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Author Topic: Localbitcoin account hacked lossed 0.08 BTC  (Read 359 times)
Mister1k
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May 12, 2018, 03:02:16 PM
 #21

@OP,Check your email,other things might be in a vulnerable state too. Also try changing your email for literally every website you used that email in. Read this thread for better safety: https://bitcointalk.org/index.php?topic=159424.0

I am using locabitcoins more than 2 years I did not find any issues on having the fund over the LBC wallet but I got information like my friend once lost 0.2 BTC for some months back. It is really bad time for him I believe.
Private key secured wallet or online wallet. If account get hacked. Using the same account would be lead to loose the fund again mate.
Please create a new account with the different e-mail for the security concerns mate.
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St4yInTh3D4rk
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May 14, 2018, 12:42:47 PM
 #22

@OP,Check your email,other things might be in a vulnerable state too. Also try changing your email for literally every website you used that email in. Read this thread for better safety: https://bitcointalk.org/index.php?topic=159424.0

I am using locabitcoins more than 2 years I did not find any issues on having the fund over the LBC wallet but I got information like my friend once lost 0.2 BTC for some months back. It is really bad time for him I believe.
Private key secured wallet or online wallet. If account get hacked. Using the same account would be lead to loose the fund again mate.
Please create a new account with the different e-mail for the security concerns mate.
LBC is an online wallet so it can be hacked but they are providing lot of security features which can defend hackers attack,the most two important is two factor authentication and the IP address verification,these can be good features really and even you need that security codes while releasing bitcoins.But anyway if you don't have the intention of selling bitcoin in near future then better to move into an wallet.

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May 15, 2018, 08:30:14 PM
 #23

@OP,Check your email,other things might be in a vulnerable state too. Also try changing your email for literally every website you used that email in. Read this thread for better safety: https://bitcointalk.org/index.php?topic=159424.0

I am using locabitcoins more than 2 years I did not find any issues on having the fund over the LBC wallet but I got information like my friend once lost 0.2 BTC for some months back. It is really bad time for him I believe.
Private key secured wallet or online wallet. If account get hacked. Using the same account would be lead to loose the fund again mate.
Please create a new account with the different e-mail for the security concerns mate.
LBC is an online wallet so it can be hacked but they are providing lot of security features which can defend hackers attack,the most two important is two factor authentication and the IP address verification,these can be good features really and even you need that security codes while releasing bitcoins.But anyway if you don't have the intention of selling bitcoin in near future then better to move into an wallet.
I'm preferred on an online wallet I must comfortable in the decentralized wallet, LBC is good they have many security features before you can create a wallet. But since it is centralized you can't store your bitcoin here for a long term it is intended to sell or buy bitcoin and transfer to the main wallet. Blockchain.info decentralized wallet you can store here maybe months aside from hardware wallet.

I don't know what is the cause of getting hack since you email was verified, so it's our responsibility to keep our private key safe.
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May 18, 2018, 11:27:24 PM
 #24

It is always advised to not keep your bitcoin in exchanges especially in those exchanges which do not have strong security. I am also using localbitcoin for my trade but I do not transfer my bitcoin to that exchange. I only use that exchange for to search for the high rated buyers and sellers of bitcoin in my own area and then I do contact with them and meet them to exchange my bitcoins. That may be the best way of dealing on localbitcoin exchange.

Besides that if you are keeping some bitcoin for trade then always use good exchanges. I do trade mostly on Bittrex and my money is secured at there. I mostly invest for long term and when I buy some coins then transfer my coins to my desktop wallet.

If you do not use your bitcoin and have to leave them idle then do not leave them on any web wallet or any exchange wallet but keep them in your paper wallet or desktop wallet for increased security.
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May 20, 2018, 03:00:39 PM
 #25

It is always advised to not keep your bitcoin in exchanges especially in those exchanges which do not have strong security. I am also using localbitcoin for my trade but I do not transfer my bitcoin to that exchange. I only use that exchange for to search for the high rated buyers and sellers of bitcoin in my own area and then I do contact with them and meet them to exchange my bitcoins. That may be the best way of dealing on localbitcoin exchange.

Besides that if you are keeping some bitcoin for trade then always use good exchanges. I do trade mostly on Bittrex and my money is secured at there. I mostly invest for long term and when I buy some coins then transfer my coins to my desktop wallet.

If you do not use your bitcoin and have to leave them idle then do not leave them on any web wallet or any exchange wallet but keep them in your paper wallet or desktop wallet for increased security.

If you have fund on localbitcoins also no problem for it. First you need to set the 2FA to have the better security for the wallet mate. I use to keep my find LBC but I did not find any of my fund lost in there.
I would like to take the money out to fiat cash means localbitcoins would be right.
Better if you do not know to use the exchange wallet properly you can go to the normal private key secured wallet for it.

 
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May 28, 2018, 11:18:29 AM
 #26

Localbitcoins should upgrade their password security. I received a mail notification login attempt is made to your Localbitcoins account. I changed the password immediately and after 1 week i get a notification again a login attempt has been made to your LocalBitcoins account from ukraine and some unknown IP address.
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June 12, 2018, 05:56:14 PM
 #27

To my opinion localbitcoins is prety unsecure place to keep Bitcoins. Of course, it's not a wallet and it's purpose is not to keep your coins permanently there but if you want to trade/exchange they have to be available to you.
I think localbitcoins have security breaches too often and so far I have received several notices about attempts of unauthorized access to my account so I started to avoid localbitcoins. And this is happening all the time to many users.
It seems that hackers see it as an easy target so they realy should work more on security.

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June 16, 2018, 05:05:44 PM
 #28

Localbitcoins should upgrade their password security. I received a mail notification login attempt is made to your Localbitcoins account. I changed the password immediately and after 1 week i get a notification again a login attempt has been made to your LocalBitcoins account from ukraine and some unknown IP address.

This is really the big thing, did you asked the team about it and can they look into it and let them know that somebody is trying to login to your account without your own consent. Better to remove the coins if any exists in that account and stay away from it.
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