Bitcoin Forum

A hardware wallet is the safest way to keep your crypto coins safe, but do you know that your hardware wallet can still be hacked even if you keep the recovery seed in a very safe place? If all you do with your hardware wallet is receive coins and tokens then this is not for you, but if you have connect your hardware wallet to make some transactions before, please go back and revoke your wallet allowance.

Visit https://revoke.cash and insert your wallet address, you don't need to connect your wallet for this check, make sure your wallet says No Allowance all through, if it says Unlimited Allowance that's dangerous, pls connect your wallet and revoke.

It's better to be safe than sorry 💔

I didn't know about that website but I used https://app.unrekt.net/. Likely the website you shared is a new one so I would go with an older one.

If I understood correctly, then what is called "wallet allowance" has to do exclusively with tokens and NTFs, but that does not mean that someone can hack the hardware wallet in the literal sense to somehow get hold of your seed and empty all your accounts. This matter has nothing to do with hacking the wallet, but with the stupid permissions you give to individual apps that you have installed on the same device.

It's one of the safest but not the safest, the best is using bitcoincore, run a full node on an airgapped device using Tor client, using a hardware wallet is good as well becsu you can purchase one and keep it safe just like a flash drive, but the only fear is when you're unable to keep it safe, it may be lost, rough handled or damaged by one's carelessness, but i can tell you that running a bitcoin full node is more preferable.

If a hardware wallet cannot be kept safe from being rough handled or lost, an airgapped device would not offer more security and can easily suffer the same fate. The user needs to learn how to safely handle their devices.

They can also connect their Ledger hardware wallet to their full node on bitcoincore for added security.

- Jay -

This is nonsense, and I never saw a single case of hardware wallet being hacked remotely, it's almost impossible to happen, especially in scenario you described.
Someone can potentially hack your hardware wallet only if they take it away from you, and that is questionable if you have good security practice with passphrases and multisig setup.
Holding coins in hot wallet is never safe, and shitcoins are mostly worthless waste of time and I wouldn't buy hardware wallet for them, but only for bitcoin.

I do not think, that hardware wallet can be hacked and never heard about that.
First of all, for any potential hacking attempt - also via Web - hardware wallet must be in Windows, Linux, BSD, Solaris Operation System. But hardware wallets are not in popular computer OS formats - in Windows, Linux, BSD, and Solaris OS, so hacker can not use/make any software. For example, Ledger hardware wallet use custom BOLOS OS. ( https://www.ledger.com/academy/security/our-custom-operating-system-bolos (https://www.ledger.com/academy/security/our-custom-operating-system-bolos) ).
Second - if hardware wallet do not have OS - hacker need manufacturer software for hardware wallet firmware. But of course, hackers do not have specific manufacturer software for wallet firmware.
So hardware wallets are safe. Most popular are - Ledger https://www.ledger.com/ (https://www.ledger.com/) and Trezor https://trezor.io/ (https://trezor.io/).

In everything we do in real, safety must be guaranteed...
It's apparent that everyone (though we've had some AIs lately), transcribes their normal life's understand and dissemination in here....and just like we wouldn't wanna do anything that its security measures ain't cogitative, ....the measure are applicable in here.
The hug problem here isn't even about buying and HODLing them coins, it's about how safe it'll be in prolly a decade from this day... RUNNING A FULL NODE IS AN ANSWER

Sandra 🧑‍🦰

Inserting cryptocurrency addresses, especially those containing funds, is rather a dangerous move because the website may collect it, associate it with your IP address, and share this information with third parties, including criminals and law enforcement agencies. If they manage to find out who those funds belong to, they can come and knock on your door, attack you with 5$ wrench, make you unlock the device, and take away your precious hardware wallet. That would be a more realistic scenario than someone hacking your hardware wallet remotely because you forgot to revoke access from some cryptocurrency applications. These can only manipulate the information stored on the blockchain or in smart contracts, but it is infeasible for them to steal information stored offline inside a secure chip.

This is very funny considering that a hardware wallet is the best place to store crypto assets because it is not connected to the internet and has a very well designed security layer system. So what's the point of buying a hardware wallet like Trezor if it can still be hacked just like a software wallet?

Nothing we have is safe, be it online wallet or hardware wallet, until we keep our wallet password safe. If you saved the hardware wallet but did not keep the seed phrase safe then your wallet will have no value. So everything we do needs a safe haven. And whenever we can create a safe haven, everything will be safe for us.

Well, it is certain that hardware wallet ( like, a flash drive ) is one of the safest ways to keep your digital currencies safe. And to be honest, OP I did not know there was an easy way to hack it. Maybe your information isn’t completely accurate. How you can you hack a wallet when it is unconnected to the internet ? And what’s the point of getting it if it’s not safe?
In my opinion, if you keep your private key and password in a safe place, then it will be pretty difficult to get hacked .  Moreover, there are more safe ways and secure such as bitcoincore, Electrum.

For me, I would prefer saving my crypto in hardware wallet like Trezor, Ledger, safepal and Ellipal tiran than online or software wallets. It is too risky to keep all your balance in them to be honest. And again never share your private key to anyone and your password must be strong and saved in a safe place too.

I don't believe in internet activities, especially when it comes to money, wallets, devices, exchanges, including Revoke.cash nothing is safe, hackers have a thousand ways to do it.

Did you see the quote below, what scammers want to do. which one can guarantee safety.

Revoke.cash Phishing Scam (https://coincodecap.com/revoke-cash-phishing-scam)

Does anyone believe in 100% security, there is no fake Revoke Cash out there, for that security is in ourselves to keep wallets, devices, crypto exchanges safe, no one guarantees anything circulating on the internet is 100% safe, except.

Flashdrive have the possibility of defective components in the relatively short term, and are therefore not made to meet the standards for storing valuable assets such as cryptocurrencies. It is also systemically easy to be infiltrated by various viruses (which are generally known). Unless you can explain what method you recommend storing crypto assets on a flash drive.

im using safepal, what's the difference?