Bitcoin Forum

Guys…

I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?

You don't. Hacks target the exchanges wallet by finding exploits and not the user accounts separately. If you want your funds to be safe, use exchanges for trading only and withdraw to your personal wallet.

There are measures like 2FA, strong passwords. But I seriously doubt that it can deter hackers from doing their thing. This is like a cat-and-mouse game. The people with Coincheck is that they didn't store NEM offline. That's a big no-no as far as security and protecting the funds of your users. Crytocurrencies are really susceptible and vulnerable to such attacks. However, based on my experience, I usually don't store huge amount of money on a exchange. I withdraw to my wallet where I have total control, I only let it sit few hundreds on a exchange for trading purposes only.

I love it when people say this. How the heck do you 'trade' if you keep your coins in the wallets... You don't.

IF you're holding, then yes, keep it in your wallet. If you trade it makes no sense.

What I meant is do the trade and withdraw instantly. Exchanges were created for trading and not for holding your funds. Unless you are day trading, I see no reason on why you should keep your money on an exchange for a anything more then a few minutes. Trading with individuals on forums etc. is another option to avoid using centralized exchange.

hack is not a good way for you to get the funds. this is one way to destroy your wallet ..
for the security you can exchange and trade token and you can save in your personal wallet this is a safe way to trade.

How do you know that this isn't inside job?
In my opinion if hacker steal money from exchange it is not your problem and they have to pay back whatever users lost.
Your money is safe only in your wallet and if you are trader you agree with risk that you might lose your funds. Remember that.
What about people who are using bots? They can't really stay off exchanges.
Trading on forum also has certain risk, less options, less traders and lots fees, right? Pay fees, pay escrow, what if escrow runs away with money? Or dies? I am not saying it will, but lets look at all possibilities.
You should be permanently banned.

Yes it is basic knowledge. We must keep the amount we have on the exchange to be able to trade. sometimes some exchange does not offer good security features and even the exchange can make an action that is not commendable by taking over the account we have. every time we entrust the amount we have on the exchange then we must be prepared to face the bad risks occur. Security is only guaranteed when we can save the amount we have on personal wallet, especially is an offline wallet that has a private key security feature. Each coin must have a wallett official and it is the safest option to date.

I'm a FIRM believer that it is ALMOST ALWAYS an inside job when any place gets 'hacked'.
I lost a bunch when BTC-E fiasco went down, turns out it WAS BS reasons like I said from the start, not what they claimed.

As far as I know the management involved still has hits out on their heads (they walked away with a few hundred milllion in USD).

That's why even if you're a trader or long-term holder then you should not put all your funds on a certain exchange/web wallet, don't invest/trade what you can't afford to lose. Because any sites are too vulnerable to hacking.

This might be a good option but be careful and be aware to whom you trade with, use an escrow for good.

Should I say an exit scam.

This is why all exchanges have their privacy policies and terms reflect that they are not responsible for any outside breaches made to their networks.

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I think we're at a pivotal moment where a lot of the new adopters of crypto trading don't have a clue what Mt. Gox was. I love when people criticize the people who advise others not to keep their money in exchanges. Just because an exchange offers 2fa options, and verification on your account, doesn't mean that they can't get "hacked". Like so many others have said, I also believe that anytime an exchange gets "hacked", it's just an inside job for the devs to make a few million bucks. And for reference as to why a lot of early adopters ALWAYS recommend pulling your money out of exchanges (outside of trading), here's the wiki link to Mt. Gox: https://en.wikipedia.org/wiki/Mt._Gox

And for the record, another coin theft just occurred by Coincheck, and the value of coins that were stolen is confirmed to be more than the Mt. Gox incident. Again, another exchange "hack": https://www.coindesk.com/coincheck-confirms-crypto-hack-loss-larger-than-mt-gox/

Become a hacker yaself!

G, I should have learn programming back in the day!

As long as you follow the rules there is simply no reason that somebody would be able to hack your wallet.
Most of the hacks targets online wallets, which means- wallet like blockchain.info, that can be hacked through obtaining your username and password only( unlike wallets like electrum.org that are based on your computer, and they will need to have an access to the actual file on your computer to get an access to the funds), and exchange wallets(usually finding an exploit on the exchange may let the hacker withdraw all the coins available on the hot wallet).

If you store your coins at home on a cold wallet, there is no way that someone would be able to obtain your coins.

No need for that. Launch an exchange, pretend that you lost x amount of coins due to a hack that happened a while ago (which gives you enough time to get rid of taint and whatnot), and there you have made yourself some quick bucks. For that reason I see operators perform an inside theft more as a serious problem than hackers. It's far too easy to walk off like nothing has happened, just like Bitfinex managed to do -- after them having compensated people on a fiat based value, people suddenly started to make use of that exchange again.... At first they were talking about how they would never make use of that exchange ever again, and now it's all fine....

Ha, very interesting!

Or open some shell bs like Changelly instead and rake some money! ☺

The security problem bothers me too much. but we are in the 21st century. we are moving into the digital economy and the topic of security will be even more acute over the years. People need to become more literate in terms of security.

why you save your money on exchange site? (besides hacking) some sites can stop your account without any reasons.
Some of the exchange sites are Scam, a High fee, and many docs.
use some wallets like electrum and exodus. Only use exchange sites for trading.

it's important to have a strong and unique password. If the password is not strong then it is very easy for hackers to guess your password with brute force. Or we can use the password management tool.
For me it's safe to secure my account and wallet.
But I think there is no absolute security, can only minimize the occurrence ...

Maybe there is another better way, please tell me ..

People (including myself) should stop using centralized exchanges, so they won't have to suffer from these 'hacks' anymore. I do some occasional slow trading, which quite often is being referred to as buy low sell high trading.

As soon as I have bought the coins, I have them directly be sent to my personal offline wallet. I will not leave any coins on an exchange while sleeping, that's something I have promised myself.

The only thing I do have left on exchange is fiat. I fully accept the risk of what might happen when an exchange goes down or gets hacked and gives all accounts with balance a fresh haircut ~ my coins is were the priority lies.

Exchanges aren't really that secure. What if the hacking incident was an inside job having strong security (2fa) and passwords is no help to us.

The only solution to avoid this is already said by Omega which is to withdraw your funds when you're not trading. If it's expensive to withdraw convert them to altcoins so fees won't bother you. Doing this on a daily basis could be frustrating  but at least your money is safe from the hackers.

This thing cant really be avoided but somehow as an investor or trader you can able to prevent yourself on such loss incase theres an exchange hack. These kind of incidents are common specially on exchanges which is the primary target of hackers since they do know the honey pot of gold is on there this is why they do seek ways which would exploit the wallet and if a certain exchange do have weak security regarding on these attacks then they are highly vulnerable into these attacks.This is why never put huge amount or money that you cant afford to lose in exchangers wallet anytime.Risk is always there.

It wasn't really an issue a few months back until the ICOs weren't geting hacked.

Now, facts like 20%-30% gets stolen from the ICOs is alarming and makes any kind of investment very risky.
Recently, there was a $400 million hack related to crypto currency, this only discourages the new users and keeps them away from trading.

i think there are still risk of your coins getting stealed by someone even if you put it in a safe wallet, how? by directly getting an access through that device you use in accessing those wallets but atleast it is more safe than storing it in an exchange.

The best you can do is make sure not to use exchanges as holding wallets. You put your own money at risk by doing this, and doing this will also probably end up drawing more hackers towards exchanges. If they know that people actually do keep their money on exchanges, they'll just continue to try to steal it.

It seems like exchanges really need to get their game up. They've been getting hacked (at least the smaller ones), people have been losing money, and some have been ghosting people's trading accounts. Something needs to change about this.

If your money is on an exchange then you're doing it wrong. Cryptocurrencies are there own banks on your computer or phone, so why would you ever let someone else hold your cryptocurrencies? I understand when you're first exchanging funds but once that's all said and done you really need to get everything out right away. Hold your own private keys because you're a far smaller target than a big exchange.

I use local online wallet that requires 2FA, strong password and email verification which is too time consuming to opening it. But it's alright as long as it safe. But usually, those kind of security is not totally 100 percent safe as an IT man. So I need to divide it ( my btc and other kinds of token )  just in case some hacker attack to minimize the casualty. Mostly, hacker attack those wallet that has a huge amount of money/token.

It is time that crypto user should switch to decentralised exchanges,it is also true there is no such technology that can not be hacked but decentralised nature can minimise the chances by avoiding loop hole in tech.nowdays,hackers are targeting crypto other than other services so it high time to switch to decentralised and better tech.

Don't ever store your cryptocurrency on exchanges it can be hacked or closed any time. Always store it on your wallets. Move your coins from wallet to exchange when you are going to trade. Once your trading finished move your coins back to wallet.

Etherdelta has been hacked recently which is decentralized exchange.
I am sure someone lost money like that already. Sending funds to exchange and exchange got hacked. Chance for that to happen is slim, but still, there is a chance.

before coincheck got hacked there was several big exchange got hacked too such as bitfinex and cryptsy and in my view nobody can ensure our funds will be always safe in the exchange because big exchange always be targeted by the hackers but maybe to avoid those situation don't save the funds for long term at the exchange maybe good option

Digital world comes with this kind of risks. Exchanges should deeply invest into security and that should their prime concern. Yet, the hacking risk can only be minimized and cannot be zeroed.

Even Etherdelta is a decentralized exchange doesnt mean its not prone to attacks which we have seen DNS hack to ED which causes for those people who logged in their infos and hacker did access into those wallet which did result huge amounts being stolen. This problem isnt really surprising though we do know how valuable those coins are and hacker will always find away on bypassing any security into those exchanges.

Don't keep your valuable coin which you want to Hold on Certain period in any exchange website, just add those coin which you want to trade or buy for that purpose, keep your Valuable coin on personal wallet like Myetherwallet,metamask, etc, you also can save your coin on nano ledger s.

This is why I don't store my coins on exchanger anymore I don't trust anyone to hold my coins. Honestly, I'm also a member of exchanges yes i do trading but i never store my coins for a long time once I got profit I immediately cash out the balance, it is too risky saving your balance in a centralized exchanger.

This is one of the reasons why personal wallets was created in order to avoid this hacks, we know that exchanges are not absolutely safe even if you put 2FA authentication etc because if a hacker can easily access the system it is easy for them to steal crypto inside those exchanges.
atleast coinheck release a statement regarding this and they say that they will pay their users affected by this said hacks.

Hacking is a big problem, but if you have anticipated it, then everything will be fine. Do not put your money / coin on exchange (do not make an exchange is a wallet), just use the exchange for trade and then you can keep all your coins in the trusty wallet and have been recommended by many users here.

What I do: I set a "threshold" at exchange's balance. Let's say I start trading with 0.01 BTC. I keep trading and I let this money there without worries (it's risky, but I choose to take it). Once I hit my set "threshold" it's time to withdraw. If you are too afraid, split your coins among some trusted exchanges or always withdraw your money after a day work. These hacks rarely happen though.

Each one has his own strategy to store money, try to find the best for you.

Your coin is not safe on exchanges. As what they say, if you don't have the private key of your coin then it is good as not yours. There is always a possibility that exchanges can be hack that's why if you are trading actively then store only in the exchanges your coins for trading and those for long term store it in a hardware wallet because we never know what will happen so we should just secure what we can. Always have 2FA activated so that the hackers cannot easily access your account and always check the URL if it is the right address and book mark it so that there is no need to search in google the next time.

While I am happy that reimbursement is going to take place, I find it a bit weird to let them walk away with things so easily. If you can fake a hack as exchange, and then always have the option to just choose to pay back the debt as result of that, it grants you too much free game to instantly grab/steal loads of more funds in the future. An exchange, regardless of its size, should never have that many coins sitting in hot wallets. If they do leave hundreds of millions in funds in their hot wallets anyway, then it's a very shady practice. It can't even be seen as incompetence anymore -- NiceHash did the exact same thing before getting "hacked".

Dude, here i have few important points i went through. These would surely enhance your knowledge on securing your wallets from hacking. Please get into the link below;

http://bitcoinist.com/secure-cryptocurrency-wallet-16-simple-tips-beginners/

Blockchain can help preserve ur coin without hack. U need a good coin platform !

That is  not a 100 percent sure, cause hacker is has advance apps just to hack your verification email or even you own computer as well. They don't need to know you, just wrong click from you and it's the end of parade.

no matter how strongly any security code based on digital is easily exposed to viruses or hacking. so you better always save your money and if you do not trade

Best case scenario is store your all coins in hardware wallet or offline wallet. Exchanges should use only for trading.   

I got a little bit scared. You know, hackers are some kind of virus that once you get entered into, it is difficult to get cured unless you have this antivirus with you. Even government sites get hacked, what do we expect. This is the only non economical threat on the digital currency and it is possible that we can be hacked too. This is why i try to withdraw a portion of my money and convert it into fiat for safekeeping. Whatever happens to my account, i got reserves. Though most of my capital are being saved, its a lot regretful if its hacked. Better be alert and smart everyone. Keep your accounts secured and triple private it.

Don't store your life savings on exchanges, it isn't safe if all of it is placed there.It's a web wallet so still we are not sure of on how hackers can penetrate backdoor.
After the hacking incident, a good news went out Coincheck promises 46bn yen refund after cryptocurrency theft. (http://www.bbc.com/news/world-asia-42850194)

Yes your are right but no one can give 100 % assurance to any wallets but prevention is very important for all bitcoin holders so choose the correct wallet make more security on your wallet it will reduce the hacking opportunity on your bitcoin Wallet .

Even an exchange is registered to their local government, it has been trusted by too many traders, you don't know when hacking will come to them.

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Keeping it with trezor or nano will be the best choice.

Yes, storing all the coins in the cold storage is a very great idea to safeguard the coin and stay away from unwanted attacks of the hackers.

As the value of the cryptocurrencies market is increasing every day the risk of getting hacked is increasing day by day and more and more hacker are getting attracted to the crypto market. I think the security should be increased and the users should also take care of their funds in every way they can.

As users suggested to be on the safer side it is good to use exchanges only for the trading purpose. During other time it needs to be withdrawn to the wallets, this will ensure high security on our holdings than leaving our tradable assets for a longer time period into exchanges.

Not everyone has the opportunity to use offline wallets, especially those who are in sight tend to use online wallets. Also, the hardware wallets do not have a hacking privilege. So a virus entering the hardware, and may control the wallet.

We can never under estimate the power of hackers and there is nothing to deny this fact that some of the hackers are having this much of skillset that they can really do anything which they want to do. their hacking skills can for sure put the investors of crypto coins in a great trouble as if they managed to get access over their wallets, then they will be able to get all their crypto coins without any difficulty. So we need to be well aware of the activities which are going around us.

Yeah but FUD/FOMO is worse than hacking  :-[

Better keep your coins in cold storages. No need to keep at exchanges or online wallets unless you want to trade. Its too risky

Really it's bad News that many hackers steal bitcoin, ETH. I think think it's the only one problem in online currency market place

Every day I find information about hackers stealing assets of investors. When the cryptocurrency market is bigger, this is the target of hackers and scammers. Because most coin is anonymous, when assets are attacked and stolen, it is difficult for them to get it back because there is no authority to deal with it. To protect your assets I think you should secure your account very well by 2FA, can use the hardware to store coin, keep private key very carefully.

Its hard to say that all the exchanges is really safe because we cannot control people from that entity there might be an inside job or what but we must be very careful. Hackers are always be there specially in this market so in order for us be safe try to get some of your profit in a safest way which is the fiat money, secure some profit. Always careful on clicking things, don't give any information that you think should remain classified specially to strangers. 

Well I get his point. It is true that it is much better that if you are not going to trade your coin, then its better to encash it and save to your official bank account. To secure your money from the unauthorized personnor hacker. You can just hold your coin in the wallet only if you do trading because it is the usually needed.

The is answer is no. You can't really ensure that your money is safe in exchanges cause hackers find vulnerabilities in the system and exploit it even if you have strong password, two factor authentication there's no point once the system is comprised. So the only solution is to trade to some reputable exchanges and quickly do trades and withdraw funds to your wallet.

This is a really big issue when it comes to online currencies. Every process is a risks and online hacking is not easily tracked even by the government. You must be careful on what you're going to do online especially when filing information online and even downloading stuffs. Anyone you can be possibly monitored and can be used for hackings.

I don't think it is not a big problem because we have to use exchange wallets only to store small amount of funds,if we use huge amounts there then it is going to be a big problem.The exchange wallets are really not safe hacking is possibility so we need to keep our funds in wallet with private key access.Traders need to be very careful because they are going to be affected by the hacking.
Now that hacking makes another panic situation around the investors now again the prices are falling.Hoping to see a positive price movement soon.

hacking is a big enough issue, of course I would not feel safe for any wallet storage, they have various ways to be able to access his victim's wallet, I guess we should not be careless for every step that must be done to prevent bad actions happening on self You, always check the places and sites you want to visit, because not a few fishing sites

Yes, problem for the traders who are all making use of the exchanges at its purposes. Hacking will be a very big problem for those who are all using exchanges as their wallets. In the past we have had so many exchange hacks incidents and if we do not learn any lesson from them then there will be no meaning of actively engaging in discussions with this forum.

I remember there was one long discussion about how to avoid exchange hacking problems and from there I have learned many tips on effectively making use of exchanges.

Well there should always be a legal action that have been done for those people who will caught for hacking an account. So that , the number of hacker will decrease because they will be afraid to face in the court and being guilty in hacking and stealing money from the other.
Hacker should be taught a lesson so they will not do it again , and no one will be a victim.

I also used etherdelta for exchanging my altcoins. But my currency are not hacked. I guess if you are using in any exchanges, you must withdraw right away all your coin and keep in your wallet to avoid being hacked.

If there is one big war the cryptocurrency world is fighting now then it definitely has to be hacking and domain hijackers

Hacking makes many afraid about the investment and soon we can see many security features will be released from the companies. So for that we have to wait already hacken company is doing their best to support the companies, who makes partnership with them.

this is a big problem, but how can we, be careful choosing a place of payment, find a trusted site for your swallow safe.

3 things you should do:

1. Password make it as complicated as possible.
2. important key computer files with complicated passwords.
3. privacy of all your files into the file ofline and password key. or place the file on your finger shirt.

So much from me, thanks.

Recently somewhere I heard that the hackers got to the cold storage wallets ,such as: ledger's nano and some others.Perhaps it was the accomplice ,updated the wallets that were not purchased on the official website .and at various venues.!!be careful if you buy a purse.

There is no safe coin in exchanges, if they get hacked and lost the cryptos stored in their exchange i think that's it, all we can do is to move forward and continue with our lives unless that said exchange will refund the investment lost.
that is why i suggest storing in personal wallets for long term hold is better and move it in exchange if you will trade it.

Yes that is true but in every problem there is the solution and by that happen we become matured and serious about our account we become careful in every move. we will not allow any body to grab our account by being careless.  and bitcoin trying to do everything just to make sure our account are safety but the hacker will do everything just to get our account and money that we invest. We can also help the bitcoin to stop them by not welcoming any site that inviting us to join their site to invest money but not legit.  they make promised a big money return. learn be satisfied what we have and make treasured our account. and the important is we earn money and meet our needs. just be patient and become steward in our blessing.

Actually hacking has created a havoc and huge number of people do not want to enter this space because of the danger that they may lose out the money as they keep listening that even the best of the exchanges are getting hacked or they are doing in purposely that is a different matter but at the end of the day people lose their hard earned money and thus this is a larger cause of concern in this crypto world.

Is amazing how these companys ain't checking security flaws daily, we should know if we don't have the private keys of our coins we don't own em.

Trading exchange plays a very critical role in deciding whether all, your money and crypto coins will remain safe or not. All the hackers which are there in this world are trying their best to grasp as much crypto coins of others as they can.

So you need to be very much careful and do not give them such kind chance that they find any such weakness or vulnerability exploiting which can result in loss of your crypto coins.

That's sounds really a big threat, I think for so on will be more and more hackers who're continuesly trying to take a money from our wallet and not just in the exchanger only I guess. Yeah essentially we must really have to strengthen the security of our wallets on the exchanger site/wallet site, antivirus's software is very important to install to our PC.

Prevention is the only way to make safer your wallet and exchanges if you are in  carelessness your bitcoin is easily hacked and bitcoin is not a real money you can see it only in online so be secure your wallet and don't share your wallet details with your strangers it is highly risky for you.

Hacking and robbery are the big problem to solve in the future regarding crypto. The recent news about robberies are alarmimg. If we think that each person with crypto is a bank with legs, than the robbery market increased a lot, because today is no longer need to rob a bank, better know who owns crypto and steal that person, less dangerous and risky to thiefs and equally if not more profitable.

you are right. And If someone puts a gun against your head i think that are no passwords and 2FA tricks that can resist to that....

If the computers are poorly managed, they are vulnerable to attacks even by amateur hackers. As the technology advances, hackers are also become more high tech and sophisticated, and they are hard to control unless stronger measures is pursued against them.
There are some effective to avoid being hacked by strengthening your passwords, fortifying your devices with 2fa and always look out for any malicious links or activities like phising sites.

If you refer to the latest articles, then it's obviously the stupidity of people feeling the need to brag about their crypto holdings that puts them in such situations. People are not willing to talk about their fiat wealth, and find it even rude if someone is asking how much they have on their bank account, but when it comes to crypto, they are all open about it. Some are even so stupid, that they mention how much they have made in the last years on social media platforms as Facebook, where in their picture gallery there are pictures of their house, family, location-tied posts, etc. If you are looking for problems, then this is definitely the path to follow. How hard is to keep your mouth SHUT?! ::)

There is nothing you can do, once you money is in an exchange your money will be as secure as the security measures they have implemented, this is why it is a great leap of faith to leave your money in an exchange, a hacker is not going to target someone with a low amount of coins, they will target sources with a lot of coins and among them exchanges are the primary target.

The more the cryptocurrency will rise,  the more the hackers will also try to rise. No one is safe from hackers , but we can at least do our best to avoid them. It is true that your wallet can get hacked , and that is something you can't do anything about. But , what if your own pc get hacked? well, that is something we can avoid. Hackers can use even small program or a game and inject their virus into it. And the moment we install it, we are done. So, the least we can do, is not to download anything suspicious, and download only from trusted sites.

I agree, I had encountered website that when clicked injects an adware or possible trojan virus that can infect your system.  Lucky I had my anti virus and be able to stop the attack.  Clicking websites carelessly will eventually resulted to your PC being infected by malware or ransomware.  So I guess we should be vigilant when browsing the internet.

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Still I believe exchange hack has a greater chance of inside job and a possible exit scam so that owner can bag the different coins of their clients.

I read somewhere that Coincheck is ready to compensate its users https://www.ccn.com/coincheck-announces-compensation-260000-nem-holders-following-major-hack/ but as long as we want to trade on these exchanges security will have to be improved from the exchanges side as we have done our part of using 2fa and using of unique passwords different from existing ones...will hacks stop not sure maybe bounties to test how secure these exchanges are shouldbe started.

Its not about the computers but its about the security of their exchange itself, their security for their databases as most of the hackers are targeting the back end and not the front end of an exchange. Amateur or not hackers are hackers.
Securities are also upgrading because of these hackers and exchanges need to increase and tighten up their belts and they need to invest more in security itself.

Security should always comes first when it comes to this business and we should not wait for an incident happen before we do decide to upgrade it. We might able to enhance it but the trust of its recent or previous investors would really be gone which would they will be already hesitant on using it for next time.The good thing here is that there a compensation on all the investors which is good.

This is alarming that there are exchanges that are targeted again and the recent one isn't a joke. The total amount that hackers stole from that exchange was the highest in the history and even higher than Mt Gox. And this can be higher if exchanges will not put that much effort of increasing and upgrading their securities. This is a real deal and we are all affected with this thing, when hacks are happening there are people who are panicking and contributing to the price decrease.

hecker very difficult to be combated so many victims who lost their money, in my opinion better save money in our personal wallet if not in use again in stock market.

Being hacked is very difficult for us,we worked hard for that money and immediately it was gone because of those bad persons.Always be careful of giving information about yours to some persons who do you think is suspicious.Sometimes we became the victims of it and its hard to move on the money was gone also the wallet you been protecting.Hoping for the solutions to those hackers to be punished.

Yep, absolutely you can’t do anything to prevent hackers from what they’ve planned and wanna do. As far as you know that hackers ,who own an extremely good skill, in another words they are really well-known, flexible , intelligent and the like. If you want to keep your funds safely, you’d better withdraw your personal wallet. You’d better get aware of any situation that you suspect, because their target can carry out fast , thus you must keep an eyes closely.

Yes because hacked is the biggest problem when your accouny can hacked you will never ever open it, but it depends on the situation by hacking account.

Get used to it because if bitcoin and altcoins are reaching new heights tendency of these exchange hacks is really possible and can happen anytime. We cant avoid it since hackers would really always target exchanges or wallets that have lots of funds in it.It does really affect the market because usually funds are being stolen involves hundred millions of dollars.

It’s not only when your computer is vulnerable, you shouldn’t also click links that you don’t know anything about.There are many easy ways you can avoid being hacked, all it will cost you is just to be careful. First thing is that you shouldn’t open any attachments you’re not sure (I don’t open attachments, unless I know where they are coming and who sent them), next thing, as we all know, is that you should always make use of a 2 factor authentication, and apart from using 2fa, you should also have an advanced passwords and not ones that are easy crack. Lastly, I would say it is best to store your Bitcoin offline, and leave a little online.

Using exchange for saving money is not recommended you should fund your exchange account the amount that you can afford to lose and use the exchange for trading not for keeping money for long period of time. For me if you want to keep your fund safe just transfer your fund in hardware wallet which you are the only one can access that wallet.

Hacking may possible if you are not keeping your account in a safe wallet. There are so many links and websites that are pretending to be real one. We must be very careful to the links that keeps on appearing in our email or in screen monitor because that's their first way to gather informations if we click it. Better ignore or delete it and stay focus on what have you started.

Apparently it is very hard to keep your mouth shut, in my country we call that the new rich syndrome, someone wins the lottery or inherits a lot of money and suddenly they cannot stop talking about it and they share this with anyone even if they did not asked, someone that has been rich for a while just takes for granted his condition and does not need to brag about it so we must follow their example.

Hacking is actually one of the biggest threat not only to the ones who are there in the world of digital currencies but also to the ones who are there on the internet one way or the other. The only thing which can keep you secure from hackers is to keep your systems up to date. Do not leave your systems open for everyone to use and try to study well before doing any kind of thing on internet.

I am using 2 computers. One for my usual activities and another one specially meant for wallets and crypto staking related. I do access web wallets from that computer alone. Also I am running latest antivirus.

Hacking is the biggest problem faced even before bitcoins have existed and became popular. They hacked bank accounts, now bitcoins. They can exploit weakness in the systems used to communicate with any website. So no matter how strong passwords are if they know what you are typing then it will be useless. So its never safe. It's now up to us to be careful with clicking links.

But hacking is even worse in bitcoin, in banking you can get your money back, it is a hassle but it can be done, but in bitcoin and cryptocurrencies in general once that money is outside your wallet there is nothing that can be done to get that money back this is why hackers are turning their attention to bitcoin since they know not only they will keep the funds but it is likely they are going to get away with it.

this is one of the main reasons many of us recommend to not put the most of your money on exchanges. The safest way to keep your money is into your own wallet, where you have full control. Otherwise you are at the mercy of similar events.

because I am new in the world of crypto hopefully all this problem can be given way out because my anxiety

Yes but only expert hackers can do this because it is not easy to get bitcoin from all investors if they will use wallets for bitcoin well if we talk about bank then yes it is not hard to hack the banking system because it is about computer access but in bitcoin it is hard because of bitcoin wallet. Now in markets there are a lot of wallets that works even when we are not online, paper wallets are also there to make bitcoin risk free.

So,  someone gets into Bitcoin,  feeling they are safe and not knowing that it is even worst than having cash. That’s why I do say they are all the same,  whether you’re using Bitcoin or cash,  there are risks involved in both. Anyone who’s making use of Bitcoin has to be careful. Despite all that’s happening, I believe there are safe wallets out thee that can’t be hacked easily, but there is no need to mention.

Right! We all do not want hacking. We are afraid of that. You can get stolen passwords, wallet can even take large sums. To avoid hacking attacks is not easy either. Because hacking is usually better than us.

it makes me little scare sir, how about the wallet? it's still safe?, if you have any recomend ,what's good exchanges  sir?

I'm scared of hacking, what is the best thing to prevent to hack my account? Nowadays hacking is the big problem of different sites mostly people. Hackers are very inteligent when it comes to computer, if your security is not tight they can hack your account in a seconds. Mostly those earning too much. Don't be too confident or comfortable that they don't have interest in bitcoins because as far as I know this is online site where in the income is too high ,hackers can target your account instantly. Try to tight your security in always changing your password that is not easy to locate by computer.

Whenever there is a loop hole in the security, the hackers jumps in and take advantage out of that  loop hole. The thing is that people keep checking the value of their wallet and login again and again, by this they are actually weakening the security of their login system, Also a lot of people do the transactions from their cell phones and discuss it with others as well, so I think these things should be curbed by the users just to avoid any hacking attack.

Many people scared about the hacking because exchanges need to be secured because otherwise we will be in loss. That's many new people are afraid to invest into crypto because of these hacking.

but I am sure that every exchange will do their best to secure their site so their member could feel safe while they do trade on that site. I think as long as we can secure our account and follow the instruction from the site, we don't have to worry about hacking and we can do trade with safe too. but I realize that there is no guarantee for every exchange can feel secure because there will be a hole for the hacker to penetrate the site and take the members money.

The cryptocurrency market is currently a huge target for hackers trying to enter the crypto market. I recently learned that highly trained hackers from the North Korean government are making intrusions to take away the assets of the cryptocurrency market. This is very dangerous because the coin is anonymous so when lost, there is no basis to get it back. Always be careful with your possessions, remember to keep the private key of the wallet carefully.

Making money by hacking is a very bad thing because the good man has many problems. Myethear wallet has been hacked a few days ago. Man's money, bank account is not safe.

Yes sure they are but still their are some series of huge exchanger's site hacking event where many people got compromise, And I can't still trust them up eventhough they can be called big ones since they might gonna do an inside job and stole the money of their depositors.

With the advancement in technology, things have been changed quite rapidly. There are hackers and scammers around us and we really need to be very much careful while making any kind of transaction especially when it comes to that of crypto currencies. There are chances that our money can be compromised but we need to take precautionary measure in order to get things in our favor.

In most cases, the security of your money depends only on you. In the case of Etherdelta, those who used MetaMask and hardware wallets were not harmed.

These are really some good advice's and practical too, there can be more best practices as well to curb any vulnerability towards the hackers. There are some cheap software in the market which belong to the third parties and they ask you to save your passwords in them. They help you with suggesting different difficult passwords as well, so I must say that please avoid such types of softwares so that the secrecy of the password is not compromised.

This is good because care is better than lose, so if we will make it sure that the site we are investing in is well know and popular site for bitcoin then it will be good to reduce the chance of scamming but if we buy safely we will have to find the good wallet for our bitcoin to put our bitcoin in. price of bitcoin wallet is not so high but care is important thing try to use blockchain because using blockchain will reduce the chance of hacking.

What still beats my imagination is the question, where would the fund for reimbursement come from. I mean , exchanges house huge money with them. How can they pay such debt - do they have some insurance or what?

Some people trade, so there is really no way everyone can stay away from exchanges. However, it is always good to be safe and make sure that the security of one's account is strong enough. Although, this is not a full guarantee but at least, it should be a start. A lot of events like this have happened in the past, and unfortunately, they will still happen, which is why I keep telling people that some exchanges are actually a no go area.

Which is why no one should put any asset they cannot afford to lose on any exchange. This is something that we have to live with for now and best to always stay with exchanges that can be trusted which have been able to avert hacking attempt in the past than just going for the new ones. Also, it is best to always split funds in different trusted exchanges to at least have them spread around.

Yeah exactly it is our own responsibility to make our bitcoin safer because people are here around us and they are trying to take the bitcoin of other people who earned with allot of hard work. So if we are aware of this problem we will have to be very active and careful to use bitcoin. Now price of bitcoin is high and it is reason it has become safe because of wallets, if we will use bitcoin wallet we will get safe and secure investment for as long as we want without hacking and best wallet is the blockchain.

There are a lot of ways that hacker can access to your computer and steal all your money. With just a single click you can lose everything so try to be careful when you decide you click to anything on the internet or every email that you received. I still remember the time when Wanna Cry created :)) It stole hundreds or maybe thousands Bitcoin all over the world :)). But luckily there are a genius found out the way to remove this virus and saved the world :)). For me, I often keep all information about all my account and wallet offline in another clean computer to make it safe as much as possible and until now all my money still safe :)

Yes keeping your coins in your own wallet is better but you also need to take precautions, many do not even bother to store their money securely in their computers and that is why we hear many stories of people that lost their coins even  when they were holding their coins in their personal wallets,  that is why hardware wallets are the best option to store our coins, yes it is not free but when it comes to our coins we cannot afford to be cheap.

Yeah wallets are the most good and best places for it if you are having bitcoin you will have to hold it and holding is not the problem if you have wallet, hardware of paper wallets are the best option as it can be use anytime. You will have to install a wallet I your PC or in your phone so no one will be able to hack your bitcoin. Blockchain service is the best service among all wallets now.

I also was shocked when I heard about this news. As i understood it was the biggest hack attack in the history of crypto. Actually I think nobody is safe in the world of crypto. It is unstable and risky. People have to understand it when they buy cryptocurrency

Yes that’s true, everyone’s safety depends mostly on them, so you’ve got to be careful on how you share your info and things that has to do with your bitcoin wallet. Most people do say that it is good to have your accounts/wallet 2fa setup, cause it protects against hacking, but I don’t know how effective 2fa will be in protecting against hacking… when I was using Yahoo mail, they had a feature that let’s you make use of a particular mobile system for your wallet, which will act as the key for anyone that wants to log in. So as long as you have that mobile device with you, nobody would be able to log in.

If you will keep yourself secure by taking all the possible precautionary measures, then it will be very much difficult for any of the hacker to breach the security and to get access over your account or to get your money. The only thing which can harm you is leaving any such kind of spot whom hackers can then target easily and thus making things very much difficult for you. You need to be well prepared especially when it comes to that of the security.

Everything else is not 100% secure especially when we are entrusting our currency/cryptocurrency to an institution.  There is always this kind of bankruptcy thing and even though they tell us our investment is secure and insured, there is only part of our investment that is secured, and if we exceed the amount allocated for insurance then all of it is gone.  If you are talking about trading and investing in cryptocurrency, you can always nullify or minimize the risk as long as you are capable of researching and updating yourself.

Bank account is also not safe, there are also hackers who hacks in some bank accounts. Bitcoin wallet can also be hack so maybe let's just double take good care of our wallets to avoid being hacked.

There is nothing like a good exchange. If you are holding for the long term, you can decide to go the cold storage way. If you do not have the cash for stuffs like ledger Nano, you can just generate a paper wallet and your public key is the only thing you need to always receive funds.

As long as you are not trading, never leave your funds in an exchange and even if you are trading, make sure your account security is sound enough.

One thing is to always make sure safety is paramount when it comes to cryptocurrency just like the OP stated. We cannot always avoid some of these things, but the earlier people started knowing how to stay secured, the better. Expert hackers or not, if you leave yourself vulnerable to an attack, you will definitely be a victim and the best is to always be on the lookout, most especially for any phishing links.

Just don't leave your coins into a exchanging sites and put it all in a cold storage or to most trusted online wallet. As long as you are not making a transaction don't ever leave your balance to prevent from being stole. Bitcoin has a huge amount yet, it is digital that is why be secure to your saving because online world is vulnerable to hackers.

Hackers are dangerous that is true but at the same time you can avoid most attacks by just being cautious, do not use pirated software of any kind a lot of that software has viruses or key loggers, install a safe operative system, a lot of people still use windows when they should use Linux, install a wallet from the official site and keep that wallet offline, if you do that the chances of being hacked are lower.

But many times we see people who looses the fund on the trading site only. Other than this some sites got stolen funds like NiceHash and something. Which is used to sell the hash power. As you said I too wanna advice the people to move the fund to the desktop wallet in every week atleast.
I do not know when they comes to bitrex, LBC and other big trading platforms.

this will be one of the safest ways that can be used. but if one exchange is hacked. can we get back the money we have deposited? I think some big exchanges will have exceptions about the missing funds. and maybe you can deposit the funds in a large and highly enriched exchange. because it is unlikely that the exchange will be crushed

Now a days, its more likely the insider job if any crypto exchanges is really hacked. Due to untracable, Decentralized properties of Crypto, It's really easier to hack it and move funds anywhere they want.

You are new it means you have a lot of research to do before you go ahead, first of all you will have to know the rules of bitcoin, as it is all the time best to buy low and sell high, for this you will have to remain active in this forum so you will be updated about the bitcoin price change. If you are knew I would suggest you to invest small at first then after getting profit buy more, once you buy bitcoin be fast to install a wallet and it should be blockchain that is the best wallet for bitcoin.

Therefore, the basically Prolema haking. The work of people not thinking right. This major problem you can profit and lost account.Must we always secured our accounts so that it cannot be hacked because when hack can lose all our money .

Etherdelta don't have 2FA authentication factor which other exchanger's have, no wonder why etherdelta is a dangerous platform to trade in. BUt still there more traders using it even they know it has a big risk for what they're doing it.

There are already countless measures used to prevent hacking but hackers always find ways to get ahead in technology. if modern technology gave us numerous benefits by using it, it will also give us serious problems because it can be use by someone to steal valuable information from you computer. Frequent upgrade in security is needed to avoid being hacked in the future. Developing more secure environment should also be pursued to keep up abreast with the newest development in technology.

There's nothing to do. The more you encrypt money, the more hackers will go up, and your wallet can be hacked, and that's something you can't do.

If you get hacked than its your own fault. If you play smart and don't do anything stupid, you can avoid getting hacked and lose your money.
Exchanges do/can get hacked. So that is why everyone recommends not to store your coins on an exchange for a long time. And also always choose a very trusted exchange when trading coins.

Theres no such trusted exchange yet all of them do really have the possibilities on getting hacked.Theres no assurance anytime since anything on this online space do really have hackers which can penetrate security and this is why as a trader or investor we should think off on these possibilities and only store up few amounts of coins on various exchange. Better to be wary than sorry.

Ya nowadays hackers want to hack the users who r having bitcoin acccount ..they will have their wallet address and withdraw their coins...

For government related projects and private concerns will implement the hacking firewall but the bitcoin related implementation does not done to any so you cannot say government is implementimg hacking firewall. That would be false information.
They just banned the ICO and cryoto investment alone.

Right. The rapid growth of the cryptocurrency market has made the market a big target for hackers and fraudsters. There have been many hacker attacks on computers and theft of valuable crypto assets. Be cautious of your assets in the crypto market because there will be no regulatory authority to deal with if you lose in this market.

Exactly, if you only use bitcoin occasionally and you are not an investor then losing a few dollars is not that important to you but if you have invested in bitcoin and you want to take care of that then you need to take step, people need to remember we are our own banks which means we are responsible for our own security and if we fail no one is going to assist us to recover our money.

Absolutely true hacking is a big problem here in cryptocurrency world because of rapid growth of cryptocurrency hackers and scammers take advantage to the investors or holders of cryptos by hacking their accounts and collecting those cryptos or sometimes destroying their accounts.

Nowadays exchange are not secured to hacker, there's alot of a good hacker that can hack any of exchanger  if they want. but its not good for the hacker to get fund of hacking exchanges  thats bad

I think there are too many bad practices in the sector and that is going to end up with relgualtion. And when it kicks in is not going to be nice and is not going to be in favour of the less wealthy.

Never store your encrypted currency on an exchange. It can be hacked at any time.

Encrypted money has its own bank on your computer. Why would you let someone else hold your encrypted currency?

Hacking is not only one of the biggest problem for the ones who are there in the world of crypto currency only. In fact, the hackers are actually creating a lot of troubles for the ones who are there in the world of internet as there can be number of vulnerabilities and weak entry point targeting which the hackers can manage to success your account. The only possible way of keeping yourself save is to have more information regarding security.

Hacking should have a heavier punishment like life imprisonment when it's more than a million or death if it's billion. It's everyone's problem online so it should be taken action seriously.

Punishment can be given. But how will you find out the hacker? Its very hard to find them. Once hacked is hacked. I lost some bitcoin around .045 from my blockchain wallet. Though its very low, I tried to find out through few sources, but could not find the concern. I then changed my wallet to Coinbase. Now yes its safe enough with 2FA authentication. Better to keep either wallets are exchange sites so secured.

Hacking is not only limited to the world of crypto currency but it involved almost everywhere once you step into the world of internet. Internet is no doubt very good thing but it is very much risky thing as well. Hackers can be very much harmful but if you keep on learning the new things which can help you in staying away from these kind of things which can result in loss of your money. Just be very well aware of them and be very much careful while dealing the things.

Hacking is a common problem in crypto-world, even in every aspect of the Internet, there are many cases since a long time ago.
Hackers always targetted exchanges as the biggest prey to hunt as they have big trading volume in their hot wallet, it isn't easy though.
I'm not a hacker to explain how did that happen, but we know it's not safe to keep your funds/coins in exchanges.
Exchanges meant to be a place to trade cryptocurrencies, not a place to keep your coins for a long-term, just deposit-trade-cash out immediately. But for now, I don't think hacking is the big problem, bitcoin acceptance in world-wide a.k.a regulations regarding cryptocurrency is the biggest problem right now. Bitcoin price always falls down if a big country announces will bam crypto trading or bam exchanges, such as happened in China and South Korea.

I also go in line with Omega and Ebcoin submission on this. But may I add that even personal wallets must be kept safe from  Hackers with cautions at the same time. You may not say, somebody somewhere might be closely watching you to get you scammed. You may avoid public places like Hotels and Parks free Wifi. Again, allowing an untrusted fellow making use of your PCs for example may be vulnerable and detrimental. Be wise.

Exchanges are following securities but these will wait for which wallets to be hacked, now a days it is very easy for the hacker to hack the wallets.

This makes more people too afraid of the funds they held in the exchange wallet, most of the people are transferring their token to their concerned wallets after purchases.

Vulnerabilities will always exist, you can't escape them but you can mitigate the risk. Like not to keep your coins on exchanges.
Hackers are persistant, they are looking for money and will do anything they can to get it. You can't make exchangers more safe, that is their duty, but you can protect yourself. Exchanges are not wall, don't forget that.

Yes, we already know that. However, ask most of the people who are getting hacked their password, either they make use of 2FA; whether they utilize every option available to secure their funds and whether they check every link they click before clicking them. We are the ones sometimes who really end up making a huge mistake while blaming everyone and even blockchain technology for losing funds as I have seen people like that before. At this day and age, how can someone still be using abcd1234 as password?

As long as you have you coins, ang the conversion is at good price, converr it to fiat money already. So you won't worry about being hacked. Place it in a bank that has a good record, a bank that you can trust.

Not that big problem this is simple thing, if you have a lot of care on your account, and your private key, you don't need to worry.
And also be careful on what you give an information in any site, because there possibility to hacked your account.

Hackers are everywhere and all the hackers which are there in this world are actually keep on trying their best in order to get access over the other’s account so that they can make some money out of it. This is seriously one of the greatest threat which almost all of us are afraid of and most of us have also fall victim of such kind of activities. The thing is it is only the knowledge about the things which can save us from such kind of things.

Actually,i heard some advice that if you want more secure or safe of your bitcoin asset,you must buy a ledger nano device,rather than put in some trading site,because  we cannot guarrante that our capital will always be secure,because there so many anonymous hacker who want to hack some other trading site,even if that exchange have a  strong defense wall in hacking system,because other happen of hacking  or phishing is  made of inside job ,just like happen in parity wallet.

Hacking is the reason I dislike the public wallet that you have on the web like the MEW wallet. To me, despite the security and protection, I don't seem to like it. I do prefer offline wallet. You and you alone except you lose your passwords  :'(

There are many types of hacking one here that is called a fishing site so be careful of only those who enter sites without a secure address on the site you enter and then the most important to have a strong and unique password so that no one can guess easily and we also need to have a personal offline wallet that we do not use in trading

the offline wallet is like LEDGER and TREZOR? because if only have a very vulnerable online wallet and privatekey easily taken with the virus that goes into the computer. I am still quite careful because I still use online wallet like MEW. I have plans to move to an offline wallet

Since we live now in the digital age, almost everyone who knows how to use a computer can do hacking be it just a simple one or on a larve scale basis, however, those who really studied hacking are disciplined people, since hacking is not a bad thing, it is used in order to help programmers debugged or fix any programs that they think needs some improvement, however, thos are not inclined with the academia tend to use their knowledge in order to obtain easy money for them and have the good life. I do not see it being a problem, what we nust need to do is to improve our security and take risks, since everything is hackable noawadays, security is still the solution.

Hackers are almost everywhere and in the every corner of this world. You need keep yourself away from such kind of people and try your level best not to fall victim of such kind of people. If you get their prey somehow, you will be suffering a huge loss and for that you will regret for your whole life.

You need to learn the things which can help you in having enough knowledge which can help you in protecting yourself and to staying away from hackers.

I think that the attraction from the cryptocurrency market when formed is always beset by online problems and hackers. This still happens in reality. To limit the problem of hacking. Everyone must take precautionary, careful and private measures with everything involved.

Since this platform s entirely dependent on the password and address so that it should be kept very carefully, We always be careful of this information against Hacking. If you lost your address then you might face a lot of financial problem in the meantime. That's why I also agree with you on this issue.

I believe there is a punishment for anyone that’s caught involved in hacking. Hacking is a really bad thing and can cause a lot of problem for people. Hackers now use it to make money by blackmailing people and through that, taking lots of money from them to not reveal their compromising information. Hacking can attract a punishment of 20 years in prison.

For me, I believe that hacking can in the be a problem when you’re careless with information about yourself. People shouldn’t give out information like their email or passwords online in a public chat or something, cause it’s likely that it might get stolen and used against them. Another thing is that you shouldn’t sign up for things you’re not sure of online, cause it might turn out to be a bad site that sells their subscribers information to third parties.

There is nobody who isn’t afraid of their wallet getting hacked. But one thing I have heard is that only those who are making use of an online wallet are in dangers of their wallets getting hacked, but if you’re using offline wallet that works offline on your device or a paper wallet, you wouldn’t have to be worried about hackers. But I believe that there are some good online wallets that are close-impossible to hack, and becomes like completely impossible to be hacked if you have 2fa set-up.

Hacking is the worse nightmare came to the wallet holder but it's really up to us on how we handle our very own wallet since we are the one who's entitled to hold it, and its our obligation to select on where to store it since theirs no totally safe whether you say you put it on hardware nor in online wallets since everything will be dependable to its owner.

It's one of the ugliest things  the hackers are ramping up and down on creating a scam so I'm getting lots of ethereum and Bitcoin. I hope that regulation solves this problem.

Hacking is inevitable and it can happen to entity or group/individual person. Some hackers are doing this to extort money, or just testing themselves if how good they are to breach security of a system. If big companies are being hacked, i think an ordinary person could even be more vulnerable with these attacks.

All we can do at least is to be vigilant and trust noone, all the time.

Some hackers with incredible skills will target institutions or users with a very high amount of bitcoins and other coins, but unless you are one of those people or institutions then you do not need to worry about those kind of hackers, the ones you need to worry about are script kiddies they will use the tools of others to attack people with small holdings and you can defend from them with just a culture of safety.

Even we arent affected but we cant really avoid the fact that we shouldnt really be bothered or worried since we do know each hacking incident would really give a negative impact into recent price of bitcoin and on the entire crypto market specially when the hacked amount is really big.This is the problem which we should expect specially on those times where are seeing new ATH's.

There is no assurance for our tokens/coins to be safe in exchange forever, risk of getting hacked will be always present that's why external/hardware wallets are created in order to protect people's crypto from getting hacked since blockchain technology in the present is still invulnerable to attacks.

Do not store your coins in suspicious Exchangers, exchangers are only used to make trades within a certain time.
Use the wallet with full access, meaning we have full access in the wallet.

Exchanges are not so safe, they can be hacked at any time, and returned to your personal wallet after the transaction.

Security will always be an issue with cryptocurrency, I have also heard from friends
that got their accounts hacked and coins stolen. Maybe because they didn't follow extra
protocols or they were just careless. The threat with hacking is real and it's bothering me too,
it's a depressing nightmare, we just have to be careful these days. We are all vulnerable and it
can happen anytime. Be careful on where you connect with the internet, transact and access your wallets and files.
Being overly and carefully protective is always better especially when it comes to money matters and investments.

this is why we need to make our account secure by activating 2fa, email verification and else and if we still feel not safe, then we need to move our coins into our personal wallet or in another multi wallet. we can use the multi wallet to save our coins which only we that will know the balance and only we that have full access to that wallet.

Hacking is a major issue. Proving that through online money launderers all over the world, this thing proves that "our exchange is not safe" so we have a lot of caution.

You can use hardware wallets, such as Ledger NANO or similar.
Hacking was always a problem and we are looking for the ways to solve it

It is not new ,many popular exchanges were hacked in the past and many suffer ddos causing loss to various day traders.it is recommended that people should switch to decentralised exchanges but as they are slow as many use ethereum blockchain majority prefer to use centralised one.currently in my opinion waves dex is the fastest and offerer similar speed as centralised one.and never store your fund in exchange always prefer hardware wallet ,only leave that much that you are going to use for trade.

You are right,Of course, hacking is a big problem. It is such a problem, that people who make a lot of money from the rich in a short time. Those who had been in Ether delta some days ago, many of them have been damaged.Still fearing to hear hacking

This, while hackers are the ones at fault and the ones committing a crime, the truth is that most people do not secure their coins, we have heard of people losing a lot of bitcoin by having their coins stored in a computer that was infected with viruses when a hardware wallet could have been enough to avoid that robbery so if they had invested in that they will still have their coins.

It is true that hacking is the biggest problem in this industry, however we can still avoid it if you know the right things for it. Now keeping it safe I think doing trade in the exchange is you must activate your 2FA authentication to prevent to hack your account. And choose the best exchange like Bittrex, Poloniex, Kucoin, Binance, Hitbtc, or livecoin which has 2FA activation. But never hold huge of token in any exchange platform keep it in a safest wallet.

This is a bad news to the traders whose coins are always in the exchanges. I do hope that exchanges will take responsibility for our funds as we are the victims if that happens.

Now generation is fully engaged by internet.this time many of things are not safe for internet. Now u couldnot ever store your cryptocurrency on exchanges it can be hacked or closed any time. Always store it on your wallets. Move your coins from wallet to exchange when you are going to trade. Once your trading finished move your coins back to wallet.always try to safe wallet and try to private key safe.

for that we ll have to be more carefull use hardware wallet and the hacking problem has increased very much nowadays i don't know what are the security teams are doing for this hacking problem and after one by one exchange is being hacked

Nowadays, hacking of accounts is always a big problem specially when dealing with money. Eventhough how strong your password settings is, it can still be hacked. It is better to save your money on your personal account or as savings in your bank account. Don't leave big amount on your ether wallet, because hackers are only interested on big amounts.

It is true that hacking is the biggest problem in this industry. Specially when dealing with money. Eventhough how strong your password settings is, it can still be hacked. It is better to save your money on your personal account or as savings in your bank account. Don't leave big amount on your ether wallet, because hackers are only interested on big amounts. Because hacking was always a problem and we are looking for the ways to solve it.

It is not only the rapid growth of bitcoin that has done this it is the nature of bitcoin, when hackers steal fiat they run the risk of having their identities attached to their robberies but in bitcoin this is not really a risk since they can open a wallet without giving any kind of information and when they steal the coins they can just mix them and also there is not a risk of the transaction being reversed since once a transaction is confirmed by 6 blocks it is almost impossible to reverse it.

Dont ever assume that your money is safe on an exchange. Would you give your fiat to a small, anonymous bank that has been around for less than 5 years? I dont think so.
Keep your money in your offline private wallet if you want to be safe.

Hacking is one of my greatest fear  in cryptocurrencies world I have seen cases of stolen coins especially in myetherwallet there are had been some phishing sites that cunningly obtain  passwords of owners,  and there are cases of hacking and cracking of passwords of  some wallets, this is very disastrous and it's major problem in cryptocurrencies.

I just know this news from here try to review the news first maybe just false news if it is true can be traced to look for hackers although it is difficult to need expert help in the field may be caught over time so we must be vigilant and careful. if anything strange

Listen to him. What he is are saying is true. The problem lies on the system itself of the exchanges. But there is no way that they can hack your hardware wallet unless they force you to spit out your seed, or when you get phished online. Almost all exchanges nowadays are only came from scratch and some don't even know that their exchange will reach that far, that's why they are having a real deal maintaining the security of their exchanges. Imagine if some reputable company (facebook for example) decided to have a cryptocurrency exchange and the people that are working there has an A++ degrees in different fields of computer in the most prestigious universities. Do you think that they can still put a dent in their security? Give it time and these exchanges will improve too. In the meantime don't fully trust them and always leave your funds in your own personal wallet.

In the world of internet, you will always keep on facing such kind of problems and issues. Hackers are the biggest threat to all those who are there in the world of crypto currencies especially as all of their transactions are being carried out online.

The only remedy for this problem is to keep yourself away from such kind of people and by getting more and more information in order to have more awareness about the things.

If you’re worried, maybe storing your Bitcoin with paper wallet will be best, though I don’t really know how the paper wallet thingy works, don’t know if it’s reliable or not, but I believe it will be quite good. The only problem you will have is when drop it carelessly and something happens to it. Another thing I have to say is that someone can’t get hacked unless they are used to giving out their information anyhow. One should be very with any info about themselves, unless one that is not necessary to hide.

Well I guess its the fear of been hacked that is why most people refuse to have anything to do with bitcoin or other cryptocurrency. When I told a friend of mine whom i have been trying to convince into investing in cryptocurrency about how people do get hacked if not careful, he ended up telling me he has made his stand not to invest in crypto because it freaks him out. How I wish there will be a solution to this, probably, a lot of people might have invested in cryptocurrency.

Yes it is happening but safety is the matter right now as a lot of websites people use for exchanging are fake, people will have to be very careful in this regard and don’t keep your coin in exchanger anymore.

It is not good to trust anyone in case of bitcoin, at first you should not have bitcoin hold for long time as if you get profit try to cash out as fast as possible, secondly you should use bitcoin wallet as now in market a lot of wallets are available. I use blockchain as it is very easy to use and reliable to cash out any time.

Some rules of keeping money in exchanges:
First: Create a new email with gmail dot com . Enable 2factory authorization  in it.
Second:  USE NEW PASSWORD for every exchange you’ve registered. Don’t use same password on other sites. Sites may be compromised and password may be picked UP.
Third:Enable 2factory authorization on every exchange and email notifications  if it’s available, and change different passwords in it.
Next : Don’t use simple password like private information as SSN, date of birth, place of live and so on (there are a lot of private and not private sources, where you can buy this information).  It’s better to use a word like - Calculator with specific symbols ,than your private information.
Fifth: Don’t download apps with unknown or not authorized sites.
Sixth:  Don’t tell others that you are making money via crypto (bandits can monitor you and forcing you to send them money)
p.s. If EXCHANGES is HACKED- they must return money.))))

There is no perfect solution, as withdrawing funds requires a fee and you can´t really put a stop loss unless you are on a exchange, so you are not ready for the dips.

Have some good security features that will leap your money safe.

Try to secure your wallets with toughest passwords I think so none other way can work

iF you are a bitcoiners you have to cope up these situations no matter what happens

It is safe in your wallet, but if you trade then you know the risks.

Yes. Hacking is the big problem and hack isn't a good way for you to get the funds.most of the hacks targets online wallets for the security you can exchange usually finding an exploit on the exchange may let the withdraw convert them to altcoing so fees won't bother you.only use exchange site on trading not for your wallet.

First and foremost, you do not even have to be on an exchange before being hacked. Carelessly leaving private keys or not verifying a site and inputting your private key alone on a phishing site totally makes an account vulnerable as well as every asset in it. The only solution is to learn how to be safe and be very smart about it.

There are so many options to keep assets offline and the reason people always talk about not leaving everything in an exchange is so as to not end up getting your asset messed up since you do not have the private keys to your wallet. This necessarily does not have anything to do with trading, but at least enabling 2FA on any exchange is still a good step to being secured.

Obviously, and that is the reason it has been reiterated so many times on this exchange that no one should ever put their funds in an exchange as long as they are not trading and even if they are trading they should take security very seriously and not put what they cannot afford to lose.

There is really no assurance, but I am sure we are getting there, and it will also take each individual to start taking security of their funds seriously by making use of all the available security to secure their funds.

It is just carelessness and total disregard to security of one's funds that makes someone fall a victim of hackers. There is so much that is going around regarding security and I just do not know why some people still fail to follow some pretty little security rules and then come putting the whole blame on the idea that security is a problem. Those who get hacked are just careless, plain simple.

Exchanges are created to trade, not to hold your money.

When you're not trading, it's safest to keep your COINS in your wallet. You just need to keep your passwords.

Hackers are always looking for avenues where most people entering the crypto field are either immature when it comes to security and they can end up being vulnerable. Most people do not know that it is very essential to take security very seriously at the present age. Hackers are everywhere, they are looking for those to devour and anyone who walks the internet jungle carelessly will definitely get devoured.

You need to be very careful, take it seriously, change your passwords each time (and hard ones), keep your coins stored on different wallets and, if is possible, keep them stored without connection while you are not using them. And once you learn to live with that, hacking will be a problem, of course, but not the Big Problem that will provoke the end of crypto currency.

RedLock also launched a report this February explaining that nowadays hackers are more interested on hack computers for mining than for steal data. So, if I have to choose I prefer that they take energy of my computer than that they steal my passwords and my crypto...

In cases like hacking is inevitable, security is always the issue in these situations where money is involved. There are some issue concerning hacking of private key hacking of digital wallet and others. As a user and holder of coins we must be aware of these hackings. There are many security system we must know everything about the security of our coins, always be careful of the passwords and private keys so that we can avoid these kinds of hacking problems.

It is a problem only if you keep on trading and exchanging. 

Even if they had rock solid security we must never trust in exchanges completely that is the whole point of bitcoin, we need to have control over our own coins and use exchanges only when you need it, traders do not have too much of a choice but for the rest of us leaving our coins in an exchange is a terrible option since you are trusting that a third party service keeps your coins safe and does not exit scam you.

Yes I got my few btc hacked last night which was so pathetic

Lol..this got me laughing, I guess you are the one that freaked him out, which is why he made his stand never to invest in cryptocurrency. You should have also encourage him by telling him how to pervent himself from getting hacked by putting his coins in a cold secured ledger or cold storaging. There might be a lot of hacking going on but bitcoin investment is worth more.

Ya, you are right, bitcoin really worth it even admit all hacking. But the guy is neck bend on not investing in any cryptocurrency. I even tried to tell him how to protect his coins but he won't even let me. Well, I let him be. Probably, in the nearest future he will understand what I have been trying to make him understand.

We are just trying to anticipate it and be more intelligent, of course if we aren't careless and keep careful.. i think we will avoid to be hacked. Crypto is still not fully protected by the security of the government, of course this will be very vulnerable to the occurrence of hacked. It will not be a big problem if we are more careful and always looking at more thorough on circumstances above all the efforts we do.

I will take your advice on using exchanges for trading and stored my coins in my personal wallet. Because it's much safer.

How did it happened? Do you have anything to say on how you've been hacked so that you can warn others with your experience?No, why it would be a problem if you keep on trading? There's nothing wrong doing that.

As the technology advances, so the hackers also by getting the most sophisticated gadgets, every computer became vulnerable. Cryptocurrency hackers targets big exchanges recently and coincheck added to their list of successful hackings. It is really difficult to track those hackers unless you match their skill and technology, or you also need to hire experienced hackers to track the bad hackers down.

It is quite amazing to see that even today, people still misunderstand the basics of hacking. Very few hacks are possible even on low end systems, if the user's own personal security is take care of. But I guess if even guys like Mt Gox and all those crypto exchanges still leave USB drives lying around or download malware that sniffs passwords on computers then you cannot expect any better from common people new to Bitcoin.

You do not even need cold secured ledger and what not if you practice good security.

That’s a lie, hacking is evitable… there are ways you can avoid them. Some people being hacked is due to their own stupidity. I came across a post of someone saying that he was asked to give out his password and wallet ID to be given 1btc and he will be required to send back 0.5btc out of that 1btc that will be sent to him. It  happened the 1btc was a watch only. Nice tricks.

Is downloading the PDF whitepapers dangerous?

I know that PDFs can be malicious, have you heard of any tied to whitepapers?

Safety is always in the hands of each and every individual. Even in the normal world, we always take safety seriously so as to avoid theft of property or invasion of robbers, so I wonder why people cannot just apply the same mindset into the world of crypto and see hackers as those guys looking for their funds to steal and looking for every means to protect it which is available already and I wonder why a lot of people still complain. Anyone who can just follow simple safety and security rules will always be fine.

Transfer your money into your personal wallets and keep it safe.

No currency is safer than bitcoin for safety and saving bitcoin do have a lot of wallets that will not lead you to get scammed. I think bitcoin is an example to have all of your money save into your own wallets, where you will have full control and you will be able to use it at time of need, people feel really safe to have bitcoin as an asset and investment from future, bitcoin is safe because it has wallet like blockchain and paper wallet that keep your bitcoin safe, secure and grow it for you.

Withdrawing the money you earned is the best thing to keep ‘em safe.

Your money is never safe on any exchange although it's the best exchange all over the world although you use 2fa for your exchange account. You should know that your cryptocurrency will only safe when you keep it in your own wallet that you can keep your wallet private key. Beside I think these exchange hacked because their staff clicked in something that included virus if they didn't, hacker would never have chance to hack money from these exchange.

It is not only about the large hacks that take lots of coins, is also about the small daily thefts done everyday by scammers taking advantage of people that have less knowledge.

Hacks were quite common all around, and in particular with cryptocurrency it is very likely to happen even when high security is provided. To overcome hacks one thing that can make it effective is the avoiding of mistakes.

Not really, if it only contains PDF file then you don't have to worry. Don't click immediately if someone tries to send you a PDF like file, there are software that can change or shorten links where victims are easily get caught.
I haven't, I have downloaded many PDF files but there's nothing wrong happened to me.

If you are that worried about catching a virus through a pdf or some other file you may read those documents in an internet café that way you do not have any risk of catching a virus, or you could create a live CD and use it in your computer that way the chances of catching anything goes down however if you were to catch anything through the whitepaper that project will become untrustworthy for spreading viruses.

That is even a very little thing to worry about honestly. Anyone who feels they cannot keep their assets safe online should just go the offline way, as you can still receive with the public address, have full control of the wallet and can easily verify payments via blockchain.info or block trail. Hacking is not a problem to me, unless for those who are just very careless with their funds. We have a lot of information over the net to keep everyone safe.

If that is the fear, then they are not really ready for the future and they can just best stick to their traditional age and ways of doing things. Not like there is no solution to security but the problem is people always prefer staying in their comfort zone rather than looking for those solutions. What happened to cold and offline storages if they are scared of hackers? I guess they just do not have anything to do and are busy looking for excuses.

you must use your personal money for personal reasons only.

You will know the risks once you start trading and making some moves.

This is the main issue that crypto has to face since everytime a hack happens on an exchange for a substantial amount of crypto currency.
It has always had negative ramifications  on the bitcoin price right after the media releases it has happened to that exchange.

You can't blame them. And as far as I know cold or offline storages are good if you stash huge amounts of bitcoin. But for a common and casual traders, it makes sense to store small amounts in desktop wallet or even in an exchange. But we all know hackers are really that good and it seems they always found vulnerabilities that they can exploit anytime, just like what happened to CoinCheck hack.

So the best thing for us is to be very protective of our accounts. I'm sure that we all heard howr to secure it, but most of us are not really doing good because thousand or even millions of dollars are lost to the hackers.

Your money is safe only in your wallet and if you are trader you agree with risk that you might lose your funds. Remember that.

Hacking is a big issue with the cryptocurrency, because each and every activity on the cryptocurrency happens through internet. So, we cannot question anything if something goes wrong. Be secure as possible is the best one can do.

no. Hacking is not the big issue in cryptocurrency because not all people were got hack , just only few of them. they've only been hacked because of their carelessness and lack of knowledge regarding on what their doing. their is no problem in cryptos at all because we all know that they are pretty usefull to us and beneficial at the same time.


Yeah money is always safe in your wallet but you need to be aware everytime you do a transactions because you might be infected with malwares and key logger that may potentialy stole your coins or hi jack your account. Being a trader has also a risk but mainly the risk of loosing and being loose because of hacking.

There is a lot of information but there is not the will to implement the information, just look at all the information available to secure our coins and yet we get hacks everyday and this is happening now can you imagine what it is going to happen when the average person begins to use cryptocurrencies, we will have a scenario which will be the paradise of hackers.

If you are a trader, you should play a lot of markets and withdraw money as soon as you make a profit.

this is the problem I'm most afraid of because I am less understood about the world of hackers and I can not prevent them, I personally want to invest in bulk if there is already a secure exchager

Save your money and deposit it as it will help you only in future.

Then definitely you must secure your account. You should kept your private information secure so that no one can hacked it. Because we cant deny it that as the technology improve people who have enough knowledge about will surely abuse it for them to have money in the most easiest way.

yes hacker is a big problem for bitcoin users and especially internet users, in the long run it is expected bitcoin can have a very sophisticated security system to be able to fight hackers, because if left then they the hackers will be increasingly crazy.

We cannot blame people if they're afraid to be hacked since we are here in cryptoworld but newbies should understand the risk that they are going to take and think all the negative possibilities that can happen to their money. There is no assurance that the exchanges are safe right now, let's just hope for the best and be ready for that kind of risk.

Hacking is a big issue with the cryptocurrency, because each and every activity on the cryptocurrency happens through internet. So, we cannot question anything if something goes wrong, most of the hacks targets online wallets, which means- wallet like blockchain.info, that can be hacked through obtaining your username and password only( unlike wallets like electrum.org that are based on your computer, and they will need to have an access to the actual file on your computer to get an access to the funds), and exchange wallets(usually finding an exploit on the exchange may let the hacker withdraw all the coins available on the hot wallet).If you store your coins at home on a cold wallet, there is no way that someone would be able to obtain your coins.so If you are a trader, you should play a lot of markets and withdraw money as soon as you make a profit.

to overcome the hacking possible by changing the password periodically. and hacking is very harmful if not addressed immediately

it is another option for us to secure our account and as long as we can keep our password in safety place, I think we can reduce the percentage to be hacked although there is not 100% secure, we are in a good way for securing the account. and don't forget to always check our account periodically so we can always feel safe from the attackers.

This is a big problem that affects the psychology of investors. But to avoid this problem there are many ways. In addition to the multi-layered security for all things related to us, you also need to change the password constantly.

I do think any system is perfect when hackers keep looking at exploits. To secure yourself should be drained of the wallet after the transaction is the most potential way

Yes, Hacking is very BIG PROBLEM, specially to the world of technology and digital world. The only way to secure our file/balance/transaction is our very unique and very long password. And, to prevent hacking, just don't open any link or site that you didn't know.

yes many who feel harmed here because of hacking, and hacking also makes the investors and traders afraid to do big game so they just play with little capital

It can be a problem if you only trade your money continuously.

Hacking is actually one of the biggest threat to all those who are there in the world of crypto currency as their money is highly exposed to hackers and there are hackers which are continuously trying their best to grab all your coins. Till the time, you will not be having enough of knowledge about the things and that you will not take care of your coins well, there will always be a risk of losing of money.

I don't think so it is a big problem because the hackers can't hack the wallet without the private keys if you have your private key safely then your coins will be safe forever and you never have to store your coins in an exchange wallets where the most of hacking are happening.

Perhaps this is true, but not all wallets have such protection. If you take examples of the block chain info, then there must be a special key for logging into your account, or for example myetherwallet, you need a file key or a secret key to access the wallet. It is difficult to get data here.

Yes, it's hard to just trust, and many site hackers, really need to double check our site, especially when we're here. We will do better than trust what others say, and get our accounts accountable because not just possible of hackers.

I think a hacker can destroy one's wallet. It is not good for us. I hate the hacking system. It is not good way to earn huge amount of money. For me, despite the security and protection, I don't seem to like it. I do prefer offline wallet.

Our money never safe on any exchange although it's the best crypto exchange in this world. I just read a news topic said that 17m$ worth of ETH just stolen by hacker :). I don't really know if it's real or fake news but it's also an alert for people to keep their cryptocurrency safe in their own wallet which they can control their own private key.

Traders and investors, who decided not to learn all they need to do to be secured, should have themselves to blame and most especially investors.

Investors only need a cold storage to keep their assets as they have no single business or dealing with trying to store their funds in an exchange or online wallet considering how vulnerable they can be and also, traders should know by now that they should only trade with what they can afford to lose, so they do not get totally burned if any negative situation arises.

Hackers can do anything which they want to do. They just need to get some backdoor in your computers using which they can steal all your credentials which may even include the private key of the wallet in which all of your crypto coins are placed.

You need to be very well aware of hackers as they can harm you in no time without even letting you know what they have done. Keep your system up-to-date and do not give them a chance to take away your money.

Exchange that hacked are safe for us, they are on the attack with the exchange account and not members property, staying your asset in exchange will give you much problem.
Remember! DO not make your holdings on any exchange for a long time there, use your wallet to hold your tokens.

Hacking is a serious problem and threat to everybody in the cryptocurrency community.
The growing number of occurrences and incidents are alarming and taking it's toll on
everyone. With so many ways to lure and steal vital information, it is unpleasantly
damaging. Hacking can fabricate varieties of damages and exploitation to individuals,
groups, organizations and systems of broad spectrum. Hackers are very skilled and
with their arsenal of programs, codes and viruses everybody is at risk. We are all
vulnerable to their exploits, we should always be careful, take precautionary steps
to avoid such incidents and situations.

It is good to guide and lead people towards profit because it is good for our own benefit as well if, we will guide people well about bitcoin they will invest in bitcoin to earn profit, some new users use to make mistakes in bitcoin which make them discouraged and they never try to invest again, hacking is not the big problem now because there are a lot of wallets for bitcoin available in market and people can get one of their choice easily, it will save your bitcoin and will never let other people to hack your bitcoin, blockchain is the all time best wallet for bitcoin according to me to prevent your bitcoin form being hacked.

You need to understand that people do not like to take responsibility for their own actions that is why something like bitcoin scares them if they lose their coins then big daddy government is not going to cover the losses the same way it will with fiat, this could be one of the reasons the adoption of bitcoin is so slow and I will not be surprised if the problem with hackers gets worse before improving.

Hacking is something I think we neeento sort out asap. Too many newcomers are getting burnt by hackers at the moment pushing them out of crypto currency. Education of security should everywhere

First of all, Exchanges are not safe to store your coins, they are out there only for trading. Why you want to keep your coins on an exchange?? as your private keys are stored by exchange safely but it is still vulnerable, hackers try to find every possibility of a vulnerability in a system and then exploits it.  Always store your coin in your personal wallet for which the private keys are only held by you and you only. Only transfer your token to an exchange when you gonna trade, after trading immediately transfer it to your personal wallet. As recently some exchanges got hacked and you never know when hacking takes place. Don't take a risk for your hard earned coins by storing it on an exchange.

Do not trade that money continuously, trade and wait for some time.

If I have money and I am not making use of it because of the attack from the hackers, then I think the attackers have successfully done their job by keeping me away from my money.

Too much trading is not the problem but the problem is using the public computers and leaving your information in those computers. If all the bitcoin holders stop using the computers of others, I can guarantee that the hacking will fall down 50 percent, because this one thing is the most dangerous thing over every other thing.

Exchanges for cryptocurency are really vulnerable to all hackers so its not advisable to put your big money on any exchanges. Hackers will always be on our side, so protect all your details to prevent any losses however its still not guaranteed.

Hacking is no doubt one of the biggest threat for all of us and that we all need to make collective efforts in order to stay away from such kind of people. Hackers have lot of information and knowledge using which they can quite comfortably attack and can get all our details. We need to be very well aware of them and we need to keep on checking whether you are safe or not. Stay aware of what all is going on in your surroundings too.

Hacking is a big problem not only in crypto community, but also around the world that is connected in internet. Kind of virus, nope, a living virus in the mind of a greedy human being. Don't know why they need to take advantage to others? Do unto others as you would have them do unto you, hope  that they knew all hackers that words.

Hackers will always want to find a way to screw some platforms up, no doubt and one can never be safe on any of the exchanges, but at least some of them have been able to prove to be strong enough to evade some of this attack in the past and that is where the trust and reputation comes in most times.

Also, every other thing with respect to security also balls down on us because I am sure that once a platform becomes vulnerable, the first few accounts to be targeted are those without additional security features.

hacking is a big problem not just in crypoto but ofrthe whole world! how about government htat has the best wall to protect their web with hackers? but still hackers went on.
me , i , myself are very afraid with them thats why we need to be low profile as always!

yeah it is true it Is not a big deal and a high problem if bitcoin will not het the exchanged now fast it is increasing in price and it is growth is getting high so it is the chance not to exchange the bitcoin at this stage, no wallet can lose bitcoin until you share the bitcoin password with any of the our side person. Bitcoin wallets are there to prevent the bitcoin getting hack when only you will be able o know about bitcoin amount of money,

Yeas you are right in the starting days I have heard this new when bitcoin was not do common and it was not having any wallet but now bitcoin has developed a lot of it can be use without he legalization, as it has wallet and those are very safe wallet, such as blockchain If you put your bitcoin in blockchain it will be hard for other people to look at your bitcoin and to hack your bitcoin, it is not very important to regulate bitcoin for putting into wallet, every high invest must ask for the bitcoin at first before they invest in bitcoin so these are some important precautionary measures to avoid the hacking, 

This is the biggest issue and risk in crypto market. How can they sustain the security and make our money safe. Hacking cases is visible few weeks ago. Ensuring your for its safety is hard to think. Only those trading sites can give assurance for your accounts safety.

Yes hacking problem is a big problem in currency sector.some time ether Delta wallet hacked by unfair rubbish people.they hack many important information.

Trading continuously and everyday can become a problem sometimes .

So,we need transfer our trades to uncentralized exchanges.But the experience of the DEW
is really terrible..
Are there any other choices?
How to trade off between centralized exchanges or decentralized exchanges?

People should already do that anyway, people get their email accounts, social media accounts, bank accounts and paypal hacked all the time the difference with bitcoin is they can recover all of those accounts and their money in case something happens but bitcoin is unforgiving, many will push for a way to create a form of chargeback but the developers are never going to implement that.

We need to secure our network more

Hacks are a grey area in this market. You need to research and look at the history of researches.

It's not easy to secure the network every time, when in come of hacking ability. They use advance system application that they own developed sometimes. Just for example, just one click into email on your account and the other thing is disaster. You cannot know when they attack those hacker, that's why this is the common problem here in crypto community. Because, they assure you that they empty your online wallet and getting your email or bitcointalk account. Luckily I didn't yet encounter those hacker in my bitcoin career, maybe they targeting big fish than me. Better to divide all your online income or online altcoins/bitcoin to lessen your loss.

That is right bu i think that even in such risk we need to take the risk and investment in bitcoin, because we do not have any other option, i think that we are even feeling so many risk in fiat investment, and same is the case in online investment where we are facing hacking problems and but we cannot stop online investment and trading.

Really Hacking is very sad thing. People are earn or invest money his very hard labour income but  that is Hacked. Means his dream smach. So if Exchangers and developers are try to stop hacking and its breing very good news for investers.

That is the very reason not to put your crypto assets in exchanges because these entities are really the main target for cold blooded hackers.
We can't even say that the cryptoexchange we are frequently using is safe and that maybe the people behind the cryptoexchange will also be the one who will hack the system.

- Money is the root of all evil.

It is actually a big problem for those who are not security cautious and ended up leaving their account vulnerable. The truth is that most people do not have much knowledge about security and they end up either on a phishing website or something totally contrary to what would make their account secured. It takes being extra careful and it can only be an issue for those caliber of people.

In my opinion, hacking is the biggest problem or threat only for those persons who failed to take enough of the precautionary measures which can keep their computers as well as their own selves safe from those people who always keep on trying different sort of schemes in order to get access over your account and to gain your money. If you will not give them a chance, they will never be able to take away your money.

A wise man said that never check the depth of the sea by putting both of your feet. I just want to make the argument that hacking can cause a lot more damage than any other thing to the crypto currency, so its good that you must put your amount in more than one wallet so that if at all in the worst cases, one of the wallet get compromise, than you can have the liberty of doing the transactions from the other account. Also adopt some best network practices so that no one can know about what you have in your computer.

Hacking one of major problems the cryptocurrency world is facing today, more security measures needs to put in place. I have a couple of my friends loss coins worth a lot to hackers, and the most painful part is that it can't be recovered even if you manage to trace the hacker.. So hacking is the biggest problem right now. But thankGod inventors have provided us with so many options for us to secure our coins.

It is indeed a big threat but you can minimize it with using secure wallets and decentralized platforms.

In short its people negligence on how they should protect or secure important informations towards into their possession but there are instances no matter how we do try to avoid there are still flaws that we might experience (technical aspects) which we cant really do anything about it once it being compromised but chances related towards into this kind of situation is somehow lesser compared into people negligence.
We should really be responsible ton securing things up.

You are correct but at the same time this is why we need to engage in safe practices when surfing the web, people click everything they see and most of the time they do not take the time to see if they are not being redirected to a malicious site, also if you receive an email and you do not recognize who is sending that to you then your response should be simple do not open it.

Hacking has always been a problem and we cannot do anything about it and now that we have gotten to a stage where everything is gradually going digital and most especially money with a lot of noobs with high level of ignorance on security measures, it even makes things quite easier for them. Over time though, noobs will just have to learn and other newer ones will also have to learn from them as time goes on. It may be a problem now, but only if we really make it one.

It is not that high problem now as you said everything is now getting being digital so you are right then how can we forget about the security of the bitcoin, the main digital currency, bitcoin has a lot of wallet those are more than enough to pervert the hacking but it is the issue we have to educate new users about this minor things which can cause then high issues like hacking and scamming so I mean if every bitcoin user will use wallets like transom and blockchain and a lot of other paper wallets and hardware wallets no one will that eligible to hack your bitcoin.

He said really well but it is not making the sign toward the investment  because investment of bitcoin is good all the time, hacking is not the big issue now as it has a lot of wallets that can easily protect our bitcoin from getting hack. Bitcoin is the anonymous so it is not possible to get your bitcoin again so it is good to use the bitcoin wallets specially the blockchain so you will not be worry about bitcoin hacking it is safe to hold your bitcoin and it is easy to use the blockchain service whenever it is needed, so avoiding hacking is in our own hands keep your bitcoin safe in wallet it will grow and you can hold it as long as you want without any fear of lose by hacking.

Use binance :) Just kiddin! You or we can not sure that. Even your wallet is not safe. They all just numbers and letters. They have a lot of bots, daily triying a lot of random private keys. This will be always a risk. So try to not care that problem :)

Yes, hackers are now the biggest enemies of cryptocurrency. The fact that 20-30% of the facts are stolen from ICO is shocking and makes any type of investment very dangerous.

We must take care of our password.

Having is indeed a serious threat for all those who are having a relationship with internet as using internet makes us highly vulnerable and that the chances of getting attacked by the hackers also get increased. If you don’t know how to stay away from these bad people, then there are likely chances that most of your coins and investment will be compromised and that hackers will take away that money too.

Hackers cannot do anything at their own until and unless we facilitates them by giving them a loophole or any such kind of vulnerability exploiting which they can take away all of our coins.

We need to be sure that no one other than ourselves knows the private key of out wallet and that we need to take some precautionary measures as well in order to keep us safe from such kind of people.

I’m not a hacker, I don’t know how hacking works and I don’t even know how far thy can go in cracking anything, but one thing for sure is that I have seen hackers break through high level securities. So that means everything has its vulnerable side. No matter how secured you try to play, things always happen when they are supposed, let’s say unless you’re 100% secured.

hacker is a big problem around the world...how to solve this kind of hendrance to us,hackers know all the system how they steal....one thing for sure is we must keep our secret profile so that hacker that steal our info that we have...everything has vulnerable,no matter how we secured always happen when they are fine our profile...

Security will always be an issue with cryptocurrency, I have also heard from friends that got their accounts hacked and coins stolen. Maybe because they didn't follow extra protocols or they were just careless. The threat with hacking is real and it's bothering me too, it's a depressing nightmare

I think you need to move your coins from safe wallet becauuse we now wallet exchanges site is only temporary better if you send your cons from exchanges site to wallet that you know are very safe. To acoid losing all incase the wallet hacked better if you spread all your coins to different incase the wallet has been hacked you have other coins because your other wallet will not hack so you have money.

It might become a problem if you trade non-stop without stopping.

There's nothing wrong if you will trade non-stop. I can't find the connection between that and being hacked.
What a trader, investor in crypto or holder needs to do is to make sure that he won't publish his private keys or seeds online.
Don't fill up suspicious google forms or spreadsheets and don't be too greedy if there are people who are asking to give you more money if you will send them first.
That's an obvious scam attempt that victims call it hacking.

I suggest you use Paxful.com instead cuz they have the best security

The existing security design of bitcoin mainly USES sha-256 and secp256k1, which are currently considered to be secure encryption algorithms, which are also used by Banks and financial institutions, including the NSA. But one of the main things that is missing is the centralization of the system (existing Banks), which is enough, because centralization can be fixed and upgraded at any time. But in this decentralized financial system, any one of these links is broken, and the whole system is broken.

Imagine that if the secp256k1 is breached, you can get the password for everyone's bitcoin account, and everyone can't report the loss, and all the bitcoins are yours. Don't say that the private key of bitcoin can't be solved, the computation speed of quantum computer is ten billion times faster than that of today. Quantum computer decoding the private key of bitcoin is only the time of industrialization.

Just follow the rules that already exist, because the rules are strong enough to we use let can not be hackers,Security is guaranteed with the rules that apply, let more safely you can save the coin in your own personal wallet,

What has trading non stop gotten to do with hacking? If you like keep trading forever without stopping, that only exposes you to high level of headache which may result to death but as long as you keep your account secured, nothing will happen to your funds. The most important thing is for you to make sure that you do not leave all your stuffs in an exchange, you keep only what you are trading with in there and you make your money from that. As long as you have most of your funds in a decentralized wallet, you have nothing to worry about as long as you do not drop your private key carelessly.

for that we ll have to be  more carefull use hardware wallet and the hacking problem has increased very much nowadays i don't know what are the security teams are doing for this hacking problem and after one by one exchange is being hacked.

The problem with security is that it cannot be dumbed down, the only way for the people that are never going to learn is to depend on someone else and that most of the time means a centralized solution for their problems and if you store your money there then that is the same as a bank, in fact that is the way banks emerged, people could not protect their coins and they let the banks to do it for them.

Trading is good, but trading continuously is not good and it can be a problem.

I think,To get rid from hacking money, you should keep your money in personal wallet. If you want to trade with them you have to take risk and enough security.

 yes. in all use on online transaction is hacking is the very big problem of all. its a very risky stage on online world. just be carefull on many site that you click and open because most of them are phishing site that steal your information and definitely steal your money too.

we need to always check our hardware and we need to check the amount in that hardware wallet. and maybe we can replace the password on our account in the exchanges in some period so we can reduce to get hacking. and if we can save our account with carefully, then we are helping our self from the attacker and we don't have a problem with the hacker.

And they will keep being attacked by them. So many times we have heard of situations of DDOS attack on a lot of platforms, but that is what gives hope and trust on using some of them anyway as they try as much as possible not to give room to any security lapses.

After all, it is still also important to always put some additional security like 2FA, email logins, sms code and strong passwords so as to prevent your account from being more vulnerable to hackers but usually people do not do these things. Security will only always be an issue for anyone that does not take security seriously.

If you leave your belongings anyhow even in the real world without some extra security on them, what do you think would happen ? It is the same thing that goes for the general world of cryptocurrency and anything that has to do with online. Once you can get yourself up to speed on how to get yourself the maximum level of security, you will be fine.

Hackers are indeed one of the biggest threat to all those who have invested their money into any of the crypto currency and have put in their coins in some online wallet.

We all need to stay away from doing any such thing which can let hackers get into our system or wallet and can actually stop them from taking away even a single crypto coin from the wallet. If we will not take good care of ourselves, then they will surely take advantage of that.

Yes hacking is a major problem in trading 💹 section. A few days ago my Ether delta account was hacked by hacker and my valuable AION token was hacked.

It has always been said not to store coins on exchanges. You should only use them for trading.

Yes but it's difficult, hackers always trying to find ways to get to your coins and the worst thing is when they find security flaws that no one knew it existed this means they can take advantage of that vulnerability without anyone knowing about it and when that happens no matter the measures you took in order to secure your coins the truth is you are at risk too.

My Etherwallet already hacked, when Etherdelta hacked  :'(
From now on I do not put any coins on any Exchanger. The two accelerators that use 2FA can be used in all. Log out after using.

No exchange is safe, and hacking is part of internet. we are not safe in the internet because of so many things and hacking is one of those.
yesterday Binance is also attacked by hackers but no fund is stolen everything is cool now.

I also invested in crypto and was aware of it, hackers are our enemies all, the only way is to use a private wallet to save our capital and use the exchange when trading only

Yes,I agree the author's opinion.
The decentralized exchanges are safer than centralized exchanges about hacking.
But the speed and experience of DEW are really bad.We have to wait for a long time
for a better DEW.
What's the most important,keep your private key well.

That's trueee , as long as you as the only one who store the value digitally aware about how crypto currency space are full of vulnerability , there's nothing to worry about hacking. It's always happened not only in crypto but also things outside crypto . So it's doesn't matter when you act carefully.

use exchange only when trading and keep your token in your personal wallet so that be safe there, it is very difficult to deal with hackers but we can still anticipate the risks.

The fact is that today one can not call for their own security, as well as the security of their personal data. If you decide to store your coins on any purse, then be sure to connect multi-level protection. + 2 factor authentication of your account.

Yes hacking problem is the major problem in the Cryptocurrency world. I have faced hacking problem a few days ago. My ethe delta account have hacked by illegal person and they stollen my pkt token.

I think you should keep your coin on offline wallet at the computer. Or choose a reputable trading platform to keep the coin online. I advise you not to use autobot to trade

You may enable very secure systems but that the end there are always ways around this, even a hardware wallet is not enough after all the hardware wallet can be stolen or some thieves can try to force you to reveal your password, your seed words, or your private keys we have seen examples of this already and as bitcoin becomes more popular I think we're going to see more of this is well.

Lol. If you are really giving a lecture on security, then you should not be giving it based on the platform and paxful is even the last one I would have mentioned in this case.

The thing is that most platforms have been able to inculcate two factor authentications on their website for every user to have an added level of security and if anyone is not using those security levels, then they expose themselves to more danger. As long as you do not just click on any phishing link and you keep yourself safe, you will not have any problem.

Ye I echo many people on here in saying there is no way of ensuring your cryptocurrency is safe on an exchange. You do not at any point control your private keys when the money is on an exchange so you at at the mercy of the dudiligence on the exchange.

I don’t know how hacking works, and I don’t know how secured our Bitcoin wallets can be cause I’m not a developer or hacker. But normally people do say that for someone to hack your account, they will need to have their hands on one of the very important info, like your email or something like that. Without that, I don’t think it will possible for hackers to hack into anything.

No one said wallet exchange is temporary but you cannot just trust them and as long as you do not have a full control over your funds, it is more like not having any funds at all because anything that happens to that exchange happens to your funds. This is the reason most of us always clamor on the fact that people should learn to make use of a wallet where they have access to their private keys as that is the only way you can be good.

The fact is that hackers break only those networks that interest them and some are very strong in mind and have some value. An ordinary Internet user or a crypto currency need not worry.

Avoid letting your guard down, the best hackers are not going to target you unless you are a whale, but that does not mean that hackers are not trying to get your small holdings they are just going to use phishing  attacks against you, if you're smart you will be able to avoid them but there are many people that will fall victim of them since they do not engage in any kind of security practice.

Anything that is relevant to computer technology has to be questioned in their minds, and hackers are the rebels of conventional thinking patterns.

Hackers are against authority, and in their eyes, there is no system or software that doesn't exist.

So when we don't trade, we have to put the cryptographic currency in our wallet.

Those japanese exchanges(as I heard) were storing all coins on hot wallets - so I'm absolutely not surprised that they were hacked. With a decent organisation exchange will never experience such problems.

Yes it's a big problem and a big threat to all of us. I know some people are not a techyy savvy but reading some blogs and articles in this forum will get you some ideas to get rid of these hackers. if you have alot of money to invest you should buy hardware wallets.

Hacking is a problem for market prices but for individual i don't see any problems at all unless you store a lot of coins to exchange because they are still vulnerable from attacks even they have tight security. Only decentralized wallets are safe after all.

Hacker is a problem that must diwaspada, because its existence is quite disturbing investors who have substantial funds.
With a personal wallet is quite overcome.but we must remain vigilant.karena all possibilities can happen.

but keep in mind , not all hackers are bad. I mean they are also good hackers or white hat hackers that helps people if they have a problem pertaining in computer related stuffs.

black hat hackers are the ones who are bad and they oftenly use their skills and ability of hacking in order to destroy the security of the system so that they can steal some cash whether on a bank or on a crypto wallet.

 however hackers isnt the issue because they are part of the internets ecosystem just like criminal in a real word environment. Police wont have a job if criminals dont exist

You can't ensure it, in field of IT and Computer Literacy it is hard and rigorous to identify their target and minds. If your holding a big million or billion better to hire an IT to fight back those greedy

hacking is a major problem in all spheres of technology. a few days ago hackers hack my mew my etherum wallet and hacked my pkt and aion tokens.

Yes hacking is big problem in our world. but no one can stop him. i think this not a sulotion of the problem. maybe your happy if you got a hack in other people. but if you work seriously and learn about your jobs. maybe you will be the one success in your life.your not afraid in karma. pls stop hacking and don't hack your niehgbor work seriouly from their future comes.

Do you have an idea of how you got hacked? Because my ether wallet does not hold your private keys that means that you were targeted specifically by the hackers, do you have an idea if someone else holding those coins were hacked as well? Because hackers have a tendency to steal a particular set of coins, somehow they get the list of all the people that invested in it and then they try to scam them.

for the safes way is not to hold to avoid hacker,hacks target the exchanges wallet by finding exploits and not the user accounts separately.If you want your funds to be safe, use exchanges for trading only and withdraw to your personal wallet....What I meant is do the trade and withdraw instantly,Exchanges were created for trading and not for holding your funds. Unless you are day trading, I see no reason on why you should keep your money on an exchange for a anything more then a few minutes....Trading with individuals on forums etc. is another option to avoid using centralized exchange....if you hold your invest in your wallet no one can say if your account will be hack....

In fact, I don't think we need to worry too much about hacking, as long as we're talking about a private wallet when we don't need a deal. Because hackers typically look for big targets like trading platforms.

We should not log on to the website of the Trojan horse, save our own wallet.

The point is you don't really control how your coins are stored on exchanges and usually apart from withdrawing them to your own wallet there is nothing much you can do.The rest is upto the exchanges to figure out what to do to keep user funds 100% safe

the exchange is one of the most secured because they put all of their coins so I do not believe it's possible to hack it if they can hack an exchange really scary to trade coins because we do not know if we're one To lose coins so the hackers are scary now.

Hacking is one of the major problems in the cryptocurrencies. Once you lose your bitcoin you lost it, there is no mechanism to recover stolen or lost Bitcoins. The best way to store your Bitcoins is on disk that is disconnected from the internet.

You can save the token in your wallet and save your private key to ensure your own funds. Hackers cannot be regarded as the biggest problem, mainly depends on the attitude of governments to treat cryptocurrencies.

No it is not the issue in bitcoin but the issue in the user because if you will use bitcoin wallet for your crypto currency then it will not make your lose anything, today everything is safe using bitcoin, it grow so be confident and use bitcoin wallet for the safety and security then it is risk free investment, mostly people share their bitcoin wallet with other people that create problem for them, so use bitcoin wallet and keep your private key away from people.

Advice is that we should all activate 2FA Atleast you give your account some additional security layer

Yes, it's a huge problem if hackers know our accounts, we can lose everything we do both in trading or in bounty campaigns, losing everything we earn because of those hackers, so be careful of hackers so do not lose the accounts or the bitcoins.

this is a problem that should be addressed by the exchange site developers about the security that should be a priority that must be owned by some trading exchanges because this of course will inhibit the growth rate of crypto currency because with the occurrence of these things will cause a sense of distrust for investors who will invest in crypto currency. as well as things to be considered for anyone using the exchange site to be more selective in choosing exchange sites that are secure enough to avoid having a loss problem in storing their owned crypto assets.

Cryptocurrency refers to a digital currency that USES cryptographic methods in the distribution process, not to say that the currency has any intelligence or magic power to identify its owner.

Deny people indeed encryption is turned against most money, so if hackers steal the key, then the money to him, so be sure to find a safe way to store your own key, and definitely don't leak it to others!

I have seen many of my friends being hacked especially when they save their tokens in mew account but they don't keep their private keys so it attracts the hacker to steal their tokens. this is the problem that we need to solve by saving our private keys in the safe place and we don't share the keys to other people. and if we can secure our account, I think we can keep our account from the attacker so we can continue what we've done before with safety.

Hacking is a widespread problem worldwide even those IT experts who created the programs are also a victim of hacking. Most common today is hacking in myetherwallett account , if you to keep your money safe you should exchange in cash and save in the banks.

Hacking is the problem ever since but there's a new problem I think that affects the market so much.
FUD news is a new thing, and it can easily affect the market because of weak people who react negatively about the news.
Hope that the market can bounce even we face so many problems along the road.

Hacking is the big problem in all field so you can make that simple and presecured it will the only way available for a common people but prevention is better than cure so i can trust that.

These days the theft has increased in a very alarming way, a friend of 300 Etherum was played yesterday. There are users who do not know how to take precautions in this regard. If theft does not happen on the stock market, there is a user error.

For that we should be more careful using wallet and hacking problem has increased very much at this time. do not let our private key is someone who knows.

Yeah, we should be very careful about browsing and clicking on suspicious link or a spam messages as this is the most probable reasons of hacking our wallet accounts. Many had been a victims of phishing that resulted to lost of funds on their accounts. So be aware of those malware.

as long as it is secure, you dont need to be worried. Dont ever give you private keys even at your close friends etc.  dont trust too much espacially if this is money involve.

Hacking is always a problem. The exchanges are upgrading and modifying their security continuously but the hackers are also mutating their hacking capability with the new security. If any exchange got hacked then we can't do anything. The only thing we can do in this case is (i) we should not invest lot of money on any new exchange (ii) Always use the popular exchanges which you know more secure than other.

There are some ERC 20 tokens which can be exchange only some exchanges like Etherdelta. keep very small amount of ETH for transaction, exchange and withdraw you funds as soon as possible.

You are right! we have to store the Bitcoin in an offline wallet in order to protect ourselves, now a days most of the people are protecting and finding possible ways to store their Bitcoin in a secret wallet.

It is the world problem in every system but mate every system have arranged some solution for it, as bitcoin hacking problem is almost solved and people got the chance to overcome this problem with the help of bitcoin wallet there are hundreds of hardware and software wallet available in market now,. So if you have trust about bitcoin security better if you try once blockchain as it is very hard to hack blockchain and it provides high stage of security, your bitcoin will remain save if you will not share about your bitcoin password with any of your friends and keep it a secret.

Hackers are very good at hacking systems, they do not need information or ask the wallet owners what password their wallet. With the expertise they have, they are able to break the password of our wallets and take all the contents that are in our wallets.
I really agree and like to save our coin in offline wallet or disk, which is not connected by internet connection. I think it would be much safer to protect our coins.

yes a hack is a huge problem. whatever the reason, hacking causes damage to the computing devices of individuals and businesses, sometimes resulting in millions of dollars lost. so keep every account

Hacking is a hot issue and hard to solve.
It depends on a lot of factors.
I advise you to protect your property carefully.

Yes hacking is a big and major problem. Many a time a information platform hacked by hacker. A few days past my etherdelta.com account private key hacked and some of my important altcoins hacked.

Hacking is indeed a very big problem especially for the ones who are either newbies or they don’t have enough of the information and the understanding regarding the things due to which they fail to take care of their private key as well as their coins and as a result of which, they fall victim of such kind of people who just take away all of their money. You need to be very much careful to avoid such situation.

Yes hacking is a problem, but if you’re very careful I don’t think you will encounter such a problem. I’m always careful when it comes to all this. I have a separate safe computer with a different email to run important business and another computer that I can use for anything. Sometimes I do get emails from sites I didn’t sign up for, but I don’t open them, I just mark them as spam and delete them immediately.Emails from unknown senders are likely to be from hackers and you should always neglect them.

Hackers is becoming more mechanism which affects bad on our account. You’re coin can be lost or not ,it depends much on your knowledge, I think so. However, it’s rare that the bitcoin users have enough knowledge to keep your bitcoin from hackers. Honestly, They are really quick, intelligent in stoling our coin. Yep, I also think that to leave bitcoin without internet connection is the best choice for getting away hackers . In brief, we should be more careful to avoid hackers.

Hacking means steal any things or valueable information. Many a times hackers hacking Ether delta DNS systems. For reasons they hacked altcoins from mew .

You can use online wallets too but i never prefer those wallets plus you need internet connection to see your all bitcoins .A USB hardware wallets can save your all coins and its a much better option.

offline wallet is without a doubt the safest way to store your crypto holdings, i heard many stories from my colleagues in crypto trading that most of them got hack without knowing the cause, it seems that hackers are getting a lot more intelligent as the year pass by and they will always find a way to steal someone's hard worked investments.

Yes it is, as issue i heard few weeks ago, Etherdelta was being hacked down also, some of member privates key wallet was being stolen.
I think those hacker will not wasting time attacking our personal computer more, but they are targeting those web wallet service or exchanges database. As holder, it is important for us to choosing good platform wallet or exchanges for securing our asset.

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Right new people most of the time they get lose only because they don’t know about the feature of bitcoin like wallets and safety, if they will be guide by the old investors they will get know about bitcoin safety it will help them to hold bitcoin for long time without getting hack, if we will not let other people to hack our bitcoin no one can do this, use bitcoin wallet, I would prefer block chain to use which is very easy and reliable to use whenever you want to buy anything at the time.

Hacking does not mean to steal money only or stealing profit only, hacking can be done with anything,. But hacking of bitcoin is now almost solved, bitcoin has invented a lot of wallets, that we use for saving our bitcoin for the long time without hacking, new people use to suffer this problem as they don’t get proper info about bitcoin before investing, if they will use bitcoin wallet at beginning then no one will hack anything from them, hacker should be ashamed of their act but we should do care for our savings so no one would dare to hack our investments.

I'm confident that all of these will be just a history because there are some projects that are perfecting their exchanges or trading site security that getting hacked would be totally impossible.

You are very much exposed to hackers and attackers at time when you put in any kind of information on internet or you play with the things related to it.

If you will not be having a good knowledge and awareness regarding the things related to that of cyber security and keep your credentials safe on internet, it will be very much difficult for you to keep yourself away from such kind of attacks.

I think for so on will be more and more hackers who're continuesly trying to take a money from our wallet and not just in the exchanger only I guess.

Exactly, hacker are everywhere, It is a big problem but we have a solution of it. I also see people using different ways to save their bitcoins and best way is to use hard wallet and store you money of crypto in it. But i think we never save our coins for a long time, we buy it and sell it when we have a profit. Time to time sell the coins it is also save way.

Hacking is no doubt one of the most serious issue which almost all of us are facing and that most of us have already been victim of this thing. You need to work out properly to keep yourself safe as if you will not do so, then things will become very much difficult for you as well and that you may also get into the trap of the hackers. You need to be sure that you are taking the right step.

I know that many people say, you shouldn’t leave money on the exchange (I put my NEO in my NEON wallet), but still, have a bit on the exchange. In one of the videos of I saw he had over 20 000 USD on the exchange.

Of course, it is recommended to remove it, but how realistic is it that it gets lost? Did anyone here have any experience with losing it while it was on the exchange?

If you’re planning on doing some day trading with those coins then leave them there. If you’re planning on holding them long term get them out. You don’t own your coins if you don’t control the private keys. I never lost money because I just started like a week ago but I’m going to try not to keep more than 5k on it. I believe most of these places have insurance but only covers if something happens on their back end. It does not cover if your specific account if it is compromised.

When I am using exchanges I do withdraw early on my wallet address so the coin will be safe and not be hacked there are many ways that can protrct your money on exchanges like just trade your coin on trusted/safe exchanges.

I also do this but there are times that I have to trade a certain coin and there is a target price, so I have no choice but to leave the coins there and wait till my buy or sell order is filled.  hacking is really a huge problem but I believe trading platform especially those huge exchange are well aware of this stuff.  So I guess they will do the best they can to block all kind of hacking attempt to their site.

We cant avoid to get worried on hacking incident since we have seen in the past on happenings on where even good exchanges are being hacked.I do only store only few coins in exchange wallet even i do actively sent them into cold storages and paying up fees and it doesnt matter as long i do know that my coins are safe. Nothing on this online world that cant really be hacked even how good their security is, the risk is always there the important thing here is that we should really be aware anytime into our actions.

We can't ensure that our money is safe on exchange sites. If you're have knowledge about security then you can withdraw all your token in exchange site to private wallet but this also can ensure that your money will quite safe. The best we should use the big exchange site like Binnace, Bittrex, as far as i know they are two site which have Security team extremely good and still haven't been hacked.

Yes it’s good to keep your funds in your wallet than keeping it in exchangers, but don’t you think that even personal wallets can also be hacked? I have seen wallet providers complain about their security being breached. So no place is 100% safe (unless, maybe offline wallets can be safe from hacking) there are some security measures you have to maintain if you don’t want to have your wallet hacked by these monsters.

Hmmm, you’re right in a way– cause keeping your cryptocurrency in exchangers is kind of a risk. You should only have them in exchange whenever you want to trade with it, apart from that, you should have it stored in your personal wallet. But even if you have them stored in your personal wallet, you still have to be careful and avoid things like opening mails from an unknown sender.

yes, we know that hacking someone's account is such a big problem because they can get and should be and they tend to benefit from it like your acc in bitcoin if it is that they're hacking it's very sad because it's one that will help you and will be able to lift you. so keep safe your account.

it is true that this is really the number one problem of hackers users because of the people who are rich and thieves who are the problem because in a moment they will lose all your hard work so all the hackers in the world can become karma and suffer for life.

No one can harm you in anyway until and unless you yourself give them a chance of taking away your money as well as all your details which can then help them in snatching away your money from you. You need to be sure that you are dealing with the right person and that no one other than you know anything regarding any of your important credentials which he can then use to hack your wallet.

Cryptocurrency exchanges are for exchanging coins, not storing them for a longer period of time. To keep in mind, don’t leave your money in an exchange for a long time. Once you buy cryptocurrency in the exchange, just immediately keep it in your personal wallet. The most important thing is keep control on your private key, never give your private keys to anybody.

To speak frankly, hackers is considerbly dangerous, their skill is very flexible and quick. When they have aim to get your wallet, it’s hard for you to keep your wallet. If you can get away from hacker, you must be good in IT. This is the trouble which makes many users get panic about their account. To keep away from hacker, you can put the crypto on cold storage and tight it at secure location. In addition, you have to keep your crypto on exchanges for active trading only. In anyway, In this crypto market, you have to prepare for the loss ,this market is absolutely risky.

to sozheleniyu any lock can be hacked, what would you do and how would not try to have a chance that you will be robbed :(

hacking and hackers is a big problem of anyone, of any government and any exchange or wallet that are online based.
Even before that there are no crypto yet, there are hackers all around the world and they are a big problem for people.
Now that currency online is a big factor in the community, hackers now are being a worse problem

Exactly it is always good to have private keys for storing them in our personal wallet, otherwise, always looks to steal the coin which is not secured. So we have to be very careful when dealing with the exchange in order to protect yourself by safeguarding your coins.

Yes, for an individual but for an exchange or trading site it is not. Hacking can only be a problem if you have no knowledge about security. Just look at banks that also operates digital transaction but the hack is only between the users and not inside the bank itself.

But if you get into the bank and use their computer you can hack them, very system have a flaw and almost every system can be hacked, one way or another.
But why to worry about it, if you ate afraid then don't keep your money there, use some offline wallet and you will be safe from hacking, buy if someone point a gun into your face you will be forced to give him your offline wallet, that is the some kind of hack too.
Don't live in fear from bad things, they can happen to anyone anytime, there are ways to protect yourself until si point, use that, be smart and avoid traps and you will be fine. Even if something bad happens don't fall into despair, learn from mistakes and keep your head up.

Yeah bitcoin wallet private key is the most important thing in bitcoin world after using bitcoin as your investment you will have to take care of your private key, don’t share it with anyone if you will keep it safe then you will surely reduce the chance for hacking, there are a lot of wallets for bitcoin which keep pour bitcoin safe from hacking. I use the best ever wallet blockchain for saving bitcoin, I hold my bitcoin and I am sure it will never get hack, I can save it as long as I want, my future will shine with my bitcoin earning.

Hacking is a major menace that the whole wide world will have to deal with. Exchanges have lost billions of dollars to hacking and individuals as well have lost quite a sum. That is why I support cryptocurrency regulation in a way as it will spell out the operating security standard. The earlier the better.

Just like what happen to me. My account have been hacked before year ends, suddenly I have recovered it. From now, I have a red trust, I am not responsible for selling accounts, but the hacker do some ridiculuos things. He set my account to be on sale. I dont know what on his mind. Dont know what will happen next, we are protecting our own account, but hackers can do a lot of things.

The cryptocurrency market seems to be growing in popularity every day. With the astronomical rise of cryptocurrencies like Bitcoin and Ethereum, there seems to be an influx of people into the market. Many cryptocurrency exchanges cannot even afford to have their account creation feature open all the time. Such is the demand for entry into the market that trading account creation for new customers is periodically disabled.

I never keep an asset on a stock exchange wallet for long periods of time, too risky to keep an asset in a 24-hour service. I prefer to keep assets in official wallets and tend to wallet offline, I only use the stock exchange wallet only when I want to sell or buy a digital asset.

Hackers are people who are hated by everyone in this world. Hackers can come anytime and take our money at will without permission. To make sure our money is safe, we must ensure that our wallet storage is secure from the people around, and storage can be done in hardware that is not connected to the internet, so as not to be detected from hackers virus when we are online.

Yes this is really a big problem to all of us because hacking activity is very ramphant  world wide and we can't sure now the safety of our investment which is currently protected by simple keys generated by a computer system.

I don't understand your concept about hackers,if there is someone hated by everyone means there are hacker?

Hackers are who are well developed in the skills of commuter who uses their knowledge to make money easily by stealing the money through technologies,but it is not a big problem here because crypto currencies cannot be hacked only they can be stolen if you keep it in a unsecured place.

2fa is there to help anyone to tighten their security. So please use it so none of our fellow crypto investors would be hacked again.

Hacking is no doubt one of the biggest threat to all of us especially to the ones who are related to that of the internet and social media. Hackers do know lot of techniques and that they are using those techniques to steal all your important credentials without even letting you know. You need to be very aware of such kind of people and that you need to stay away so that you may not become their prey.

You can never ensure that something is 100% safe on exchanges or banks. Always where people are involved there is the risk that someone tries to defraud others. The most secure method is to keep your coins in your wallet on your pc and preferably print the keys. It is basically a question of belief, because practically the banks are surely not safe considering that they hold only a fraction in money of all account balances.

Hacker attacks are something that is often feared by Bitcoin users. I myself was also afraid of Hacker's efforts in hacking our wallet.
I just do some anticipation in order to avoid my wallet from Hacker, you should keep your private key well, always keep your computer / laptop well, do cleaning and removal of cookies and access history.
This will guard against attacks from hackers.

In my own opinion any  act that go against or violate the law in the internet is considered hacking. It is truly a big problem that needs to be addressed properly. The people behind this are abusing their knowledge and ability to take control of others accounts and steal. Not all the time we can protect our ourselves from them but as much as possible we need to always secure our accounts and pin keys.

Yes, it is always a good way to keep them in the safe place instead of placing them on the exchanges. Whenever the price of the coin increases then only i will send the coin to exchange for profit purpose otherwise i will keep them in my desired wallet which has security.

Signature campaign is much difficult place to make money, because it takes s along time and also regularity. You cannot absent for long time. You will have to update your rank and for that you will have to work hard and wait for more than 2 years then if you find some project then you will be able to earn money from signature campaign. Be patient and work regularly.

In most cases people loss their funds from the exchange wallet and from scam wallet services similar to bit.ac, so it is good to keep it in a secure place than keeping it on the exchanges. When there is possibility for a bigger earning automatically the risk associated with it will be big. It's our responsibility to be on the secure side and stay away from scammers and hackers with enhanced security.

when u saving ur money on exchange no one can ensure ur money will save there
u do responsible for ur own money
better if u saving on offline wallet i think that better than saving on online wallet/exchange

Hackers have always been a big time. Hackers are very harmful to us and very much hated and avoided by many people. To ensure your money is safe on the exchange, you must be careful in storing your stored data. Should close your mouth to not tell us your wallet password from anyone. Complete your PC with a support system for hackers cannot penetrate and record data on the PC. If necessary you save your wallet data in hardware.

Once a week I stably hear about any hacker attacks, I agree, they need to think about protection!

Yes, almost every week there are reports - that the criptocurrency was stolen. It is necessary to be as safe as possible.

therefore we must be careful in storing and entering our assets. because the cyber criminals will take advantage of the slightest mistake we make. if we are careful and not arbitrarily enter the website then our assets will not be lost in the take by the hackers. and always use a safe and reliable quality wallet.