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Author Topic: A lot of hacks, whats the solution?  (Read 2616 times)
MrCrank
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October 29, 2018, 02:23:16 AM
 #261

its been half of 2018 and we have seen a lot hacks issue in crypto industry, exchanges, pools, traders everybody is being affected by this hacks.

what is the solution as i see hackers will not leave this chance as this industry is still in development mode( early stage).

is DEX are solutions for traders, let me know !
BTC

If you want to store you BTC, best choice is paper wallet, no one can't hack it.
also need use last version and dbase of Antivirus. (This help not every times)
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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sinkfish
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October 29, 2018, 02:24:34 PM
 #262

withdraw from exchanges, lock it under cold wallet. come back when it is safe enough.
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October 30, 2018, 11:19:08 PM
 #263

Split your coins into multiple wallets. Don't store everything in one place. It can save you.
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October 31, 2018, 09:45:43 AM
 #264

We have to be very careful, because there are a lot of scams on the cryptocurrency market. This market is not regulated by anyone and fraudsters are very difficult to track down, they go unpunished.
Of course, people would need to be careful. A lot of people would try to take advantage of gullible people, knowing that they are easy to con from their money. It wouldn't be easy if the people engaging in it have proper privacy techniques. The first step should involve people going to protect themselves and practice proper wallet keeping in my opinion.



Split your coins into multiple wallets. Don't store everything in one place. It can save you.
It could be a step to preventing hacking off a large amount of coin in your wallet. If you manage to do that, it would've taken time. That's the frustrating part. Everything would be hard to access if it's in a cold wallet. I don't think small fry's who have less than 1 BTC could be a target or something.

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October 31, 2018, 09:53:18 AM
 #265

there are several kinds of solutions, one of them maybe you can save the bitcoin that you have on the blockchain or save it in the hardware wallet, when you want to use your assets for transactions you should be able to see the links and make sure the link you are accessing is genuine.
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October 31, 2018, 10:04:05 AM
 #266

its been half of 2018 and we have seen a lot hacks issue in crypto industry, exchanges, pools, traders everybody is being affected by this hacks.

what is the solution as i see hackers will not leave this chance as this industry is still in development mode( early stage).

is DEX are solutions for traders, let me know !
BTC
I can't tell you that DEX is a solution for anti-scam. We cannot say that we are safe in using cryptocurrency unless hackers will be detected nor removed. But until hackers can detect funds, they are always here to steal our money. Just be safe and secure what ever we do so that we can keep our funds safe.

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October 31, 2018, 02:14:19 PM
 #267

its been half of 2018 and we have seen a lot hacks issue in crypto industry, exchanges, pools, traders everybody is being affected by this hacks.

what is the solution as i see hackers will not leave this chance as this industry is still in development mode( early stage).

is DEX are solutions for traders, let me know !
BTC
we have to save our bitcoin for now so we don't miss hackers, maybe it's the best solution, or we just make some money so that when our account is hacked there's not much money there

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October 31, 2018, 02:37:03 PM
 #268

The solution is still for the exchanges to up their games in the area of security. The hackers will never sleep because it is like their jobs now and will also be upgrading their game in hacking into exchange accounts with much liquidity. They will always collect as much as they can lay their hands on. The exchanges should be able to procure the best and the state of the art   security software for their system and be willing and ready to do the update as many time as required. They should not consider the budget that it will take to get their security software upto date and effective.
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October 31, 2018, 04:21:48 PM
 #269

its been half of 2018 and we have seen a lot hacks issue in crypto industry, exchanges, pools, traders everybody is being affected by this hacks.

what is the solution as i see hackers will not leave this chance as this industry is still in development mode( early stage).

is DEX are solutions for traders, let me know !
BTC


I have never experienced hacking, hacking that occurred in the middle of this year only on Ethdelta, and until now ethdelta has been largely abandoned by traders. I think the current system has become increasingly sophisticated to prevent hackers from acting
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October 31, 2018, 06:10:46 PM
 #270

you need to be as vigilant as possible because at one point you can lose all your funds - this is the only solution at the moment this problem

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October 31, 2018, 06:17:33 PM
 #271

hack usually targets your wallet containing coin assets, if that happens I suggest that you save in a hardware wallet that you can make as a good solution if your wallet has a large asset. but other than that if you hack an exchange account or so on you can supplement it with the security of the Google Authenticator as a security supplement.

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October 31, 2018, 10:44:06 PM
 #272

One of the key to hackers infiltrationis to ensure you avoid visiting unsecure site and links sent to your mail, be wary of freebies as it is the target point for hackers to have access to your wallet private key, avoid visiting exchange site through links sent to you mail address.
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October 31, 2018, 10:56:33 PM
 #273

The solution is told for many times, and that solution is easy too! To avoid ICO scam, you have to research about that ICO project and you need to know how to find a real ICO Project! To avoid wallet hack, you have to use most trusted and secure wallet, and a hardware should be the first choice! To avoid risk in the trade, do daily trade with good coins. That's it.

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October 31, 2018, 11:55:11 PM
 #274

The solution is told for many times, and that solution is easy too! To avoid ICO scam, you have to research about that ICO project and you need to know how to find a real ICO Project! To avoid wallet hack, you have to use most trusted and secure wallet, and a hardware should be the first choice! To avoid risk in the trade, do daily trade with good coins. That's it.
The security of our assets must be maintained to the maximum. Hacking cases are increasingly common when the price of cryptocurrency increases, hackers want to get instant profits. The solution you provide is very good, a few tips, don't use an exchange wallet to store your assets for a long time, it's quite risky.

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November 01, 2018, 01:57:11 AM
 #275

A friend convinced me to go for a cold wallet. And it makes perfect sense to use it. It’s the concept of storing bitcoins offline (not connected to internet) so that it reduces the opportunities for hackers to steal via online techniques. Other than that, here’s an article with some useful tips:
https://medium.com/polyswarm/5-ways-to-prevent-your-crypto-wallet-from-being-hacked-981acd86bc43
btcCoincart
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November 01, 2018, 02:19:01 AM
 #276

Sometime it's not just simply hack. It's a new scam method. Just thinking in this way, how if the exchange want to take over all of your money? They sent all of your and other's money to another wallet online, and make up an announcement that they are hacked....
This might be a new scam trend this year LOL
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November 01, 2018, 02:46:51 AM
 #277

its been half of 2018 and we have seen a lot hacks issue in crypto industry, exchanges, pools, traders everybody is being affected by this hacks.

what is the solution as i see hackers will not leave this chance as this industry is still in development mode( early stage).

is DEX are solutions for traders, let me know !
BTC
We can't do anything to stop hacking. Hackers will hack whenever they can. All we can do is find the best security measures and apply them for our safety.

Check the links below for some tips that may help you.

https://hackernoon.com/eight-simple-rules-for-protecting-your-cryptocurrency-5cdddc9f674d

https://bitcoinist.com/secure-cryptocurrency-wallet-16-simple-tips-beginners/

https://bitcoinexchangeguide.com/cryptocurrency-security-guide/

libert19
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November 01, 2018, 03:31:03 AM
 #278

Awareness is the only solution. Some attacks are so sophisticated that unless one doesn't get hacked, public can't be aware of it.

Even dex are not safe as they make it out to be. Recent bancor hack shows that.

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