Bitcoin Forum

MythMyEtherWallet warns users of the hacked Hola application
Hola is a free VPN service with over 8 million installs and a 4.9 star rating.

Specifically, the MEW side posted the following on their Twitter:

"URGENT! If you have installed the Hola extension on a Chrome browser and have used your MEW wallet for the last 24 hours, please immediately transfer your funds to a brand new account!

We have received reports that Hola has been hacked for about 5 hours and this attack is to record your activity on MEW. "

I think myetherwallet is not safe, because recently MEW was frequently visited by hackers and the incident four months ago had total 216 ETH stolen after some DNS servers were taken over and controlled. That leads the user to a fake website

Relax bro crypto is in its infancy once blockchain technology goes mainstream there will be plenty of competition so heep hodling be calm and party on

Myetherwallet is very safe to me. It is obvious that because of how strong their security is and the safety they want for their provider or customers that is why they have alerted us on this. You know everything on the internet has a threat and is a matter of you the user to be careful and know how to protect your account. Unnecessary adds should be avoided and we should not expose our private keys to anyone.

I don't understand, it is Hola extension that has been exploited to steal your MEW account? So its more of a problem on Hola extension as far as I know. MEW is safe if you know how to protect your account. That's why you have to be very careful and it seems that they are very active in giving us warning. If you are not comfortable using it, then you might want to give other wallets a try. But thanks for the warning though. I don't used Hola extension, btw.

This is news that was posted by Myetherwallet on their twitter. And I want people to discuss it to get opinions on this point. Be relaxed and feel free to discuss.

Myetherwallet is a safe wallet if you are vigilant. You do not need to install various services that can affect security and your money will be safely stored. This is also if you say that your laptop is not safe because you installed many programs with viruses :)

The issue of use of private key to access MEW will always make it vulnerable to attacks. I think the Blue wallet is more safe to use for now because is only time that will tell what is actually safe and what is not safe.

This hack is not related to MEW security nor makes MEW less secure. What has been hacked is a browser extension. What people have to consider is the convenience of installing this type of extensions. Keep in mind that in the same way that hackers have been able to register the activity in MEW, they have been able to register any other activity in the browser. Anyway, you can always use the desktop version of MEW that is more secure.

It's been discussed before, this issue is not the problem of MEW but its a responsibilities of it's users, those last event about hacking is more on the users side, if you are very vigilant and knows how to take care of your tokens/coins you will be able to secure yourself and your investment, knowledge is the number one key factors in order to lessen any chances of being hacked inside the internet.

If there is an attack on Myetherwallet then it would be a big news here and i am sure that old members will discuss it here and give advise on what to do.

The security breach of myetherwallet has been reoccurring but all users must always double check before they go ahead in using it. To be safe i would suggest mycrypto.com as a better alternative.

There are so many MEW users got hacked but I don't know why my ETH and tokens are still fine until now :). Seem like because you guys use VPN and it's an easy way for hackers to access to your MEW wallet :). For now, you guys just need to use Metamask for MEW so everything will be fine and don't forget to hide your private key at the safest place ;)

if in my opinion and some of my senior parks are investing in bitcoin. maytherwallet is included in the secure category gan. because my friends have never lost their assets since investing in bitcoin gan.

is there any victim during the exploitation on HOLA extensions? i thought it's still on warning

by looking at the direct notification from myetherwallet official twitter, I am hesitant to continue using it, I hope the future will be no significant changes related to its security system

I believe that myetherwallet wallet is one of the most reliable wallets. Frequent hacker attacks are associated with the popularity of this wallet. However, in the vast majority of cases, the culprit is the user or third-party services (for example, VPN service)

MEW is a safe wallet. Each user is responsible what he installs on his PC, what websites he visits or extensions he uses. MEW cant be held responsible if someone loses its funds due to a hacked third party app.

Myetherwallet is very secure, so your MEW is attacked because you use third party software to access your wallet, which gives the hacker the opportunity to attack and steal the private key. You should choose safer ways and avoid using 3rd party applications.

I never knew there was a desktop version of MEW, I'll search for it on myetherwallet.com immediately, thank you for this info. I've been using MEW without any hack issues. I think it's activities of individuals that makes them prone to attacks

I have long trusted this wallet. Creators promise fast speed and safety. But this scam fraud is often hacked and I do not use it anymore.

it is safe but it depends of what you do to make it safe. i have mew and only have add blocker and metamask in my browser. it is the third party program that are not secure not the MEW. i never have an issue or hacks with my wallet and i am still using the same wallet since i started.

I think the safest and easiest way is to use a hardware wallet like a ledger nano. There is always hack risk at online wallets even you use it as offline. By the way, of course, hardware wallets also has some risk.

You could have posted a screenshot of that announcement to make this more believable and reliable as well. Still, I have not experienced any hacking nor theft in myetherwallet. Good for me. Let us just be careful when using this site to avoid being phished. Also try not to save your private keys on your social media if you want to be extra safe.

I have been using that said ethereum wallet for a long time now and so far I have not encountered any hackings of some sort but I do make sure that I do not install any crypto related plugins all of my usernames and passwords and private keys are saved on paper not in my computer.

The purse itself MEW has a sufficiently high degree of security, i do not understand, why users accuse the developers of the wallet, when they themselves neglect the elementary rules of safe handling with it and use third-party unchecked applications to enter the wallet?

It is not necessary to install questionable applications, in order to use the MEW. You need to be more vigilant, because scammers constantly want to get our money.

it may seem true there is also true what you say, yesterday my friend lost some of his assets in mew, I do not know what causes it, obviously we now have to be really careful in the transaction.

Well for me MyEtherwallet is still safe 100% in is only depends on the user on how he will protect his private key. It is safe the only thing that not is safe is the vpn that you've used. So the title i think is misleading for the content itself.

It is pretty safe to me. As already stated in previous comments, it is the users who should be extra careful. Anyway, there are other existing web wallets out there like Blue and MyCrypto which you can use should you decide to. I suggest you watch out for the launch of the Equal Web Wallet too.

MyEtherwallet is safe, for such a long time i've been using this one there is no instances that i got hacked or someone stole my funds in there. You just need to protect your private key very well and dont use anything else like extensions or vpn because they might get breached just like what happened in google dns.

yes myetherwallet is not secure because i have experienced myself i lost some of my tokens in myetherwallet i somehow what caused my token to disappear.

It's not myetherwallet fault, is hola chrome extension problem, they just remind hola Vpn user immediately move their assets to new address if you've used your wallet for the ast 24 hour because they received report that hola has been hacked, new just a UI let us easy to manage our tokens, they don't store our private key

as long as you are never touching any suspicious link or et malware and you fund will be safe. I never try to do any stupid step to clicking or visiting something that looks suspicious for me. MEW is safe wallet as long as you can keep your own personal data from someone else. A lot of people are forgetting it.

In crypto everything is unsafe, You have to secure your fund yourself,
Myetherwallet have some security issues but if we use it the proper way no problem at that all, Hola is a third party application and it is already have negativity in past this time also same thing happening, Please aware form third-party application, I recommend to use hardware wallet

My etherwallet is not really safe? I suggest if you are using myetherwallet be sure that your typing the exact address not your private key because ones your private key will you send in myetherwallet from the address it will surely scam your account its useless so be careful when you are using myetherwallet.

And the victim of this hack is Hola, not Myetherwallet. So Myetherwallet is still safe. We should say that VPN services are no longer secure. About the recent DNS hack, it's the Google Server fault, not them.

Myetherwallet is really safe! that's why I chose that from the other wallet! and is proven by many, MEW is not the problem, as long as you keep your all info in private and must know that there's no safe in this kind of business, so be careful always.

It depends on yourself.

It can be safe. Always check the https/SSL/whatever.  Don't put your private key there, use safer ways too, like metamask. I really like the wallet though and find it strange Bitcoin doesn't have a similar thing.

How did you know that it's not really safe? Maybe you gave your private key to someone or somebody compromised your private key. But i suggest to buy hardware wallets for you to store of Ethereum and ERC-20 token.

It's very sad that myetherwallet users are so unprotected from hackers. I have already heard many cases when these purses break. We all need to go to the hardware wallets, because it's safe and convenient.

MyEtherWallet is very secure. Not secure are those sites on which you leave your Ethereum purse and the extensions that you use. Next time before you give someone your wallet, think carefully.

I Think differently from other traders. I use to scatter all my coins not in just One wallet. I have cold storage wallet and hardware wallet which i use to fund my coins. Well the next time you got alot of coins you should keep and store it!

Despite of the hacking incident from the past months of myetherwallet, I have been very aware that such wallets are not that really safe. But then, I still use myetherwallet since I have been using private keys only for opening it for security purposes.

For only once I’ve used this wallet for a very rare reason and that is because I can’t view a certain token in my IMToken wallet. So with this accusation and hacking incidents, I’d rather take the safest actions and that is to contact my service support representative to address any issue within the provider itself. Won’t used anymore unreliable wallet or VPN extension services.

one of these wallets I think is safe enough even very difficult to be hacked because MEW because when we create an account at myehterwallet.com we generate a collection of cryptographic numbers: private key and your public key us. and most importantly that must be kept secret and security is our Private Key, do not be given to others, lest anyone know besides our own and do not get lost.

Its not totally MEW is unsafe because there are several kind of attacks like indirection to users or malware or phishing or any other just like extension. Those are the things we should keep an eye on because if you arent aware on the security on what you are using like browsers or having an infected PC. You would most likely lose up tokens or coins inside your MEW. I cant say MEW is unsafe wallet it would just be compromise once your private keys would be exposed into other people or simply on hackers.

What are you telling him to relax for? He is telling you about a hack vulnerability and your telling him to HODL?

This is sort of like saying Bitcoin is not safe because people keep getting their Bitcoins stolen. Bitcoin, and actually MEW, have themselves never been hacked. And that's blockchain for you, at least when it is properly secured by enough nodes.

Every hack you read about is because of people's carelessness or centralized systems getting breached.

MEW is safe, as long as YOU keep safe.

Guys please don't use closed source free versions of any software. If you don't pay for a service you are the product and the quality of a service is corresponding

 Myetherwallet is not safe. I lost 2 ETH by using it.

You know people that can easily blame things when they do lose out money
Just like this one

Or simply the dude above me is an example,blaming MEW because he do low up 2 ETH without even asking himself why he do lost it? Most common issue that his wallet being compromised because either he got phished or any other way on attaining his private keys.

If you are always cautious when opening a site then you can secure your funds. Just like what happen to the MEW users months ago when there is a warning that it is not secure because users are being redirected to a site but then they ignore the warning and just proceeded that's why their funds/tokens are stolen. In crypto, we should always secure the coins we have and do not blame the site but blame yourself for the carelessness. If you don't like the platform you are using then find others that make you feel secure.

Even we are very cautious while using MEW still it is not completely safe because recently I read that Hola VPN expetension on chrome browser hacked the MEW wallets so these kind of this are unavoidable at many times but that is we are kept saying by experts that never trust the third part applications.

I already switched to the https://mycrypto.com 2 months ago. This one created by same MEW team with better support than MEW after this team split.
So I suggest you should use it too

Yes, I also agree with you that if you know how to protect your myetheraccount, then your funds are safe in the wallet but if you don't, you can keep them in some other wallets but the fact that they gave a very good warning is also very good to prevent loss of funds.

What warning your are talking about?
There is nothing wrong with MEW in this case the third part freeware named hola has copied all the credentibles from chrome browser,so if you were used MEW on chrome with hola installed in less than 24 hours then your funds maybe already transferred so don't trust someone's freeware all the time but the problem is only with chrome browser,other users were safe.