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Recently I have seen the news that Trezor hardware wallet was hacked in 15 minutes! Was it true guys? Or I have misunderstood? I thought they have very strong security that can't be breach so easily! But look at what can be happened to Trezor within 15 minutes! So, how can we feel 100% safe in hardware wallet?

The securest to this day is the paper wallet in a fire save vault or engraved in steel plates like:
Cryptosteel
CRYPTOTAG
Blockplate
ColdTi
Billfodl
Crypto Key Stack
Crypto Keys
Cyphersafe
Steelwallet
Simbit
Quadrat Register
Cryptosteel Capsule

Hi,
The absolute security can never be had but the hardware wallet offers high security.
To perform the trezor's exploit, the attacker needs physical access to it, knowledge and suitable tools.
Just properly protect your hardware wallet to avoid these problems.

I read that as well. It's a 'flaw' in the hardware but hackers can't just accessed your funds without physically touching the wallet. The flaw can't be fixed on existing wallets and you'll have to wait for the new design if you want a safer one. There is a way to protect your funds even if hackers got a hold of your wallet though and that is to activate the BIP39 pass phrase.

Moral lesson here is put to your hardware wallet somewhere safe and not just leave it elsewhere.

Hardware wallets are not the most secure option. They're the best mix between security and convenience. And as said, most problems they have are related to physical access to them, which should not happen.
I still believe that hardware wallets should be used for every day expenses and the "HODL" funds should stay somewhere completely offline.
Cold storage is not so difficult to use anymore for the ones with basic computer skills, but it's still underused.

Much safer hardware wallet, compared to storing your private key on your computer or HDD / cloud / other storage. also had time to read the news about it. but the hacker needs direct access to the hardware wallet. otherwise, it will not be able and need special equipment to retrieve the seed or private key security. so basically the hardware wallet must be kept in a safe place. during this time I use a hardware wallet no problems at all, and runs normally.

Hardware wallet rare chances to hack because of more secure wallets but if any body-safe seed or prases in the system or their laptop or mobile than hackers can hack their seeds or phrase and import them to another Trezor device so always keep seed or praise in manually written on paper to secure place.

For those of you wondering about the source of the OP, here's one Kraken Security Labs: Hackers can exploit Trezor hardware wallets with only 15 minutes of physical access to the device (https://www.theblockcrypto.com/post/54631/kraken-security-labs-hackers-can-exploit-trezor-hardware-wallets-with-only-15-minutes-of-physical-access-to-the-device)

It's true that Trezor could be hacked and it was proven by people from Ledger and Kraken.

They do have a strong security. In the case of Trezor, you can simply activate the BIP39 passphrase and what you are worrying about will be gone. Unfortunately, that was only made optional by Trezor, it could have been better if it was activated by default.

---

I'm not sure how basic my computer skills is but this is something that I would also like to know.

Don't let anyone get hold of your wallet.
You sound like someone who didn't take 5 minutes to investigate the issue. Don't panic, take a deep breath and read the link @Bttzed03 posted. There is a way to prevent the wallet from getting hacked.

But if you're worried about harware wallets, set up a wallet in an air-gapped PC. If that's too much of a hassle, then just encrypt your wallet (private keys, seeds, whatever), then encrypt the device where you put your private keys on, and put it in a safe deposit box.

To my knowledge, hardware wallet are the most secure wallet not to mention Trezor which is one of the most secure wallet in the crypto sphere and i believe human error was the reason the wallet hacked in 15minutes occurred.

The same thing applied to all secure wallets if the right precautions are not taken the wallet will be hack.

Note : the new precaution for Trezor is never let anyone physical access ones wallet and setting BIP39 passphrase

Seriously I don't feel comfortable using hardware wallet because they aren't safe from natural disaster too and you still have to keep your private key safe so paper wallet makes more sense to me than hardware wallet

I never used Trezor wallet. But I am using Ledger for a while and I am satisfied with its performance.
Nothing is %100 completely safe including hardware wallet. Don't forget that. And be always cautious.

No matter how strong a security is, it can be tamper with at anytime . There is no 100% guarantee security. We must be careful because no perfect innovation.

And how you tamper with a metal plate wallet?

Personally i am not a big fan of hardware wallets and the biggest point for guys like me is we can forget where we placed it and just loose all our coins in the process because loosing a hardware wallet is just too easy, someone in your home can throw it in trash or some maintenance guy can take it with him or you can simply misplace it at a too secret place which even you dont recall later, i think it is an online technology and based on software and programming so we need more secure online wallets rather than fancy hardware wallets that are easy to be stolen or misplaced.

You have a alternative option to keep safe your hardware wallet. Not like that for any type of damage you can't restore it. Trezor wallet hacked so easily even fifteen minutes it’s a rumours or not i don’t know actually. This wallet safety more strong as per as a offline service provider. It's hacked or stolen in manually i mean changing hand by another well known people.                           

Of course this is a misunderstood or very wrong information. Especially I don't believe this types of news, hardware wallet is safe than any software wallet. Without connect how any wallet could hacked, some software wallet is also secure. Even my next plan is to store my coin in hardware wallet.

I've looked into some news if it was recent but sorry there's no such news as you have sourced out. Trezor wasn't hacked and it's one of the best hardware wallets out there. It has been trusted for a long time and I doubt it if ever someone hacks them, they'll quickly respond from that incident.

Where did you hear this news? You misunderstood it and I think before posting this kind of topic, search it first in google if there's something like this that happened recently but there's none.

It was hacked physically, and it's kinda bad, but it could have been worse, it could have been hacked remotely when you connect it to an infected computer. I'd say the most important security feature of hardware wallets still holds - isolating private keys from an untrusted environment and allowing to send transactions while connected to it. I don't think it's theoretically possible to store unencrypted key on any piece of hardware in a way that makes it impossible to retrieve this key while having full physical access.

Although am yet to read the news but I still think it offers a better form of security, at least it's better than saving in exchanges. The thing is in this space, owing to its value and worth people are constantly looking for ways to hack or exploit users, holders and investors of their hard earned money. Which has lead to more hacks etc and therefore making it look like in this crypto space users funds can't be 100% secure while they really can. So I still maintain my stand, hardware wallets are secured and in the meantime will check up the news on that hacking.

The security flaws will always there but this is my first time to see there is a flaw in my trezor wallet one series. I have stored for a few years in my trezor wallet and nothing happen and all gone very smooth until kraken was reveal. Maybe you are missing some sentences here just like this

https://www.financemagnates.com/cryptocurrency/news/kraken-says-trezor-wallets-can-be-hacked-in-15-minutes/

I have my very strong passphrase anytime and i never feel worried about that. Just remember never try to put all of your money in one basket. Just activate all of the security features that already provided in your hardware wallet and that's enough to make you safe.

You can read official response here.

(https://blog.trezor.io/our-response-to-the-read-protection-downgrade-attack-28d23f8949c6)

So they acknowledge the hacked, however, for us more mortals, it will be very hard to perform that exploit, as you need to have special skills to really break the hardware wallet, so it's not that easy as it sound. So for me it is still 100% safe.

Hardwallet is still secured especially when you’re the only knows about it. Its security is good it just happen that hackers are so genius and know where to start, maybe he saw that hardwallet before. Since trezor acknowledge the hacking incident, I hope that they will increase more their security on the wallet and make it more impossible to hack it unless the owners made a big mistake and expose their keys.

Correct, you can read from their response that you need to see the conditions before the hackers can exploit the system. Then you have to the skills or specialised hardware to get inside and perform the exploit. And for those who wanted to buy Trezor, go for the official site and not just from some websites so that you will stay safe.

We definitely know that but hardware wallet is one of the most secure wallet. Basically, what happened might be that, the hacker got access to the hardware wallet from where he/she exploit the target victim. With the knowledge I got from science, it won't be possible to hack hardware wallets without physical access. Hardware wallets are among the most reliable wallets in this industry.

I personally haven't heard the news about the hack, but as long as I use the hardware wallet I don't find any problems and I'm satisfied using it. We must know that hackers are also smarter at this time in carrying out their actions and always find new ways, therefore we must be careful to access something that is connected to the internet, especially if the source is unknown or uses other new devices.

of course with a hardware wallet you can secure the assets that you have well because the wallet is not always connected to the computer and has very high security so hackers who usually steal through computers will have difficulty entering the hardware wallet system.

It was hacked once someone had it in their hands. Nothing is 100% secure. There are always risks if you do not minimise them.

The point of hardware wallet is that private keys dont leave the HW and even if machine you are on have some malware your keys and coins are safe. That is it. That is the function of hardware wallet. Nothing else.  

Can you provide the link, please? Actually, a hardware wallet is more preferable and save enough than the online wallet. However, if it is hacked, it is one of the weaknesses that may happen to all devices. This is so silly. But, we should know what reasons make the hardware hacked, the low-security system or the carefulness of the owner?

Personally I will just use paper wallet and store them there find safe location and keep it there There is no need for expensive hardware but if you want that there are some hardware wallet that are secured enough It depends on your handling most of the time

How can Hackers access it if you don't have the hardware? Nothing is 100% safe but if we can secure our Hardware Wallet it is still the best choice in my opinion

No storage solution for cryptocurrencies is perfectly secure and it's unrealistic to ever expect anything to be completely foolproof, but hardware wallets are a great compromise between security and usability for most people when compared to other more 'hot' wallets and paper wallets and other cold storage solutions, so I find them to be secure enough as long as you aren't keeping all your funds in one place. Always distribute your holdings between multiple storage solutions, so if one thing is compromised, you still have the majority of your funds.

This story can't be confirmed as it really hacked or someone close to the person who is an owner of the wallet, acquired an access to that wallet of interest. Security maybe breached when there's a third party involved, which we're having no control out of it. Hardware wallet has very strong security compared with online or software wallet, because it will run independently and doesn't need any network connection but it should be handled confidentiality without the knowledge of other strangers.

Either trezor or ledger hardware wallet you still need to keep your keys safe which is why I ask myself why the need of a hardware wallet when you still have to keep your private key secured? its same thing with mobile wallets and paper wallets, Keeping private keys safe

That's possible if they can gain personal access to your trezor. I dont think its that easy to hack a hardware wallet especially if its well encrypted and secured. Chances that you be hacked is if the wallet back up has been leaked which they can import your btc wallet easily. Stored the backup key somewhere safe. I heard of these scams but for me, this isnt a typical hacking like using web wallets.
Exactly, only those who are really careless will be compromised with this method. Keeping your key and avoiding clicking phishing sites are the best method of prevention. Dont believe in such article lurkings without any valid proof. Some are just creating nonsense fud.

You'll need 2 USB sticks and your computer/laptop. I'll assume you have the seed written onto paper and you know if your address starts with 1, 3 or bc1.

1. Burn Tails OS onto stick 1. All you need is explained on https://tails.boum.org/

Tails OS has Electrum on it. It's a bit overkill to use it since any live OS would do, but this one is already set up.
I won't discuss about persistent storage either, I'll consider that more advanced than the current purpose. Yes, this means that you'll enter the seed on every run of Tails, but if you make payments more often you better buy a hardware wallet.

2. Make sure your computer is not connected to internet (this means: unplug the cable if you have wired internet; if you're wireless you're good).

3. Boot from stick 1 into Tails OS, start Electrum, enter the seed for your wallet.

4. From Electrum tutorial (https://electrum.readthedocs.io/en/latest/coldstorage.html) read how to get the master public key. Plug in stick 2 and copy the master public key into a text file onto stick 2.

5. Shut down, remove both sticks, start computer into your normal OS. Start Electrum there and create a new watch only wallet based on the master public key from stick 2 (see the same Electrum tutorial (https://electrum.readthedocs.io/en/latest/coldstorage.html))

And you are set.
Keep in mind that every time, before you boot from stick 1 you have to check that you have the internet unplugged.

When you want to spend, create the transaction in Electrum on your main computer from the watch only wallet, save it to stick 2, boot into Tails OS (and start Electrum, enter seed, load tx from stick 2), sign that transaction and save it signed to stick 2, boot again to the main computer, load up the signed transaction and broadcast it. All it's explained with images in the same page of Electrum docs (https://electrum.readthedocs.io/en/latest/coldstorage.html).

---

So all you need to know is to follow pretty well explained steps (on Tails OS and Electrum doc pages), boot from USB where necessary and work with USB sticks.

I don't know if there is such a news if you have one, you should just drop the link here for us to verify the truth fullness of the news, hardware wallet is very secured so many people have verified that it is the safes and it is created to be the most secured wallet, it is quite expensive because they guaranty it's use fullness and security.

at least he should be able to provide valid evidence because until now I use a hardware wallet like that is also still safe, maybe depending on where he has access to the wallet because hackers will usually try to hack through a computer that has been infected by hackers so that their assets are stolen, it's better to access the wallet on a computer that really has very high security.

Hardware wallets are into the market for more than 5 years and I guess this much long duration would be more than enough for exploiting its weakness if any. Also, hardware wallet is not a big thing, it is 80% similar to what we have as wallets on desktop or mobile phones. Similar software but runs in a USB device.

Hardware wallet will be safer as you will be having their recovery phrases. Even your device is broken or stolen, you can get your coins back. The main aspect of hardware wallet is, once you unplug the device, it become disconnected from internet which means you are getting into cold storage in quicker manner. For this reason, hardware wallets are getting their fame.

My opinion it could happen, if Trezor is connected to a PC that is online to the internet, but if Trezor is not connected it is very unlikely that happens. No matter how great a security system it is, humans can certainly be hacked into by other, more intelligent humans

Paper wallet is the best choice ever but regarding the trezor's problem and the developer of trezor has already made an announcement about that. it seems like that people aware of that and they are setting the passphrase to secure their funds on the trezor wallet.

For sensitive matters related to security like this, it's good for the OP to include the news link that you read, so we can analyze it together, who knows there are things that are explained that make security impenetrable.
Well, nothing is secure, even though the hardware wallet is one of the safest devices, but it can still be broken if the user makes a small mistake. At least, by choosing the best storage area, by providing double security, and choosing the lowest risk is the maximum effort that can be done. Do not let it scare and do not forget to always pray so that security is more awake.

Well it's not an impossible thing. Look at Binance exchange, they have extreme security system but they were hacked last year. So it's really rare to say that which exchange or wallet is most secure. In my opinion hardware wallet is more secure than paper or other wallet. And i also agree that Trezor have very strong security though. Hope they take some action for that and find some good solution for secure people's asset.

Easy. Store crypto on hardware wallet. Put hardware wallet away for x years. Come back to cash out using a new computer.  Done no hacks hah

Yes, I think a big carelessness when that happens, yeah right don't just carelessly click on the link attached in the email or the application message if the sender isn't certain. For emails must be suspicious of all shared links, so make sure, make sure and re-make sure before clicking on it

To this day paper wallets are the most secure wallet if done right.

Hardware wallets at best good enough for small amounts, for short time storage
https://www.reddit.com/r/CryptoCurrency/comments/f352ur/ledger_backdoor_having_trouble_coming_up_with_any/

Maybe its true. But remember that you will be having a hard time to just hack the physical wallet since we all know that you need to have that wallet first for you to be able to hack it. Unlike those crypto wallet that is online. They can just hack it by doing scripts. Physical wallet is better than online wallet. Maybe Trezor wallet has been hack because hackers got their wallet. Inside job maybe.

Every single wallets in crypto space aren't safe, mobile wallet, hardware wallet, paper wallet, windows wallet, it all comes down to keeping your private keys safe, these wallets can't do that for you

I think this hardware wallet is still safe if you access it to a truly secure device because even though the hardware wallet is equipped with high security but you access it to a device full of viruses, it will also affect your wallet which will be threatened.

Hardware wallets are meant to keep your funds safe with the most assured security, except some security measures which are the responsibilities of the owner are bridged. The hack might have been done by someone very close to the owner. I do not think there is any fault or flaw on the hardware. If you know you are among those who you feel could do such, it is better you keep your wallet in the safest place and do not disclose your password to anyone.

It is true we should also be the one to protect it just because it is said to be secured doesn't meanthat we should just access it anywhere we want.
We should always keep it clean from all of the potential threat virus or any kind of hack not just the hardware wallet but also the device that we are using to open the wallet.
For me it is still the most secured wallet out of all the crypto wallet at the moment.

Every ways we keep coins are damageable, hardware wallet and paper wallet, the best one is using steel and crafting your recovery seed on the steel, this can withstand any wrath from nature, the most important part is keeping your private key and I bet you can't keep it in your head or cram it in your brain

Hardware wallets are not indestructible, secondly you still have to worry about keeping your private key safe, I don't bother buying hardware waller because everything hardware wallet can do is present in mobile wallets now, use of password and fingerprints or 2FA is nothing new anymore

Regarding the security of the wallet lies in the way we protect the personal keys of our wallet, because if we cannot protect the personal keys of our own wallet, whatever the name of the wallet is and of whatever type the wallet is made, it will still not be safe.

you said hack on 15 minutes so that means they are only showing it . i mean its thier own wallet and funds that are being used on that act but dont worry because hardware wallet is not that easily to hack because hey they are offline most of the time  except by the time you connect it online of on your device  .  how much more if its a good brand such as trezor  .  we can really sure with thier security and quality  .  nothing too worry much as long as we are doing a good security measures  .

I have a ledger wallet, and in my opinion it's quite safe because every outgoing transaction requires our permission, so I think it's very difficult to hack, and for Trezor I don't know because I don't have it, but it seems the same system as ledger

The most vulnerable thing on hardware wallets is the paper recovery sheet, many people do not understand how important is to hide it before internet, so they take a photo of a phrase and then upload to a cloud. The worst what you can do  :-\.

The only way a hardware wallet can be hacked is if someone has your seed phrase or your private key. Among all wallets, it is considered the most secure since you are the only one who has access to your private key. Keeping your seed phrase offline is the safest way, never put it online.

The main danger when using any cryptocurrency wallet it the chance to loose your private key somehow - this might be phishing, comuter virus etc. Hardware wallet secures you from these kinds of attacks.

Well,no if true. You can not read the voltage of a paper wallet to this day the most secure wallet.
https://www.reddit.com/r/CryptoCurrency/comments/f352ur/ledger_backdoor_having_trouble_coming_up_with_any/

It offers better security over desktop and web wallets but as others said paper wallet is highly secured but its not durable so we have best security with hardware wallets.Even hardware wallets get physical damage in that case you can recover with recovery seeds so you have to keep them in a place where no one can access those keys if you want your cryptos assets to be safe...

I would prefer the Ledger hardware wallet over the Trezor. Hardware wallet won't be secure enough if you don't use it with cautions. Never ever take a picture of your house code, don't upload or share on online, write down on a paper and keep it in a secret place. Don't disclose the password and keep safe your hardware device. If you do these things perfectly then have a faith that hackers will fail to steal your money!

It has been demonstrated that Trezor and Ledger have been hacked.
They certainly not fire proof, water will damage them, corrosion will also put an end to it, and so a blow with a hammer driver over it or electricity.
Never seen it demonstrated a private key with 7 or longer character password get hacked. None of the before mentioned will affect a steel plate.
Its debatable if Trezor and Ledger are even "hardware" wallets.

I think yes hardware wallet is one of the types of wallet to choose and I think its enough to secure our money. But still theres possibility hardware wallet can be hacked especually when you put easy pasdword, so I think before we put are money in wallet make sure our password is really hard to guess and only you know about it. To prevent hacked our wallet we should have strong password to make.

Everyone talks about how "safe" or not it is but nobody realizes this is a question more regarding how safe it is compared to other stuff. I mean sure hardware wallet could maybe cracked or hacked even, it could be lost, it could be forgotten somewhere else, stolen even and there are tons of ways your money could be taken from you even if you use a hardware wallet.

However reality is, putting it on your computer without decent back up means you could lose it when pc crashes, putting on exchange means you could lose it when exchange exit scams, putting on blockchain itself to an address online means you need all the keys and what not which you may lose. Basically no matter what you do, you may end up losing your money, so comparatively speaking hardware wallets are really good choices.

I don't use that wallet and I do not know if that true or not. But the things that I know every wallet that we use are prone to hacker because they want to get our coins to our wallet our use and even other types of wallet are posaible to hack not only the hardware wallet.

The safety of your coins is in yours because even the wallet is safe as long as you do something that hackers compromised your identity such as email and password your money will be gone there is no safe system but you can prevent hacker for hacking your wallet.

I think you misunderstood the news you have read,

"Experts at the security laboratory of the Kraken cryptocurrency exchange showed a method for extracting and cracking seed phrases from the Trezor One and Trezor Model T hardware crypto-wallets. The hack requires 15 minutes of physical access to the Trezor and the $75 device." (https://medium.com/the-capital/trezor-hardware-wallet-hacked-in-15-min-and-75-e3c23ced166)

There is no case of hacking on trezor, the experts only just point out the flaws in the security of this hardware wallet. But the idea of how they extracted the seed phrases is not actually easy that can be done by anyone. Trezor is still safe as long as users put the information of their wallet into safety.

No one in their right mind would divuldge any of you mentioned I think. Most of the hardware wallets are really tight secured but I dont think Ledger has an advantage over Trezor for me they are both highly secured. Its just that Nano Ledger is most frequently used.

 
No if you leaked your pass phrase is your account can also be compromised. As the wallet created on your hardware but that can still be access once your passphrase has been used. The only safety of hardware is it cant be attack through software.

As long as the owner holds that wallet and passphrase are not revealed to someone else I don't think it's possible. Hacker needs to has physical access to that wallet or that passphrase. I think those wallets build in this way so that without that hardware device or passphrase it can't be accessible. I think its a fake video.

You see that's the point about all crypto wallets, you still have to keep your keys safe from preying eyes, so why hardware wallet? as if its impossible to lose your private keys

The hard truth is, nothing in this world can be protected forever. Whether it be a living thing or a non-living thing.
We can only try to secure a thing for as long as possible but eventually it has to go some day.
A hardware wallet is the most secure wallet out there but even that can be cracked by some means.
We just have to find a way to crack it. As  @rosezionjohn (https://bitcointalk.org/index.php?action=profile;u=1215093) said, in this case, the wallet had a flaw by which the hackers were able to crack it.
I am sure that the flaw will be rectified soon.

Hardware wallets or other wallets such as desktop, web, Keystore, and others, do not guarantee security. The one who guarantees security is of course only ourselves. Security is increasing, so are hackers. So it's better even if we use a hardware wallet, we still provide double security.

Security is the first thing that comes in our mind if we are putting some of our money to the wallet. Software wallet right now is secured enough but still there are some scammers and hackers that are victimizing people so if you will ask me if Hardware wallet is secured enough then I can say that it is not. Always remember that no system is secured for those hackers that knows and knowledgeable in terms of computer and internet.

it's not. some times the hacker can use the vulnerability that available from the wallet if the developer was not yet fixed it. this case already happened with so many people in the past when their hardware wallet got exploited by the hacker through the vulnerability. we must also keep the latest update for our hardware wallet too.

I believe hardware wallets are much secure wallets but they are also not 100% safe. The primary purpose of a hardware wallet has always been to protect users and funds against malware attacks, computer viruses, and various other remote dangers. so hardware wallets are not 100% safe because they can be hacked..

A hardware wallet is honestly a secured wallet like trezor and ledger. I think the news that you have heard about a trezor wallet was hacked in 15 minutes is maybe because he goes online using his wallet that a hacker has a chance to have an access in the walllet or he might not be using a legitimate trezor wallet.

Indeed mate, an experienced hacker needs not too much time to get into your wallet's information, no system or device is fully and 100 secured once you go online you can be hacked within short amount of time so that is a good advice, to be updated to the latest patch or something in order to get the full capability of the wallet. Also check the device that you are going to use your wallet with because it might also be the reason of being hacked

In my opinion hardware wallet are typically safe, they are safe if it is used properly. On the other hand it never expose the private keys during transactions, we should have to confuse ourself when it comes to security like how good it is. Until and unless password protection is secured then there is no need to worry.

Hardware wallet are safe unless you are not doing stupid thing and giving your wallet phase to others to play with it. Majority of available hardware are thoroughly tested and undergo various attack to test their security so they are able to provide crack proof support so i know its pretty safe to have one.

Both of your opinions are wrong. You undoubtedly didn't read the first page of this thread.
Based on research conducted by the Kraken security lab team, they found a security hole in the Trezor hardware wallet. They predict that if the hacker gets access to your hardware wallet and you forget to activate the BIP39 passphrase, they can extract your wallet seeds with a security hole found by the team Kraken.

To this day the most secure wallet by far (if password is 7 characters or more)
https://i.ibb.co/SnLLrF6/Untitled.jpg (https://ibb.co/BZ11N0f)

Absolutely, hardware wallets are the best form of keeping your cryptocurrencies safe because hardware wallets store your private keys offline and this makes it highly impossible for anybody to access your funds from a remote area. I prefer to use the Ledger or Keepkey wallet other than Trezor though, maybe you should try that out as well.

Everything is as safe as the behavior of the person using it. Bitcoin itself is safe, it is built to be safe from hacking. But it does not matter if you are using a software wallet or a hardware one,,, if someone has access, they will and they can take your bitcoin. Securing your passwords is also pointless if you do not even understand PIN PW and PRIVATE KEYS,,, like Schiff:)

Nothing is ever 100%. Especially security. Some wallets are just more secured than the other. Most importantly, the security of wallets is a factor of the user. In as much as users want wallets to be technically safe, it is more of their responsibility to make it safe. All the wallets have their ups and downsides. So, do users. Hardware wallets (or any other wallets) can be safer if users play their part in guarding against various levels of intrusions. It is not just about the wallets, it is also about how users use them.

That's right no wallet has the 100% when it comes to their security and it is kind of hard to maintain a 100 percentage of security over the wallet but the thing is it will help their wallet in terms of security when the users will be more careful also when it comes to their own wallet and etc. Hardware wallet like ledger is secured enough and I can say that this is good wallet but the use of it is quite good also to be secured your wallet.

I mean, it doesn't matter if it's hardware wallet or software/web wallet you are using, there are no safe system in this world. As the time being, even they have tight security they(hackers) will definitely find the bug to actually steal your money. We all know this, but since people are mostly "okay" with hardware wallet because they are expensive and it's hardware so they will just definitely believe it without researching first.

I might believe some new hardware wallets can easily be hacked. But these known wallets have a better solution to protect their customer funds, yes, there's no 100% secure but they're all doing all means of security to strengthen their protection.

The cold wallet always gets the approval as the best place to store assets in crypto but in general, it's not absolutely safe when we become the ones that will preserve our assets, say in a different angle, if we are not careful and losing these hardware wallets, the chance of complete asset loss is huge and irreversible. Even when it falls into the hands of technical professionals, they seem to have the tools to set up and encrypt all assets, so nothing is too safe, we should divide to eliminate unexpected risks

This could be very very rare case in cryptocurrency. Hardware wallet is always safe than any other wallet. Or I think this could be misunderstood or fake news. Don't need to worry, they have very strong security to protect wallet. But I can't suggest to anyone to hate this hardware wallet.

I think that hardware wallet is still more secure than other wallets out there. The only problem is your maintenance of your hardware, aside from that, you dont have to worrry about anything else.

It is just a misunderstanding.
Please see below medium article to know that there is no victim of hacking in Trezor within 15 minutes.
https://medium.com/the-capital/trezor-hardware-wallet-hacked-in-15-min-and-75-e3c23ced166 (https://medium.com/the-capital/trezor-hardware-wallet-hacked-in-15-min-and-75-e3c23ced166)
This is about how they have found a way to extract seed phrases from Trezor One and Trezor Model T hardware crypto wallets.
It is stated that it only requires 15 minutes of physical access to do the method.

Please take note of the word "Physical access" - means that as long as your Trezor is in safe hands, your wallet is safe. No matter what the hacker does, even if they tried to follow this method, there is no slightest possibility to succeed if they don't have physical access to your Trezor.

How can they get hacked? I have not read this information. As far as I think that in terms of online security from a hardware wallet hacker is the safest considering that the only weakness lies in the tool or the hardware itself, because it is prone to being stolen or anything that causes the hardware to be damaged and cannot be used

Trezor (https://medium.com/the-capital/trezor-hardware-wallet-hacked-in-15-min-and-75-e3c23ced166) or  Ledger (funds gone)  (https://www.reddit.com/r/CryptoCurrency/comments/f352ur/ledger_backdoor_having_trouble_coming_up_with_any/) both have been compromised.

Here have full physical access to the proper hardware wallet. As long as password is 7 or more character you want gain access no matter what.
https://i.ibb.co/SnLLrF6/Untitled.jpg (https://ibb.co/BZ11N0f)

Obviously, a hardware wallet is very safe compared to other software wallets, and basically all wallets must be kept properly, so that the assets in the wallet can be completely safe from other people's attacks.

Well, it seems that there is a faulty in the part of the owner of the hardware wallet for he have carelessly mishandled his hardware wallet making the hacker have a physical access on the hardware wallet itself. It is really impossible on my thought for a hacker to do have an access to a hardware waller unless he have a physical access on it. Compared to online wallets, hardware wallets do provide tough security because your cryptocurrency coins are out of the online world where most hackers can possibly do have an access to your account even without your notice or permission. So I think the fault is really into the holder or owner of the hardware wallet that is why hacker have an access into his assets. Although hardware wallets like Trezor do provide security for your cryptocurrencies still it is in need for the holder to be responsible enough on handling or taking good care of his hardware wallet to be able not to make hackers do have an access on it.

Any wallet that you decide to make use of usually have their pros and cons. You’re not lying about the Trezor wallet being hacked in 15 minutes, I have seen some people having this same concern about hardware wallets. Maybe like the first comment said, paper wallets are the best wallets there is, but there are still some risks that are involved in making use of paper wallets, unless you’re going to secure them properly.

There are also some other wallets that stores your coins on a debit card or metal. I don’t really have the time for all these, I just make use of any wallet I want and I mostly make use of mobile wallets. My coins are not stored in one wallet, I separate them and they are on different devices.

This was a long read.  Good stuff though.  I don't worry about the BTC or BCH on my Trezor(s) because I have long BIP 39 passwords.  Where I do have concerns, and remember this is the AltCoin forum, is when using a hardware wallet with Monero or some coin that doesn't have BIP protections.  The notion that someone could gain physical access to my hardware stick and then capture the seed is scary.  The reality is that the hardware wallet hack is for SURE true, but it involves some super high level skills to pull it off.  If my Trezor's got stolen/lost I would immediately move the Alt Coins and hopefully before someone could capture the SEED inside.

Back in the day I used paper wallets often.  For long term storage they may make sense.  For coins that are fluid/ready to be deployed in a few moments notice paper sucks, it just does.

Seeing that incident, when a domppet is easily hacked to be hacked and then takes the entire contents of the wallet, of course everyone does not want to want it, and I think it is a candidate for an insecure wallet.

From my personal experience, Hardware wallets are even more secure than online wallets, they are not easy to be accessed by thirdparty, unless you grant them access.

Many people say that hardware is safer because it is not connected to the internet but in my opinion, mobile wallet is also quite safe as long as we don't share seed words with others and we protect them with a password.

Don't worry man . The safest way to go to store the crypto currency is by using hardware wallet. Using hardware wallet means that people can't access without physical access of the wallet. But be careful make sure that you save the private key in a safe place and save a copy in a different location.

This is horrible advice. Anything connected to the internet is never considered safe, especially your crypto.

There are many malwares on many smart phones, especially Android devices. There could be some virus, which could trace your keywords on your phone and when you unlock your mobile wallet, it can send the funds to the hackers address. Or it can install some type of clipboard virus or QR code virus which automatically changes the address that you send your coins too. Your phone is always communicating with the outside world, because its made to do that, however you have no idea what info it sends to which parties. Don't keep any crypto, especially large sums on a mobile device. Either use Electrum/Armoury in cold storage or just get a hardware wallet.

Actually all hardware wallets have been upgraded very high security as well as Trezor although there can be issues in the-hacking in a very short time, this can happen because the hackers already have a way in itself Commit crimes, so the high level of security in a wallet can not guarantee completely to hackers can penetrate it.

I was wondering how this was possible until someone said the hacker actually needs a physical access to your wallet, this way one needs to be very careful what they say about their cryptocurrency asset on social media and in public, and the hardware wallet should be well kept in not easily accessible place.

Without pushing something install hardware wallet is safer than software wallet. Keeping your phrases word you software wallet is also safe. Please give me this link, although I'm guessing this could be for misunderstood news. This technology in some cases those wallet are equal safe, just hardware is different device to extra secure and enough more secure.

In the end nothing in the world is "safe enough" if you look at it that way. Your cash could be stolen at any moment you step outside, your credit card information could be stolen when you are shopping, even money in your bank account could be hacked or worse when your national crisis reaches to a point they can get a hold of it and ban you from using it (Cyprus anyone?).

So, as long as you have money, there is no way you can keep it. Let me tell you what happened to my grandfather, he had a HUUUGE land in right at the heart of the city where I live, government tried to negotiate with him to buy that land from him so they can build a hospital, however they literally offered 2 years salary for it, now we are talking about one of the most crowded hospitals in our city and they offered just 2 years salary for that.

My grandfather of course declined, what happened? They just took it and courts basically punished the government and made them pay 2.5!! months salary worth of money, 2.5 months, it was basically nothing in the end, just a big zero for the biggest hospital in all of the city. Nothing is safe enough.

Yes. That's very essential when a hacker wants to steal your funds from a physical wallet. This is a very good solution for those who are still looking to look for better security. Without the access or having the wallet itself, no one can access the fund.
Because there's a need to verify the transaction which will appear to the small screen of ledger, for example.

No, hardware wallets aren't secured enough because they are just a piece of hardware in plastics that can died on you or get stolen, still you have to keep your Private Key safe so why buy hardware wallet when you have to worry about keeping private key safe?

Unfortunately there are no absolutely safe storage places, nothing is 100% safe. You can find an approach to any system and hack it.
It is up to you to hack your system and your private keys or not. However, cold wallets are the safest of what is on the market at the moment.

But no one will give you a 100% guarantee.

A hardware wallet is secure enough when you know how to keep it safe without tried to access it through using infected hardware like infected PC or something else. The private key is also having more risk to be stored by the users. In my experience, if that is better to use a paper wallet rather than a private key. You can sure if your wallet will be 100% safe.

actually the hardware wallet is safe if we use it well and not just store it, indeed at any time the hardware wallet can be lost or stolen but we still have a beckup and password in my opinion it's an additional security that is quite safe in the hardware wallet

Sorry to say but hardware wallet is just same thing with normal mobile wallets to me, you can use your finger print to lock your wallet on mobile with key combinations too, as for both you still have to copy your private key to another safe location

The ideal is to secure assets more but some other factor-like convenience is required, in term of the security hardware wallet is safe followed by fundamental wallet Blockchain wallet and myetherwallet if you properly store your keys and they're convenient since you can  use anywhere with any device but for a hardware wallet, you have to carry it so you can access anywhere which seems not convenient.

Nothing can guarantee 100% security, we can only minimize the incidence of hacking by using hardwallets, and also there will always be updates so users feel safe when using Trezor. As long as we are careful when using the internet I think everything will be fine.

Yes, the usage is indeed almost the same between the hardware wallet and the software wallet, because both have a private key, the only plus point is that the hardware wallet can be taken wherever we want as we carry the smartphone that we use.

I don't know for sure what the news is, but what I understand is that a hardware wallet or online wallet will definitely be equipped with good security. so when there is hacking, it must be confirmed that the hacking is true or indeed there is an error or bug.

To the best of my knowledge, hardware wallets are the safest wallets to keep your cryptocurrencies safe. i once heard about this same issue with Trevor wallet but later on I got to understand that funds of users were not lost. However, i would like to suggest the use of Ledger or Ellipal wallet to you because I have been using them both and I can say for sure that they are really secured and have never suffered any attack by hackers.

The main thing in using a wallet is good security, and the second thing is convenience when we wear it and we carry it, well in this case I see both wallet capital between a hardware wallet and a software wallet, both are comfortable and equally safe , although it depends on how you look after it.

Yes it is secure enough. If you have access to it alone without sharing it to anyone else then it's secure. Remember using hardware wallets is o ly possible when someone has the seed phrase and when the person has the password. Now if your seed phrase is exposed, then n it's no longer safe because anyone can access it through any other compatible wallet.

No none of the wallets are secure.

It is you who has to keep them secure just like your fiat wallet.

Hardware wallets are better than all other wallet as they are not always online, which means they are not vunerable to hacks and online theft.

But, they still can be stolen and lost.

I agree with this opinion. Whatever wallet we use, I think the most important thing is to secure the private key or seed word. Mobile wallet that is on our cellphone will also be safe as long as we protect it with a password and store seed words safely

The security of whatever wallet we do use whether it is an online wallet or hardware wallets depends on the user as well because we cannot just rely on the security features of the wallet we have if we admit on ourselves that we are not that good on keeping and protecting our own wallets. Both wallets have pros and cons so the entire security do really relies on the owner.

Hardware wallet do possess a high and good security feature to secure our assets compared to online wallets that are high risks on hackers but still if the owner is not responsible enough to keep his own password or seed that will have an access to his wallet, whether it is a hardware wallet, it can still be prone to hacks.