as safe as your device.. So if they can hack your device they can get your coins..
Even if you encrypt the wallet they could still get you with a keylogger or something..
Your device's security is in your hands..
Then you have "cold" wallets.. They can be quite unhackable if done right but you have to do them right..
If your seed or priv key are saved on a machine that the internet can touch, then they are hackable..
If you create them on a machine that was possibly infected or connected to the internet, they are hackable..
They are only unhackable if done right..
Then their are hardware wallets like the ledger and trezor..
Unhackable you might say right?
Well probably if you save your seed offline like write it down on paper, but if you save your seed in a file on a computer that is connected to the internet they can getcha....
Also, a lot of people STILL get hacked using these by trying to claim forks with scam wallets!!!
So you still have to watch what you do..
My choice is the Ledger hardware wallet but I am still very suspicious of the chrome app, and it needing "updates" all the time spooks me..
Seed written on physical paper..
It sounds like you are talking about a web wallet, a wallet on a website.
These are very vulnerable to hacking just the same as exchanges are. They can be hacked by hacking the website itself, ot hacking your computer to get your login details, or phishing you..
They definately are NOT unhackable..
Then you have desktop and mobile wallets..
Besides possible volnerabilities in their code they are only as safe as your device.. So if they can hack your device they can get your coins..
Even if you encrypt the wallet they could still get you with a keylogger or something..
Your device's security is in your hands..
Then you have "cold" wallets.. They can be quite unhackable if done right but you have to do them right..
If your seed or priv key are saved on a machine that the internet can touch, then they are hackable..
If you create them on a machine that was possibly infected or connected to the internet, they are hackable..
They are only unhackable if done right..
Then their are hardware wallets like the ledger and trezor..
Unhackable you might say right?
Well probably if you save your seed offline like write it down on paper, but if you save your seed in a file on a computer that is connected to the internet they can getcha....
Also, a lot of people STILL get hacked using these by trying to claim forks with scam wallets!!!
So you still have to watch what you do..
My choice is the Ledger hardware wallet but I am still very suspicious of the chrome app, and it needing "updates" all the time spooks me..
Seed written on physical paper..
This is probably the best answer to anyone that is looking to know how to secure their digital coins. Cheers
Of course, breaking the wallet is possible anyway. If hackers broke into a well-protected Binance exchange, it is so easy for hackers to crack any user's wallet.
stating the fact, it is very possible and has had several occurrences on the said topic matter as people have fallen for it and I for one have also fallen for wallet hacks.. It is true wallets can be and have been hacked but it is not the blockchain that was responsible but human error
Right, the mistake lies in the guilt of the man himself, if we do it well according to the rules given and don't make mistakes about things being careless I think it will be safe
Everything is possible on the internet. Even binance who claims to have a more secured exchange platform was recently hacked. The best way not to lose all your funds when your wallet gets hacked is to store your assets in different wallets
A wallet can be hack if you visit a site that has phishing and enter your private key or share your private keys to someone, you need to be careful in filling up any forms, because hacking begins when you share your private informations to them.
stating the fact, it is very possible and has had several occurrences on the said topic matter as people have fallen for it and I for one have also fallen for wallet hacks.. It is true wallets can be and have been hacked but it is not the blockchain that was responsible but human error
Hacking is possible if the user of the wallet does not follow the rules for storing their data and creates a vulnerability. If everything is observed, hacking is almost impossible.
Of course possible,as has repeatedly been the case when he hacked the wallets are not just ordinary users,namely the exchanges even,so Yes today, the area is not until the end samisen,and should be maximum to prevent your computer,podozritelno sites not to go,and does not store any keys and passwords on the computer
It is very possible and this has happened for a long time and I myself also experienced where I got a big loss when I was wrong in choosing a wallet. this is a big disadvantage because indeed something like this should concern many people.
The wallet can be hacked if you store it on your computer. It is better to store the password from the wallet on a flash drive. You can print the password and wallet, but it is not convenient. Hackers hack the exchange, what can we say about the wallet.
Even Binance exchange wallet is susceptible to hacking not to talk about personal wallet, only wallet that you control the private Key and you did not click on phishing link nor share your private key will not be vulnerable to hacking
It is not much different from fiat currency storage sites that are very likely to happen hacking. In crypto currencies, the risk of hacking is greater and very easy to hack if we are not careful. All the crypto currency controls that we have are in our own hands so we have to implement complete security procedures if we want to avoid hacking. I had never been a victim of hacking but my friend had experienced it. My friend became a hacking victim because the notification of his wallet via e-mail and e-mail forgot that no security was provided so that all information about the wallet was forwarded automatically to e-mail hackers. Because the law regarding crypto currency hacking has not been tightly binding so my friend cannot get compensation.
Wallet hack 
In my opinion, hacking a wallet is not possible unless it is successful in getting a private key.
because in many cases the hack wallet is not directly hacked directly, it is exposed to email phishing or spam sites that make users give their private keys for security reasons.
In my opinion, hacking a wallet is not possible unless it is successful in getting a private key.
because in many cases the hack wallet is not directly hacked directly, it is exposed to email phishing or spam sites that make users give their private keys for security reasons.
Hacks were common with cryptocurrency, because whenever the market is on the uptrend it easily gets into the view of hackers. They'll try much harder to make a breach into the wallet through the possible ways. The recent hack on Binance is an example for the same. On the above it is our responsibility to keep the funds safe with all the security features enabled.
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