Cryptocurrency wallets: Can they be hacked??

[Lydiaglo]

If you are deploying access to your wallet maybe it will happen. Depending on the wallet you are wearing because the security of the wallet is necessary.

Hacker’s minds are faster than the controllers and management for cryptocurrency wallets. The authorities try their best to provide unbreakable security to its users but nevertheless hackers hack their system. It is not good because one can lose all his money in seconds and the problem is this that you cannot claim your lost money because of the illegal money for many countries.

[munareal]

Cryptocurrency wallet can be hacked by savvy hackers if they can get hold of your private keys and password. That is why you should be careful of the sites you visit some of them have malware that steals your information

[Rastafarian]

Your cryptocurency wallet can be hacked if you become careless. Always keep your wallet password very safe and never save them anywhere for anyone to have access to.

[vagsun]

I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?

Yes definitely they can be hacked. Humans invented the technology, so definitely they can also hack it. Every online wallet is having high risk of getting hacked as hackers are becoming advanced day by day. So its safe to use offline wallets which are 100% safe. Now a days many online wallets are using high security systems but still hackers are very clever ,they can manipulate you to acquire all your personal details such as PIN, OTP etc

[geopolisch]

of course, as good as any program there must be a shortage that can be exploited by irresponsible people like hackers, especially for online wallet, wallet with internet method is very vulnerable to hacking, because people can do theft by using the internet from wherever he is.

But this can be stopped and prevented by using certain tactic like keeping your account secure and the password very personal. Besides, changing the account password once a month is also advised.

It is advised by some experts not to login to websites that are insecure and can potentially hack your personal computer. Blockchain has reduced the threat up to great extent and Google and Facebook has also played a role to reduce the fraud activities by banning the advertisement.

[Crystal24]

Yes. Cryptocurrency wallets is prone to hack , as some of the wallets are not securely protected against hackers.
Again, users who save their passcodes carelessly or are fond of clicking on any damn link that comes their way .....make it easy for hackers to get access to their wallets.

[ethereumhunter]

of course, it can be hacked, as long as we can protect the wallet, then we are safe and we don't have to be afraid of the hack. there are a lot of ways to secure our wallet from the hacker especially if we can save the private key on that wallet. and if you make a password for the wallet, try to combine the phrase with the number and alphabetical and special character so it will more difficult to hack.

[vlom31]

Definitely yes :/


Mehdi

[hajimasan]

I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?

My answer will be in favour of yes and no both , because it depends upon our choice to choose the wallet wether we are going with the official wallet of bitcoin ( as an example) or we are going with the third party wallets .
If we will choose blockchain.info then there is no chance that our wallet can be hack ( condition is that we should not share any type of data with anyone ) and if we will go with the third party wallet then there may be chances that emails can be hacked and then the hacker will reset the password of of your account and will transfer all the amount of the money at his own adress .
In my whole 5 year experience in this field , I didn't found that anyone lost his money with his official platform of bitcoin but at exchange and third party few people lost because they exposed Thier own email id and vistited to any sucspicious link without thinking about the privacy and security  .

[stasiulman]

Some time ago I found info that bitcoin wallets can be hacked through the vulnerabilities that are currently available in cellular networks. This is a vulnerability in SS7 networks. During the experiment, the specialists managed to access the pre-created bitcoin-wallet in Coinbase.
Phishing links - they are also actively used by scammers.

[bitcoinsocial09]

I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?

Yea, it nay hacked becaused nowadays it has many ways to do whatever you want. In this era of technology it is not possible that there’s a way to figure out how to hacked any secured identity or property’s. So for you, you better to take care of your privacy and secured it. Do not give your persobal information to the other people especially tgose people are not trustworthy.

[AlexKr]

In our time, everything can be hacked. It is necessary to protect personal information

[BaraxLo]

I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?

Hacked into a good job. I love cryptocurrency and technology in the right direction. I believe that they can do it is a new way to have the right direction, but we can do to the fullest extent possible. Cause I think it is to say, I do a good thing that you need an online business, I do a lot of cryptocurrency

This reminded me of the top third hacker of the world Shahmeer Amir who has hackes more than 400 websites including Google, Microsoft, Facebook and Snapchat. This is not easy and making money by hacking is easy but he has started using his skills to improve the security rather than hacking the websited and accounts.

This is something that helps improve our society and we all sjould equally participate. The cyber laws should be implemented strictly to restrict the hackers and keep the information of he people privet.

[LizZavet]

If you want you wallets be safe and not hacked you need to store your private keys very carefully in secret place.

[lingwistiko]

Anything that is secured digitally can be hacked most especially if you are not taking good care of your account's info. There are lots of ways hackers employ to get what they want from you so you better be careful at all times. Never trust to strangers you meet online and even your family members too.

[Veronika94]

You can hack anything if you want.  It's the digital world.  There are no frames here.

[Nnedaddy1]

Yes ,cryptocurrency wallets can be hacked even the almighty etheruem wallet/website get hacked all the time.
The easiest way to get hacked is clicking on every link that comes your way.
We need to be very cautious of our wallets so as to avoid being hacked.

[uozer]

It is an understatement saying these wallets can not be hacked considering the present Developed and advanced Technologies used by these hackers in varied manners recently. The onus lies on every owner to be so much careful and guide against their Private keys strongly at any point in time. If you must to operate your systems anywhere such like public places like hotels and Parks, ensure your IPs are strictly hidden or you dare not operate at all just as an instance, my opinion.

[Aamir1]

If your Bitcoin wallet is hosted in a third party server (coinbase, blockchain, bittrex ect) then yes it can get hacked.

If your Bitcoin wallet is hosted on your own device, personal computer or in an offline paper wallet then it cannot get hacked.

This is completely incorrect, just because the wallet is stored in your own device it does not mean it cannot be hacked, the reason we see more hacks against exchanges has to do with the fact that they are big targets because of the great amount of coins that they hold, but make no mistake there is always a way to get hacked or to make you to reveal that information, some months ago thieves stole bitcoin from a trader the old fashioned way and this is only going to happen more frequently as the value of bitcoin goes up.

Yes, and small traders like us will always get ignored by hackers because they don't know how much is really on our wallet but with exchanges, they can expect on how much they can get. But we still need to be careful because maybe one of the people you know is a wanna-be hacker trying to steal your  money because you told them how much you have.

Which is why you should not trust anyone in this market, in fact one of the easiest ways to be hacked is if the hacker can get physical access to your computer since many people do not put a password in their computers, this is why you must keep the amount of coins that you are holding in secret even to your loved ones so you avoid becoming a target, after all if criminals knew that you keep a bunch of cash in your house you will be robbed immediately.

Specially online wallet have more chances to be hacked. I think we have more example in previous times when even the whole exchanges have hacked and people lost a lot of money, I think that it is too much important to use 2 factors security for our online wallet which can prevent our wallets to be hacked by the hacker.

[recklessMe]

Of course they can. That’s the reason why I bought a hardware one.