It depends on the wallet type you are using. 'Hot' wallets can be hacked into easily, since private keys is not stored safely. Hackers can get your data through phishing mechanisms, or you don't act carefully while using the Internet.

'Cold' wallet is more secure, as it stores your private keys online.

So, in a word, when choosing between the types of wallets - ‘hot’ and ‘cold’ - the cold one is certainly more.In terms of particular wallets, there is a range of reliable models out there.

Here are just a few exanples: Bitcoin Core, BitGo, BlockChain, Trezor, Ledger Nano S.Yet, of course, not all wallets will suit your needs in equal measure. Plus, some of them, although secure, lack a convenient interface.

In case you may be interested, you can check you the project I am working. It is a cryptowallet that tries to marry convenience with security, while also ensuring user’s anonymity - https://www.diamondguard.io/

Yes, that can happen: Sometimes hackers get access to users’ devices through public wi-fi.
This is what happened with someone in Starbucks in Buenos Aires, if you follow news. Hackers target public places in order to infect many individual devices at once with mining software.
Actually, attempts to hijack public wi-fi are bound to increse in the near future. For hackers, this makes more sense, given that attacking a single personal device isn’t worth it. Using one laptop you can mine about $0,02=0,05 worth of cryptocurrency in one day. But if you mine cryptocurrency off 100–150 devices, that will give you $2–8. So, if you infect a few hundred routers with the mining malware, that could potentially bring you substantial returns.

I can only talk about Russia here.

Russia hasn't banned Bitcoin and isn't yet planning to) So I would say it is quite unlikely that more stringent measures will be introduced.

However, it's also true that the Kremlin has recently devised regulations that apply to cryptocurrency users. Namely, the government is planning to make all miners to register with the officials and pay taxes, while the ICO practices will be made to conform to practically the same standards as do IPOs.

In a nutshell, Russia is only figuring out what to do with bitcoin, and the government still allows people to keep cyrptocurrencies. Right now the Kremlin wants to see whether it can control it bitcoin users, while also gaining fiscal revenue from them. Whether this will work is another question, of course.

You can find out more about regulations here:
https://medium.com/@a.mamaev/russia-devises-new-cryptocurrency-regulations-5084984fb5b

I agree. The case with CryptoKitties does not so much indicate that the system has serious vulnerabilities, as it demonstrates that the Ethereum blockchain’s technological development lags behind its popularity. The system just didn’t have enough capacity to accommodate so many users at once.

Public's interest in Etherium also offers many positive moments. It means that we will have more experienced users with knowledge concerning proper storage of cryptocurrency, as well as about the means to protect their assets.

The most pertinent danger  for Ethereum-based cryptocurrencies and other types of blockchain-based digital money is centralization.There is still a possibility that a pool of rich individuals or companies may buy all the digital assets in a decentralized system
for their own financial or other benefit.

We are pleased to announce that Diamond Guard has been approved by ICOBOX experts. That means it has been included into the platform's list of pre-ICO projects. To make our project better, we need your opinion.

If you find personal device for cryptocurrency protection developed by our team an appealing idea, please vote for Diamond Guard via this link - https://icos.icobox.io/projects/1586/
 

We would appreciate your feedback even if it is critical of our project. That way we can learn our mistakes and improve our product.

Sincerely yours,
The Diamond Guard team

That's great! Thanks

Thanks for suggesting those platforms, will look into it!
Sure, there are quite a few cryptowallets on the market. That's why we decided to expand Diamond Guards' functions beyond a simple hardware wallet, so it has the most effective security features, but also wireless connection function, VPN and screen interface.
Again, here is the link, where we explain how in particular our thing differs from other stuff - https://bitcointalk.org/index.php?topic=2471742.0

We are registered in Singapore. If you are interested, you can find more info about our ICO here - https://bitcointalk.org/index.php?topic=2471742.0
or on our website - diamondguard.io

Apologies for not including all info at once, as I wanted the post to be short

Thank you
You can find more info on our announcement page as well - https://www.quora.com/profile/Alexander-Mamaev-1

The safest way to keep your bitcoins is to store them on a cold wallet.

Guys, thank you all for your suggestions!

Just to let you know, there is an announcment page for our project: https://bitcointalk.org/index.php?topic=2471742.0

Hopefully, we will have a bounty campaign up and running soon!

Bitcoin technology is quite secure, taken on its own. The danger lies in the infrastructure that you use for storing it or operating with it. Channels of communications may also be vulnerable to hackers. In the end, there is a human factor - people often do not pay heed to even elementary precaution when it comes to protecting their personal data.

How to keep your cryptomoneysafe? Well, for one make sure you don't use software with flimsy security. It is often the case that people use their cyrptowallet software in the same environemnt that they use for accessing Internet. This doubles the risk of contracting malware.

There is also a trade-off between convenience and security. Hardware tokens are quite secure. Yet they are not always convenient.

You can check out the announcement of the product I am working on, if you are interested: https://bitcointalk.org/index.php?topic=2471742.0

Basically, what I am trying to do is create a hardware wallet that is very secure, yet has convenient interface and can be connected with other devices

In general terms, cryptocurrencies are files, it is information. And the main question is, what sort of infrastucture do you use to store your cryptocurrency or make transactions using it.

In the end, there is hardly a solution that can protect you 100%. Always remember about a human factor - people often do not pay heed to even elementary precaution when it comes to protecting their personal data.

Existing types of infrastucture have pluses and minuses. Hardware tokens, used for storing private keys, are quite reliable, but not comfortable to use. On the other hand, many digital cryptocurrencies, although quite convenient, are vulnerable to malware.

I have been long interested in the subject myself, and have been involved in developing the solution that tries to marry high level of security and convenience into one interface. So if you are interested, you can check out my project: https://www.diamondguard.io/

You now have the opportunity to do this as profitable as possible!

Yes, it is planned in the first service pack

With cryptocurrency thefts on the rise - and users’ anonymity routinely infringed upon – it is only natural that owners of digital assets feel increasingly concerned about their possessions. Diamond Guard is a personal device to protect your cryptocurrency, while also providing a safe interface for operations with it. The device can also be used as a VPN node to ensure user's anonymity and protect him or her from hacking attacks.
  

Diamond Guard can be connected to other devices via Bluetooth and Wi-Fi. Our device supports a screen interface to visualize operations, including cryptocurrency transfers.
Diamond Guard uses multifactor authentication system including hardware, digital and biometric mechanisms to protect owner’s assets. Additional controls also force user to press a special button on the device to confirm vital transactions or when accessing private keys.  

Diamond Guard allows owner to create decentralized VPN connection disguised as SSL/http traffic. Using VPN also guarantees user’s protection from man-in-the-middle attacks.  



We are planning to launch ICO in January. Find out about our latest news by subscribing to the newsletter on our website




On the Crowdsale stage we will use “GRDe” tokens created using Ethereum platform via smart contract. On the next stage we will launch Diamond Guard blockchain with “GRD” token, based on the Graphene technology.
“GRDe” will later migrate to “GRD” in 1:1 proportion.





Diamond Guard token is a utility token but it will be used not only in our blockchain for internal processes. We are going to sell Diamond Guard devices only for GRD tokens. GRD tokens will also be used to pay for VPN traffic.

We are registered in Singapore as “QUASAR SYSTEMS SG PTE. LTD.” , 16 Raffles Quay, #33-02, Hong Leong Building, Singapore 048581. In future we are planning to organize a spin-off in the same jurisdiction.


No. We already realized some modules, used technologies from our core business and are implementing it in Diamond Guard.

To ensure the transparency of our team's activities after carrying out the crowdsale and increasing the confidence of the buyers of the "GRDe" tokens, we will adhere to the principle of publishing quarterly reports revealing information about work on the product. The auditor will be selected after the end of the crowdsale by voting among the holders of the "GRDe" tokens.

As per KYC/AML requirements we announce Whitelist registration for our pre-ICO.
Please submit the form below to participate in crowdsale. After that, we will send you our address for transaction.

Hi everyone,

I am planning to launch ICO. The product I've developed is Diamond Guard. Basically, it is a hardware wallet for storing cryptocurrency that can also be used as a node to build a decentralized VPN connection. This latter trick serves the function of protecting user's anonymity. Beyond that, the device has a screen interface, supports multi-factor security system (including biometrics) to protect user's info. In addition to that, Diamond Guard can be connected to other devices through Wi-Fi. Finally, Diamond Guard can also be used for PoS mining or computing.

More info if you are interested:https://www.diamondguard.io/ 

We are still in the pre-launch stage. So I am happy for any suggestions. Do you think the project can fly? Any advice on promotion/

Cheers