What a great information from our friend edsnowangel, this is so true as i experiencing now some of the said statement.And always use new incognito window for browsing because it never save any user name and password and no any back up data for re login. Wallets are the main thing in the case of crypto currency because our currency stored there so that we should not compromise with this we should choose the best wallet and to me hardware wallet is expensive but best. as long as you don't give your  private keys and password to the google forms you are safe and also not downloading malicious software that will help.

Crypto exchange Coinbase recently filed for a patent detailing a new system to enable online users to make Bitcoin payments more securely. The patent, filed on August 14, will allow users to make payments directly from their Bitcoin wallet.

The patent cites the issue of customers being required to compromise on the security of their own private keys, saying:

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The new system will enable users to pay directly in a “key ceremony” which encrypts private user passphrases into a masterkey during checkout to greatly reduce the risk of the keys being stolen. The masterkey serves the function of encrypting private keys and transaction signing, and upon being used the masterkey is deleted.

The system allows for administrators to freeze all processes using what is described as “freeze logic,” presumably in the event that a user reports that they are being hacked or their identity is being assumed.

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The patent also describes an API generation service that will enable the payment system to be used by other websites and services. The API has two parts, one of which will be stored on the Coinbase web service and the other on the user/host server to allow for an extra security measure as transactions are confirmed “only if the API key received from the web server matches the API key stored by the service.” Such a payment system that allows secure Bitcoin payments on multiple websites could stand to be widely adopted throughout the cryptocurrency and e-commerce space.

Coinbase has applied for numerous Bitcoin-related patents in the past, with nine filed in 2015 alone leading to critics accuse the exchange of seeking to create a monopoly on Bitcoin services, which CEO Brian Armstrong denied in a blog post on Medium which stated that the goal was to keep the technology out of the hands of patent trolls who would patent services and hold them for ransom.

One common crime that's carried out on cryptocurrency investors is the phone-porting attack. Hackers snoop around social media, looking for cryptocurrency conversations in which investors post their phone and email for easy contact. Then, posing as the victim, they call up the phone provider in an attempt to fool the customer service representative into transferring the phone number to a device they control. Once the hackers take over the phone number, they can go into the victim's cryptocurrency exchange account by resetting the password, ultimately stealing cryptocurrencies from the account. Cody Brown, a virtual reality developer, blogged about how he lost around $8,000 worth of cryptocurrencies on Coinbase in 15 minutes, triggered by a phone porting attack on his phone account. A cellphone number is not the only point of weakness. Adam Dachis, a former writer for Lifehacker, says his Coinbase account was ransacked in May by hackers who took control of his home computer, costing him $10,000 worth of cryptocurrencies. "Computer hacks, phishing attacks and cryptocurrency Ponzi schemes are all common types of cryptocurrency theft," said Jonathan Levin, co-founder of Chainalysis, an intelligence software firm that specializes in tracking and solving cryptocurrency crimes.


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To find out, we reached out to three cryptocurrency investors and three cybersecurity experts. All three investors have lost some cryptocurrencies due to different hacks. One of the experts, Amir Bandeali, also is an investor, lost about 18 percent of his investments because the exchange (Bitfinex) he was trading with was hacked. That incident inspired him to build decentralized exchanges, which he believes will be the future for trading cryptocurrencies.

All of them admitted there's no perfect solution to the problem. In the age of cryptocurrency, hard drives and personal computers have become the new bank vaults. And our real-world knowledge of protecting money from theft is not enough in the virtual world. The following suggestions can serve as a safety pamphlet for new cryptocurrency investors.


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Jonathan Levin, co-founder of Chainalysis

1. Before you open up an account on Coinbase [or other exchanges], set up an unique email that you are going to use for that account.

2. Make sure to set a really hard and long password, and you are the only one to access it from a piece of paper that you control.

Dan Romero, VP of operation at Coinbase

1. On Coinbase, turn off SMS-based two-factor authentication and account recovery for your email account. If you move to Google Authenticator but don't turn off SMS account recovery, a phone port attack can still lead to an email compromise.

2. On Coinbase, setup the Coinbase Vault and two-factor authentication for any sends off-site.

Sean Everett, VP of product management, Coinbase account was hacked by phone porting attack

1. Don't talk about cryptocurrency publicly, especially on social media.

2. Call your cellphone provider, put every level of security you possibly can, and add a passcode to it. The next level protection is to add a "do not port" SIM card to your account. That can last for a year.

3. Even though Coinbase says it takes security seriously and has system designs to protect customers, it's not a bank. Don't trust it as such.

Adam Dachis, digital consultant, Coinbase account was raided by a computer hack

Don't keep all your cryptocurrency investments in one place. Diversify among exchanges. It's unlikely you are going to get hacked at the same time through all of them. Especially if you have different emails and passwords for each.

Sanjay Beri, CEO of Netskope, specialize in enforcing security across cloud applications and network.

Keep your cryptocurrency off the internet, in a "cold wallet."

"Cold wallet" is not a brand, it's a concept of storing bitcoins offline (not connected to internet) so that it reduces the opportunities for hackers to steal via online techniques.

"Hot wallet" is connected to the internet, for daily transactions. Think about "hot wallet" as a checking account and "cold wallet" as the savings account.

Here is how to create a cheap "cold wallet" on a dedicated computer:

First, download a cold wallet application to a new, secure usb drive.

Then, take a computer, reset it to factory setting, disconnect it from the internet and keep it offline.

Last, load the cold wallet application onto the computer, keep your cryptocurrencies on that clean and offline computer. You can make transactions offline, using the cold wallet application.

Amir Bandeali, CTO and founder of 0x project


1. If you must use a centralized exchange, withdrawal often, store your tokens on a hardware wallet, which is a hardware device, creates transactions without connecting through the internet.

2. If you are trading tokens on ethereum, I recommend looking into decentralized exchanges. The biggest difference between centralized exchanges (like Coinbase, Kraken and Bitfinex) and decentralized exchanges is that decentralized exchanges do not hold users' funds. No one can ever access your funds other than you. So it can't be stolen unless your private keys are compromised.

So what do you mean about this news ? This is a trusted or not ?

The worst does not appear to be over for the bitcoin price, as the flagship cryptocurrency on Tuesday slipped below $6,800, a mark that many analysts had pegged as a critical support level for BTC’s short-term prospects.

Bitcoin had spent the majority of the day trading above the $7,000 mark. However, as CCN reported, the market has been plagued by low volume in recent days, which is often an indication of a short-term bearish trend.

At 19:30 UTC, the bitcoin price took a major downward pivot, falling from $7,100 to $6,900 in less than 45 minutes. At that point, BTC/USD began to test the $6,800 level, which professional traders such as Bart Smith of Susquehanna International Group had identified as a critical level that bitcoin must hold if it hopes to reenter a bullish uptrend.



It’s not the first time in recent days that bitcoin has flirted with that mark, but this time the support gave out, and the bitcoin price plunged as low as $6,677 on Bitfinex before recovering to a present value of $6,731 as of 21:38 UTC. Nevertheless, now that support at $6,800 has broken, it may be the case that bitcoin has not, in fact, found its 2018 bottom.

Click https://www.ccn.com/bitcoin-price/  for a real-time bitcoin price chart

The crypto market has lost $5 billion of its valuation overnight, as major digital assets including Bitcoin, Ripple, Ethereum, and Bitcoin Cash recorded slight losses in the past 24 hours.

Bitcoin and Ether, the native cryptocurrency of Ethereum, fell by around 1.5 percent, while Bitcoin Cash and Ripple declined by 2.5 percent and 5 percent respectively.

This is the bitcoin analysis latest update

The solution in financial problem . Like me.

Whos there a day trader ? This is a big chance to earn lot of profit

The valuation of the crypto market has dropped by $50 billion within a week, from $300 billion to $250 billion, led by the fall of Bitcoin.



In the past 24 hours, the Bitcoin price fell from $7,250 to $6,950, extending its loss on August 4 and recording another 4 percent loss on the day.


Last week, the volume of Bitcoin hovered around at $5.5 billion while the volume of the entire crypto market exceeded $18 billion. As of August 5, the volume of Bitcoin remains below $4.1 billion and the daily trading volume of the entire market has declined by $7 billion within a seven-day period.



Often, when the price and the volume of Bitcoin fall, the demand for US dollar-backed stablecoin Tether (USDT) tends to increase, as investors move towards hedging the value of cryptocurrencies to that of the US dollar.

However, in the past 24 hours, the volume of Tether has also declined from around $3 billion to $2.5 billion, suggesting that overall market activity in the cryptocurrency market has dropped over the last several days.

The struggle of the crypto market and the lack of momentum from major digital assets come in a period in which the cryptocurrency sector has seen some of the most positive developments in its history.

Earlier this week, the world’s largest stock market NYSE and coffee retailer Starbucks disclosed their collaborative effort to increase the usability of digital assets globally, as a recognized and legitimate payment method. In the long-term, the forward-thinking approach of Starbucks and NYSE is expected to drastically improve the adoption of cryptocurrencies like Bitcoin and Ethereum by merchants. Despite these positive events, along with the resurgence of Bithumb, a major cryptocurrency exchange in South Korea, the crypto market is continuing to demonstrate a lack of demand and volume.


It is evident, based on the sudden movements in the price of Bitcoin which do not reflect the positive developments in the cryptocurrency sector, that most of the major drops in the past month were caused by movements in the over-the-counter (OTC) market.

In its latest report, as CCN reported, UBS, the Swiss multinational investment bank, emphasized that Bitcoin is too unstable in its current form to experience mainstream adoption.

“Our findings suggest that Bitcoin, in its current form, is too unstable and limited to become a viable means of payment for global transactions or a mainstream asset class,” the report of UBS obtained by Bloomberg read.

If BTC and other major cryptocurrencies continue to show signs of manipulation and abnormal behaviors, the US Securities and Exchange Commission (SEC) could potentially reject BTC exchange-traded funds (ETF) and public instruments based on digital currencies due to their high volatility and manipulated markets.

Some regulated financial institutions including NYSE and Nasdaq have reaffirmed their support toward BTC and the growing market of cryptocurrencies, which could stabilize the market in the mid-term.

I glad to help for this forum. Always care in scammers and hackers .

A 20-year old college student from Boston, Massachusetts was arrested in California earlier this month on charges of being part of a gang that hacked cellphone numbers before stealing over US$5 million in bitcoin and other cryptocurrencies.

The link in this news are in the top if you are interested

Forget cryptojacking, SIM hijacking now seems set to become even more lucrative for criminals looking to cash in with bitcoin from the burgeoning space.

]A 20-year old college student from BostonMassachusetts was arrested in California earlier this month on charges of being part of a gang that hacked cellphone numbers before stealing over US$5 million in bitcoin and other cryptocurrencies.

According to Motherboard, the number of cell phone numbers that the Bostonian named Joel Ortiz and his accomplices hacked using a technique referred to as SIM swapping or hijacking was about 40. With SIM hijacking, mobile operators are tricked into transferring the phone number of a target to a SIM card that’s under the control of the criminal. Upon obtaining the number the criminals can then reset passwords before accessing online accounts of their victim.


Read more about this news https://www.ccn.com/sim-hijackers-steal-over-5-million-in-bitcoin-in-first-reported-crime-of-its-kind/

Yes . We can do if someone use mobile phone . Be aggrrsive if your phone are steal . Thats my point in my started topic

Hahaha . Its simple . If you earn a lot of money you can secure your house put a lot of bodyguard and cctv doble lock your door put many dogs on your house to protect . Its 20th century theres a lot of technology to secure and protect ourself

trading is one of those things that you have to spend a lot of time learning it. people keep saying "buy low sell high" like a chant but they don't understand it and that's the problem. it is very easy to learn too but it takes time. you have to start hanging around in the market (on exchange) and start staring at the charts for a long time and try to analyze what is happening in the market.
and also you should always know that the markets are different from each other.
If you lose lot of money try again . In investing loss is normal. I think we'll get better and better in trading if we know how, and know what to avoid to do, and what's the best we should do. Don't just complain because of the loss and give up, but keep trying until we can earn more than we loss. Learn how to invest properly to avoid loosing

For me I don't need to choose since I can do both. Yes insurances is very important to us since it insures our family's life and health and at the same time you will earn profit from it. Cryptocurrency is another form of investment which can be also a source for other income. As long as you have enough capital to start with then try both investment. For example : use day trading but but need a good idea and good expirience to make profit. If you scared to invest today try to another day to ensure your money .

Thats grate .   you take my point in this topic

Did you know (TEE) ? OR The Trusted Execution Environment  is a secure area of the main processor of a smart phone (or any connected device including tablets, set-top boxes and televisions). It guarantees code and data loaded inside to be protected with respect to confidentiality and integrity. The TEE as an isolated execution environment is providing security features such as isolated execution, integrity of Trusted Applications along with confidentiality of their assets. In general terms, the TEE offers an execution space that provides a higher level of security than a rich mobile operating system (mobile OS) and more functionality than a 'secure element' (SE)
Samsung competitor HTC is developing a smartphone that it is billing as the world’s “first native blockchain phone.”

In December 2016, a research team at the prestigious Cornell University led by professor Emin Gun Sirer first teased the idea of scaling bitcoin with secure hardware, using TEEs. The Cornell research team went further than using the native TEE environment in smartphones, and built a technology called Teechan on top of TEEs present in the CPUs and Software Guard Extensions of Intel. Since TEEs exist independent of whichever device it operates within, and it can process transactions off-chain that are then batched into larger transactions for on-chain settlement, scaling solutions based on these trusted environments have seen significant progress by processing more than 2,480 transactions per second.

Base on my friend expirience I would like to introduce another trading platform, Bitstamp.net
Bitstamp.net provides customers with easy-to-use, fast and convenient transaction support. The safety of the Bitstamp platform is very high due to the combination of the best security methods with MultiSig technology for hot wallet, cold storage is fully guaranteed. In which more than 98% of the customer's BTC is kept in safe cold storage. In addition, Bitstamp has other security features, such as two-factor authentication and email confirmation, to enhance the security of your account.
Bitstamp's CEO, Nejc KodriÄ, is known to be a member of the Bitcoin community and the company was created for the purpose of developing Bitcoin, including enhancing account security.

According to Samsung, the $290 billion behemoth which dominates every major industry in South Korea, smartphones are the safest device to use when transacting using cryptocurrency

Smartphones Over Laptops

Smartphone wallets such as Blockchain and Jaxx are the go-to applications the majority of cryptocurrency users utilize to send and receive payments with digital assets.

Joel Snyder, a senior IT consultant, a contributor to Samsung Insights, explained in a recent paper that smartphones are significantly more secure than laptops and other devices, because of the presence of the Trusted Execution Environment(TEE)

Most smartphones have a native environment called the TEE, which operates as a separate execution environment with its own memory and storage, isolated from the device. Hence, not even the operating system (OS) like Android can reach into the TEE and potentially initiate alterations in its memory.

In an event of a hacking attack or a security breach, attackers cannot possibly break into the TEE and attempt to steal data such as the private keys of cryptocurrency wallets because the TEE exists completely independent of the device.

On laptops or computers that rely on conventional persistent storage units such as a hard disk or an SSD, a hacker can easily break into the storage and steal valuable financial information, including data pertaining to cryptocurrency wallets, that could lead to the loss of funds and holdings stored in digital assets.

Snyder explained: