Wallet hacking is it possible? - page 59.

Hammerman

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Quote from: niky on September 19, 2018, 03:48:49 PM

Just like an account where one's fiat currencies are kept so also is wallet where digital assets or cryptocurrencies of crypto lovers are kept. Can the wallet be vulnerable to hacking and if possible how can that happen? If you have experienced it before, I want to learn from your experience.

Many ways to hack your wallet. This is both malicious software and fraudulent links ... But most often people lose their coins because of their own mistakes. It is necessary to carefully keep your private keys. The best way to date is a hardware wallet. It is not expensive, but reliable enough.

xhibit1

newbie

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yes definitely, wallet hacking is more than possible. When you loose guard of your private keys and mnemonic phrarses, hackers will find a way to get into your wallet and move your funds.

D3m1r4wanti

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Quote from: niky on September 19, 2018, 03:48:49 PM

Just like an account where one's fiat currencies are kept so also is wallet where digital assets or cryptocurrencies of crypto lovers are kept. Can the wallet be vulnerable to hacking and if possible how can that happen? If you have experienced it before, I want to learn from your experience.

Crypto currency circulation using the internet network, this is very likely hacked by hackers. I've experienced theft of tokens in my wallet.
and I can't do anything about the incident that I experienced

iTradeBit

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Of course it is. There are some way to avoid it.

yslyv

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i know that any software can be hacked. anything is possible. but there are ways to reduce this possibility. you should use a non infected computer. you should connect to your private lan, not public ones. you should use a hardware wallet to store your coins.

adarwis

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I still haven't felt such an incident and hope I will never, because it is very detrimental if the coin we have disappeared, I heard the problem of some people whose wallet was hacked because they accidentally displayed or sent their private key while participating in the campaign, my advice we must be careful in maintaining the privacy of our wallet from others

SilverCup08

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Blockchain technology brings the user safety features, that make it difficult for thieves or hackers to steal money. Digital currencies come wrapped in safety deposit boxes, which are called wallets. The question that arises, is whether users can operate wallets themselves or if they need to trust a third party to do it. In most cases, people select the latter option. Several third-party services are available where you can store, send or receive digital currencies in just a few simple steps. It’s a sensible option as, digital wallets rely on advanced security features but then it's is the right and wrong choice of a third party that will put your cryptos at risk of being hacked.

The other option is acquiring a digital wallet for yourself. This requires every user to keep track of two important keys, the private and public key. Think of a public key as a safety deposit box, where you can receive or store digital currencies, and a private key is a secret way of opening that box. If you lose your key however, then you are most probably going to be prone to hacking. The choice is yours to make.

shencaiha

newbie

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Yes, wallets can be hacked, but I've never had anything like it. I found out on some websites that someone's wallet had been hacked. Hackers can find another way to get their wallets, often via phishing.

chikucrypto

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Hacking is a big problem so i think if you have Erc wallet and have private ken there is very difficult to hack your wallet but i must say you have very care full about your wallet.As the technology is developing you have to more need to aware about hacking.

dgoswami12

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Quote from: niky on September 19, 2018, 03:48:49 PM

Just like an account where one's fiat currencies are kept so also is wallet where digital assets or cryptocurrencies of crypto lovers are kept. Can the wallet be vulnerable to hacking and if possible how can that happen? If you have experienced it before, I want to learn from your experience.

If you use any web wallets which you create by using username and password are easy to hack rather than wallets which you hold private key of. It is Actually impossible to broke ones private key. The exchanges are also most prone to hacks . The safest option is to use a hardware wallet but people like me who cant afford a hardware wallet atleast should have use a wallet which gives users control over private key

enta2k

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The Future of Security Tokens

Theoretically this is possible, but it is very difficult, if you take all the security measures and use proven wallets

suryogandul

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Hacking wallet still happens even though the frequency of occurrence has decreased significantly, we must be able to maintain the security of our own data with a protected network connection

ukboss

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Obviously, wallet hacking is possible. In a couple of months ago my Ether wallet was hack. There is lots of people face this problem but if you use digital Technology so you can protect your wallet for hacking. If you want to protect your wallet so you should need to use hardware wallet because hardware wallet is very safe and nobody hack this wallet. Already my ether wallet was hack so I’m very afraid with this matter.

dodgecharger

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Quote from: niky on September 19, 2018, 03:48:49 PM

Just like an account where one's fiat currencies are kept so also is wallet where digital assets or cryptocurrencies of crypto lovers are kept. Can the wallet be vulnerable to hacking and if possible how can that happen? If you have experienced it before, I want to learn from your experience.

The wallet of the cryptocurrency is safe unless you reveal the secret of the wallet yourself. For the security of your wallet, it is best to write the key down.

reijusama2583

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Quote from: niky on September 19, 2018, 03:48:49 PM

Just like an account where one's fiat currencies are kept so also is wallet where digital assets or cryptocurrencies of crypto lovers are kept. Can the wallet be vulnerable to hacking and if possible how can that happen? If you have experienced it before, I want to learn from your experience.

Yes it is possible if you gonna encounter a phishing site because there is a lot of scammer right now even the site has been already a scam if they registration on a certain site need you key in your wallet and you just only trusted that site it can be because there are some that is phishing where in all you identity and others can be gathered and stoled. That is why that is possible that account can be hacked. Just be smart all the time and always research.

goku1525

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Quote from: Scientest on September 30, 2018, 12:42:37 AM

Both of those hacking are possible. Couple of days ago, I have heard that some fillipinos have hacked sum $900 million or something like that was hacked from US bank which was owned by Bangladesh bank. Also, hacking in crypto is also possible. So, you can't be safe 100% anywhere.

You're right, either bank or wallet hacking are automatically is in risk because this was running through technology which IT's can diminished earning. In fact much better here in crypto , because we can registered more account and can easily transfer anywhere but in having a wise perspective.

Teal Deer

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It seems to me only new wallets that are not yet recognized by society can have some vulnerability. Typically, these vulnerabilities are addressed over time. I recommend that you use hardware wallets to store your digital assets. The choice is huge now. Personally I like ledger nano s

Scientest

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Both of those hacking are possible. Couple of days ago, I have heard that some fillipinos have hacked sum $900 million or something like that was hacked from US bank which was owned by Bangladesh bank. Also, hacking in crypto is also possible. So, you can't be safe 100% anywhere.

nasipadang

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Quote from: niky on September 19, 2018, 03:48:49 PM

Just like an account where one's fiat currencies are kept so also is wallet where digital assets or cryptocurrencies of crypto lovers are kept. Can the wallet be vulnerable to hacking and if possible how can that happen? If you have experienced it before, I want to learn from your experience.

It is indeed possible that I think what is often experienced by users is a phishing site where they create fake sites that are very similar to the original site, the events experienced by the ethe myetherwallet platform can be an example for you, the most likely hacking is to trick you into asking for privatkey your wallet.

airdrophunter

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The Exchange for EOS Community

Nothing is impossible to hackers as long as you're careless and not giving attention to keep your wallet secure from them. Being vigilant is key to prevent them from hacking your wallet and that proper security measures are observed all the time.

Topic: Wallet hacking is it possible? - page 59. (Read 29689 times)