Hacking is the Big Problem

[Budugbass]

We are just trying to anticipate it and be more intelligent, of course if we aren't careless and keep careful.. i think we will avoid to be hacked. Crypto is still not fully protected by the security of the government, of course this will be very vulnerable to the occurrence of hacked. It will not be a big problem if we are more careful and always looking at more thorough on circumstances above all the efforts we do.

[AgentZero23]

You don't. Hacks target the exchanges wallet by finding exploits and not the user accounts separately. If you want your funds to be safe, use exchanges for trading only and withdraw to your personal wallet.

I will take your advice on using exchanges for trading and stored my coins in my personal wallet. Because it's much safer.

[tabas]

Yes I got my few btc hacked last night which was so pathetic

How did it happened? Do you have anything to say on how you've been hacked so that you can warn others with your experience?

It is a problem only if you keep on trading and exchanging. 

No, why it would be a problem if you keep on trading? There's nothing wrong doing that.

[jonaire99]

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?

As the technology advances, so the hackers also by getting the most sophisticated gadgets, every computer became vulnerable. Cryptocurrency hackers targets big exchanges recently and coincheck added to their list of successful hackings. It is really difficult to track those hackers unless you match their skill and technology, or you also need to hire experienced hackers to track the bad hackers down.

[leea-1334]

Well I guess its the fear of been hacked that is why most people refuse to have anything to do with bitcoin or other cryptocurrency. When I told a friend of mine whom i have been trying to convince into investing in cryptocurrency about how people do get hacked if not careful, he ended up telling me he has made his stand not to invest in crypto because it freaks him out. How I wish there will be a solution to this, probably, a lot of people might have invested in cryptocurrency.

Lol..this got me laughing, I guess you are the one that freaked him out, which is why he made his stand never to invest in cryptocurrency. You should have also encourage him by telling him how to pervent himself from getting hacked by putting his coins in a cold secured ledger or cold storaging. There might be a lot of hacking going on but bitcoin investment is worth more.

It is quite amazing to see that even today, people still misunderstand the basics of hacking. Very few hacks are possible even on low end systems, if the user's own personal security is take care of. But I guess if even guys like Mt Gox and all those crypto exchanges still leave USB drives lying around or download malware that sniffs passwords on computers then you cannot expect any better from common people new to Bitcoin.

You do not even need cold secured ledger and what not if you practice good security.

[stellgod]

In cases like hacking is inevitable, security is always the issue in these situations where money is involved. There are some issue concerning hacking of private key hacking of digital wallet and others. As a user and holder of coins we must be aware of these hackings. There are many security system we must know everything about the security of our coins, always be careful of the passwords and private keys so that we can avoid these kinds of hacking problems.

That’s a lie, hacking is evitable… there are ways you can avoid them. Some people being hacked is due to their own stupidity. I came across a post of someone saying that he was asked to give out his password and wallet ID to be given 1btc and he will be required to send back 0.5btc out of that 1btc that will be sent to him. It  happened the 1btc was a watch only. Nice tricks.

[ico_agency]

Is downloading the PDF whitepapers dangerous?

I know that PDFs can be malicious, have you heard of any tied to whitepapers?

[StarofBTC]

I just know this news from here try to review the news first maybe just false news if it is true can be traced to look for hackers although it is difficult to need expert help in the field may be caught over time so we must be vigilant and careful. if anything strange

Yes it is happening but safety is the matter right now as a lot of websites people use for exchanging are fake, people will have to be very careful in this regard and don’t keep your coin in exchanger anymore.

It is not good to trust anyone in case of bitcoin, at first you should not have bitcoin hold for long time as if you get profit try to cash out as fast as possible, secondly you should use bitcoin wallet as now in market a lot of wallets are available. I use blockchain as it is very easy to use and reliable to cash out any time.

Safety is always in the hands of each and every individual. Even in the normal world, we always take safety seriously so as to avoid theft of property or invasion of robbers, so I wonder why people cannot just apply the same mindset into the world of crypto and see hackers as those guys looking for their funds to steal and looking for every means to protect it which is available already and I wonder why a lot of people still complain. Anyone who can just follow simple safety and security rules will always be fine.

[ToyMonster]

Transfer your money into your personal wallets and keep it safe.

[Ejanend]

Have some good security features that will leap your money safe.

No currency is safer than bitcoin for safety and saving bitcoin do have a lot of wallets that will not lead you to get scammed. I think bitcoin is an example to have all of your money save into your own wallets, where you will have full control and you will be able to use it at time of need, people feel really safe to have bitcoin as an asset and investment from future, bitcoin is safe because it has wallet like blockchain and paper wallet that keep your bitcoin safe, secure and grow it for you.

[Seetheummerallyeah]

Withdrawing the money you earned is the best thing to keep ‘em safe.

[ngavanngo22]

Your money is never safe on any exchange although it's the best exchange all over the world although you use 2fa for your exchange account. You should know that your cryptocurrency will only safe when you keep it in your own wallet that you can keep your wallet private key. Beside I think these exchange hacked because their staff clicked in something that included virus if they didn't, hacker would never have chance to hack money from these exchange.

[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 is not only about the large hacks that take lots of coins, is also about the small daily thefts done everyday by scammers taking advantage of people that have less knowledge.

[Anait]

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 is not only about the large hacks that take lots of coins, is also about the small daily thefts done everyday by scammers taking advantage of people that have less knowledge.

Hacks were quite common all around, and in particular with cryptocurrency it is very likely to happen even when high security is provided. To overcome hacks one thing that can make it effective is the avoiding of mistakes.

[passwordnow]

Is downloading the PDF whitepapers dangerous?

Not really, if it only contains PDF file then you don't have to worry. Don't click immediately if someone tries to send you a PDF like file, there are software that can change or shorten links where victims are easily get caught.

II know that PDFs can be malicious, have you heard of any tied to whitepapers?

I haven't, I have downloaded many PDF files but there's nothing wrong happened to me.

[South Park]

Is downloading the PDF whitepapers dangerous?

I know that PDFs can be malicious, have you heard of any tied to whitepapers?

If you are that worried about catching a virus through a pdf or some other file you may read those documents in an internet café that way you do not have any risk of catching a virus, or you could create a live CD and use it in your computer that way the chances of catching anything goes down however if you were to catch anything through the whitepaper that project will become untrustworthy for spreading viruses.

[micleeiu398]

You can use hardware wallets, such as Ledger NANO or similar.
Hacking was always a problem and we are looking for the ways to solve it

If you’re worried, maybe storing your Bitcoin with paper wallet will be best, though I don’t really know how the paper wallet thingy works, don’t know if it’s reliable or not, but I believe it will be quite good. The only problem you will have is when drop it carelessly and something happens to it. Another thing I have to say is that someone can’t get hacked unless they are used to giving out their information anyhow. One should be very with any info about themselves, unless one that is not necessary to hide.

That is even a very little thing to worry about honestly. Anyone who feels they cannot keep their assets safe online should just go the offline way, as you can still receive with the public address, have full control of the wallet and can easily verify payments via blockchain.info or block trail. Hacking is not a problem to me, unless for those who are just very careless with their funds. We have a lot of information over the net to keep everyone safe.

[carodupuis]

Well I guess its the fear of been hacked that is why most people refuse to have anything to do with bitcoin or other cryptocurrency. When I told a friend of mine whom i have been trying to convince into investing in cryptocurrency about how people do get hacked if not careful, he ended up telling me he has made his stand not to invest in crypto because it freaks him out. How I wish there will be a solution to this, probably, a lot of people might have invested in cryptocurrency.

If that is the fear, then they are not really ready for the future and they can just best stick to their traditional age and ways of doing things. Not like there is no solution to security but the problem is people always prefer staying in their comfort zone rather than looking for those solutions. What happened to cold and offline storages if they are scared of hackers? I guess they just do not have anything to do and are busy looking for excuses.

[WordDeckTuch]

you must use your personal money for personal reasons only.

[LienTHETRADER]

You will know the risks once you start trading and making some moves.