Hacking is the Big Problem

[alfs75]

Guys…

I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?

Actually,i heard some advice that if you want more secure or safe of your bitcoin asset,you must buy a ledger nano device,rather than put in some trading site,because  we cannot guarrante that our capital will always be secure,because there so many anonymous hacker who want to hack some other trading site,even if that exchange have a  strong defense wall in hacking system,because other happen of hacking  or phishing is  made of inside job ,just like happen in parity wallet.

[palle11]

Hacking is the reason I dislike the public wallet that you have on the web like the MEW wallet. To me, despite the security and protection, I don't seem to like it. I do prefer offline wallet. You and you alone except you lose your passwords 

[kingragnar]

There are many types of hacking one here that is called a fishing site so be careful of only those who enter sites without a secure address on the site you enter and then the most important to have a strong and unique password so that no one can guess easily and we also need to have a personal offline wallet that we do not use in trading

[taufik123]

There are many types of hacking one here that is called a fishing site so be careful of only those who enter sites without a secure address on the site you enter and then the most important to have a strong and unique password so that no one can guess easily and we also need to have a personal offline wallet that we do not use in trading

the offline wallet is like LEDGER and TREZOR? because if only have a very vulnerable online wallet and privatekey easily taken with the virus that goes into the computer. I am still quite careful because I still use online wallet like MEW. I have plans to move to an offline wallet

[ivrynx]

Since we live now in the digital age, almost everyone who knows how to use a computer can do hacking be it just a simple one or on a larve scale basis, however, those who really studied hacking are disciplined people, since hacking is not a bad thing, it is used in order to help programmers debugged or fix any programs that they think needs some improvement, however, thos are not inclined with the academia tend to use their knowledge in order to obtain easy money for them and have the good life. I do not see it being a problem, what we nust need to do is to improve our security and take risks, since everything is hackable noawadays, security is still the solution.

[katrimans]

If you get hacked than its your own fault. If you play smart and don't do anything stupid, you can avoid getting hacked and lose your money.
Exchanges do/can get hacked. So that is why everyone recommends not to store your coins on an exchange for a long time. And also always choose a very trusted exchange when trading coins.

Theres no such trusted exchange yet all of them do really have the possibilities on getting hacked.Theres no assurance anytime since anything on this online space do really have hackers which can penetrate security and this is why as a trader or investor we should think off on these possibilities and only store up few amounts of coins on various exchange. Better to be wary than sorry.

Hackers are almost everywhere and in the every corner of this world. You need keep yourself away from such kind of people and try your level best not to fall victim of such kind of people. If you get their prey somehow, you will be suffering a huge loss and for that you will regret for your whole life.

You need to learn the things which can help you in having enough knowledge which can help you in protecting yourself and to staying away from hackers.

[loraalbert]

Guys…

I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?

I think that the attraction from the cryptocurrency market when formed is always beset by online problems and hackers. This still happens in reality. To limit the problem of hacking. Everyone must take precautionary, careful and private measures with everything involved.

[Md Saad]

Guys…

I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?

Since this platform s entirely dependent on the password and address so that it should be kept very carefully, We always be careful of this information against Hacking. If you lost your address then you might face a lot of financial problem in the meantime. That's why I also agree with you on this issue.

[setupbounds]

Hacking should have a heavier punishment like life imprisonment when it's more than a million or death if it's billion. It's everyone's problem online so it should be taken action seriously.

I believe there is a punishment for anyone that’s caught involved in hacking. Hacking is a really bad thing and can cause a lot of problem for people. Hackers now use it to make money by blackmailing people and through that, taking lots of money from them to not reveal their compromising information. Hacking can attract a punishment of 20 years in prison.

[BitcoinCommodor]

Hacking should have a heavier punishment like life imprisonment when it's more than a million or death if it's billion. It's everyone's problem online so it should be taken action seriously.

Punishment can be given. But how will you find out the hacker? Its very hard to find them. Once hacked is hacked. I lost some bitcoin around .045 from my blockchain wallet. Though its very low, I tried to find out through few sources, but could not find the concern. I then changed my wallet to Coinbase. Now yes its safe enough with 2FA authentication. Better to keep either wallets are exchange sites so secured.

For me, I believe that hacking can in the be a problem when you’re careless with information about yourself. People shouldn’t give out information like their email or passwords online in a public chat or something, cause it’s likely that it might get stolen and used against them. Another thing is that you shouldn’t sign up for things you’re not sure of online, cause it might turn out to be a bad site that sells their subscribers information to third parties.

[kiloiko]

If you get hacked than its your own fault. If you play smart and don't do anything stupid, you can avoid getting hacked and lose your money.
Exchanges do/can get hacked. So that is why everyone recommends not to store your coins on an exchange for a long time. And also always choose a very trusted exchange when trading coins.

There is nobody who isn’t afraid of their wallet getting hacked. But one thing I have heard is that only those who are making use of an online wallet are in dangers of their wallets getting hacked, but if you’re using offline wallet that works offline on your device or a paper wallet, you wouldn’t have to be worried about hackers. But I believe that there are some good online wallets that are close-impossible to hack, and becomes like completely impossible to be hacked if you have 2fa set-up.

[makngeerwork]

If you get hacked than its your own fault. If you play smart and don't do anything stupid, you can avoid getting hacked and lose your money.
Exchanges do/can get hacked. So that is why everyone recommends not to store your coins on an exchange for a long time. And also always choose a very trusted exchange when trading coins.

There is nobody who isn’t afraid of their wallet getting hacked. But one thing I have heard is that only those who are making use of an online wallet are in dangers of their wallets getting hacked, but if you’re using offline wallet that works offline on your device or a paper wallet, you wouldn’t have to be worried about hackers. But I believe that there are some good online wallets that are close-impossible to hack, and becomes like completely impossible to be hacked if you have 2fa set-up.

Hacking is the worse nightmare came to the wallet holder but it's really up to us on how we handle our very own wallet since we are the one who's entitled to hold it, and its our obligation to select on where to store it since theirs no totally safe whether you say you put it on hardware nor in online wallets since everything will be dependable to its owner.

[melamiras]

Guys…

I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?

It's one of the ugliest things  the hackers are ramping up and down on creating a scam so I'm getting lots of ethereum and Bitcoin. I hope that regulation solves this problem.

[lingwistiko]

Hacking is inevitable and it can happen to entity or group/individual person. Some hackers are doing this to extort money, or just testing themselves if how good they are to breach security of a system. If big companies are being hacked, i think an ordinary person could even be more vulnerable with these attacks.

All we can do at least is to be vigilant and trust noone, all the time.

[South Park]

There are already countless measures used to prevent hacking but hackers always find ways to get ahead in technology. if modern technology gave us numerous benefits by using it, it will also give us serious problems because it can be use by someone to steal valuable information from you computer. Frequent upgrade in security is needed to avoid being hacked in the future. Developing more secure environment should also be pursued to keep up abreast with the newest development in technology.

Some hackers with incredible skills will target institutions or users with a very high amount of bitcoins and other coins, but unless you are one of those people or institutions then you do not need to worry about those kind of hackers, the ones you need to worry about are script kiddies they will use the tools of others to attack people with small holdings and you can defend from them with just a culture of safety.

[milewilda]

There are already countless measures used to prevent hacking but hackers always find ways to get ahead in technology. if modern technology gave us numerous benefits by using it, it will also give us serious problems because it can be use by someone to steal valuable information from you computer. Frequent upgrade in security is needed to avoid being hacked in the future. Developing more secure environment should also be pursued to keep up abreast with the newest development in technology.

Some hackers with incredible skills will target institutions or users with a very high amount of bitcoins and other coins, but unless you are one of those people or institutions then you do not need to worry about those kind of hackers, the ones you need to worry about are script kiddies they will use the tools of others to attack people with small holdings and you can defend from them with just a culture of safety.

Even we arent affected but we cant really avoid the fact that we shouldnt really be bothered or worried since we do know each hacking incident would really give a negative impact into recent price of bitcoin and on the entire crypto market specially when the hacked amount is really big.This is the problem which we should expect specially on those times where are seeing new ATH's.

[jonland22]

Guys…

I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?

There is no assurance for our tokens/coins to be safe in exchange forever, risk of getting hacked will be always present that's why external/hardware wallets are created in order to protect people's crypto from getting hacked since blockchain technology in the present is still invulnerable to attacks.

[mamesso]

Do not store your coins in suspicious Exchangers, exchangers are only used to make trades within a certain time.
Use the wallet with full access, meaning we have full access in the wallet.

[zhuiyongliang8]

Guys…

I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?

Exchanges are not so safe, they can be hacked at any time, and returned to your personal wallet after the transaction.

[Strongball]

Security will always be an issue with cryptocurrency, I have also heard from friends
that got their accounts hacked and coins stolen. Maybe because they didn't follow extra
protocols or they were just careless. The threat with hacking is real and it's bothering me too,
it's a depressing nightmare, we just have to be careful these days. We are all vulnerable and it
can happen anytime. Be careful on where you connect with the internet, transact and access your wallets and files.
Being overly and carefully protective is always better especially when it comes to money matters and investments.