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Author Topic: Safe use of WEB Wallet  (Read 289 times)
redtag070 (OP)
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July 27, 2018, 09:55:45 AM
 #1

The other day, MEW 's wallet was taken over.

Apparently, I seem to have written a private key at the phishing site.


How to use WEB wallet to not fail like me.
Please tell me what you are doing, such as when you use or save PW.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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July 27, 2018, 10:51:24 AM
 #2

The other day, MEW 's wallet was taken over.

Apparently, I seem to have written a private key at the phishing site.


How to use WEB wallet to not fail like me.
Please tell me what you are doing, such as when you use or save PW.

I think you pretty save your Private Key on a safe note.

However, you admit that it seems you are a victim of a phishing site. No matter how secure our private key or password is, if you input it on a phishing site then there is a chance that it will be compromised.

Next time be aware on what site you are inputting your important credentials.

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July 27, 2018, 11:40:34 AM
 #3

All phishing attacks seem to target Myetherwallet domain name, use MyCrypto instead, It's the same with more features.

If you ever type your private keys, or upload your JSON file at a phishing site, you're basically at the mercy of the attacker, there is nothing that can be done to protect yourself from that, just be vigilant.
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July 27, 2018, 11:48:33 AM
 #4

The other day, MEW 's wallet was taken over.

Apparently, I seem to have written a private key at the phishing site.


How to use WEB wallet to not fail like me.
Please tell me what you are doing, such as when you use or save PW.
The first thing is don't put your private keys anywhere like airdrops and bounties. Next one is checking twice the official Myetherwallet website or not and keep in touch with Myetherwallet social media updates. In my opinion is you can use Metamask in your web browser. You can use Metamask safer than Myeterwallet.
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July 27, 2018, 11:50:06 AM
 #5

Next time, access those web wallets from a saved/bookmarked link instead.

On a side note: None of the web wallets are safe.

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July 27, 2018, 01:02:21 PM
 #6

I suggest to go only through the bookmark on the official website of the MEW Wallet. When you open the site, check all the address symbols (often change "a" to "á"). I apologize for my English.

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July 27, 2018, 01:14:48 PM
 #7

Next time, access those web wallets from a saved/bookmarked link instead.

On a side note: None of the web wallets are safe.

Is it safe to assume the best wallets are the core wallets?

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July 27, 2018, 01:33:13 PM
 #8

As far as you have your keys on any website including web wallet service provider, don't expect security for your wallet. Crypto is all about self-responsibility and hence we should take enough security precautions to keep our crypto funds safe. I would recommend you to keep your funds in offline wallets such as a securely generated paper wallet or reputed hardware wallet. Web wallets are convenient but I don't expect security from them.
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July 27, 2018, 02:59:38 PM
Last edit: July 27, 2018, 03:49:29 PM by mjglqw
 #9

MyEtherWallet wasn't taken over(at least recently). You got hacked because of user error. You most likely clicked on a phishing link when you Googled "myetherwallet". The thing is, hackers can pay ads to Google for listing a phishing site version of the original MEW. So this wasn't MEW's fault. Unfortunately you learned the hard way; hopefully your losses wasn't that much.

Next time when using MEW, type the URL "myetherwallet.com" accurately on your browser's address bar intead of Googling it.

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July 27, 2018, 03:19:09 PM
 #10

Use hardware wallets otherwise you can never be safe, that is also recommend by the wallet you use Roll Eyes so still entering private keys is nonsense and you accept losing coins.

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July 27, 2018, 03:40:55 PM
Last edit: July 28, 2018, 12:05:31 AM by TryNinja
 #11

To be fair, MEW's domain was "taken over" for some users due to the temporary DNS hack. Which means that some users who accessed the MEW domain where accessing a phishing website (even if it was showing as insecure).

The definitive solution is to download MEW's source code[1] and run it locally on your computer.

[1] https://github.com/MyEtherWallet

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July 27, 2018, 11:57:09 PM
 #12

To be fair, MEW domain was "taken over" for some users due to the temporary DNS hack.
there is an official MEW Chrome Extension you can use to increase your security
However, I'm not quite sure if this Chrome Extension would protect you in such case above?
but this extension would definitely help you from falling into phishing sites Cool

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July 28, 2018, 02:58:38 AM
 #13

Put your private key in a secured place that your the only one who knows were it is. Make a copy or print it to have a back up, which is recomemded. Just be careful cause a lot of hackers will try to steal your private keys.
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July 28, 2018, 03:19:52 AM
 #14

Put your private key in a secured place that your the only one who knows were it is. Make a copy or print it to have a back up, which is recomemded. Just be careful cause a lot of hackers will try to steal your private keys.

It would be a good idea if you would read OP's post first before commenting on it.

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July 28, 2018, 03:20:13 AM
 #15

You admit to type your private key at the phishing site, so i recommend you bookmark the legit page https://www.myetherwallet.com/
Bookmark and only use it, don't search on the address bar or google some thing like MEW, myetherwallet, eth wallet... and click on the result links, never do it. The search results are not safe. You can install Metamask, a good and legit ETH and ERC20 wallet extension on Chrome and Firefox, this extension also warn you when you visit a fake MEW website.
Metamask legit extension: https://chrome.google.com/webstore/detail/metamask/nkbihfbeogaeaoehlefnkodbefgpgknn?hl=en
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July 28, 2018, 03:29:34 AM
Merited by Aleya (1)
 #16

the only way to stay safe is always going to be using cold storage!

using MEW actually allows you to do it in a somewhat easy way. here are the steps:
1. download the source to the website https://github.com/kvhnuke/etherwallet (verify if this is the right link yourself)

2. go to send offline tab. all the other steps will also be in this tab


3. (online) enter your address in step 1 which you want to send from. write down gas price and nonce

4. (offline) enter appropriate info in step 2. choose the right option from bottom of this step "How would you like to access your wallet?" (it usually is the last one: private key). enter the right information here and click unlock

5. (offline) move a little lower, click generate transaction and now copy the "Signed Transaction" and transfer it to your online computer

6. (online) go back to https://www.myetherwallet.com/#offline-transaction and scroll to the bottom of the page, step 3. paste the "Signed Transaction" from #5 here and click send.

7. do this as a test first to learn how things work, you can send a small amount and check everything then do it for everything.

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.BLACKJACK ♠ FUN.
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July 28, 2018, 04:18:40 AM
 #17

Web wallets are a pleasure to use but prone to phishing attacks. If you bookmark MEW and access it ONLY from that bookmark, you are quite safe. But bookmarks can be hacked too I guess, never heard of it but why not. Next level of protection would be using hard wallet like Ledger or Trezor. You can connect it to MEW easily and can almost guarantee your safety. Just make sure you're sending to the right address and you now 99.999% safe.

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July 28, 2018, 06:49:19 AM
 #18

Is it safe to assume the best wallets are the core wallets?

As long as your computer have no malware. The hardware wallets are the only one that are truly safe, I suggest investing in one.
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July 28, 2018, 07:37:52 AM
 #19

100% safety is almost impossible to reach, so the first rule: be paranoid.

If you visit MEW daily (without login in) you will increase the chance that you subconsciously notice if something is 'off'

Use Metamask (don't keep it open, just login when necessary)

Keep coins / tokens you don't intend to trade soon on a hardware wallet.

Don't follow links. Always type the url.

Keep your computer clean (virusscanners / anti-malware software)


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July 29, 2018, 01:37:45 AM
 #20

How to use WEB wallet to not fail like me.
Blockchain.info is pretty reliable in terms of not gettin hacked, but they had technical difficulties in past.
So overall there is no online wallet that is secure and reliable. You can always be your own bank and choose software wallet like multibit or electrum etc.
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