Hacking kills the cryptocurrency market

[pazzanegro]

Hacking is really dangerous thing for crypto, huge amounts can be stolen. Its very risky to hold crypto without knowledge of phishing, scam and etc. I imagine people that have been rubbed for over 10K$...

[Prolifik]

Hacking is one of the biggest obstacles to the cryptocurrency market.
1- Ever been hacked?
2- Lost your coins in an exchange hacking?
3-Did the exchange pay you back for lost coins?

Please share your story, and give some TIPS on how to avoid being hacked.

Crypto market is market of freedom, cryptocurrencies are pseudo-anonymous and this place gives opportunity to hackers or another smart people because there is no protection, there is no insurance, there is no authority that will procect you when you loose money, so be smart and protect your self!

[Perfect35]

Hacking is one of the biggest obstacles to the cryptocurrency market.
1- Ever been hacked?
2- Lost your coins in an exchange hacking?
3-Did the exchange pay you back for lost coins?

Please share your story, and give some TIPS on how to avoid being hacked.

One of the reasons hacking is not healthy for the system, most especially cryptocurrency, is because hackers dump the stolen coins at ridiculous rates, thereby, causing the market to suffer more bear.
I have never been a victim of stolen funds, most especially on exchange, because i keep my funds in my private wallet, that I have full control over, through the private key.

[arimamib]

Hacking is one of the biggest obstacles to the cryptocurrency market.
1- Ever been hacked?
2- Lost your coins in an exchange hacking?
3-Did the exchange pay you back for lost coins?

Please share your story, and give some TIPS on how to avoid being hacked.

Crypto market is market of freedom, cryptocurrencies are pseudo-anonymous and this place gives opportunity to hackers or another smart people because there is no protection, there is no insurance, there is no authority that will procect you when you loose money, so be smart and protect your self!

in the crypto system that is what really happened. so the information that is owned is taken responsibility by yourself. although security has been given a lot by the developer but there is no system safe

[ay.postnov]

Every time when something good start working hackers are trying to ruin system and it have a very negative effect for new investors

[slaman29]

I know crypto people are some of the most deluded people around, with visions of grandeur and all that. Blaming panic sellers. Blaming whales. Blaming bounty hunters. But this is really new for me. Blaming hackers? You know you all sound like the US government blaming small fish for big tsunamis right?

Anyway, stuff like Bitcoin still can't be hacked. Wallet hackings and exchange hackings? Those are all people and company practicing bad security. THEY are bad for crypto, not hackers.

[Sondale]

Hacking is one of the biggest obstacles to the cryptocurrency market.
1- Ever been hacked?
2- Lost your coins in an exchange hacking?
3-Did the exchange pay you back for lost coins?

Please share your story, and give some TIPS on how to avoid being hacked.

well yes but peolle who hacka nd aho got money they just do not think abkut that and they are satisfoed with theor lives

[Sondale]

I know crypto people are some of the most deluded people around, with visions of grandeur and all that. Blaming panic sellers. Blaming whales. Blaming bounty hunters. But this is really new for me. Blaming hackers? You know you all sound like the US government blaming small fish for big tsunamis right?

Anyway, stuff like Bitcoin still can't be hacked. Wallet hackings and exchange hackings? Those are all people and company practicing bad security. THEY are bad for crypto, not hackers.

i havenever been hacked and i see nonpint in being constantly afraid bit you heed to ge very careful nowadays

[chadtn]

It is worth being as secure as possible, making complex passwords. You can not register on unverified sites, let alone download unknown programs.
Install a good antivirus. Many wallets have already been hacked and people write about it, first read what others are writing.

[ripzombie]

I have never been in any of this situations and I hope I would not.. however, there are so many threads that we all should be as much attentive

[jan.nicolas]

I really hate hackers and I've lost a large number of tokens on HITBTC but after I confirmed and included proof, the exchange did't replace the assets I had there

It seems to me that HITBTC is not the best exchange that can be trusted, I think that today there are still much better exchanges that can really be subjected to hacker attacks today. In general, as I already said today there is nothing protected.

[Alohadanc3]

I have been never hacked personally. But yes I got a problem in some exchange. Somehow it's a bug and and all token swap to eth in very low price. And when I saw this situation the token somehow pumped. I contacted the exchange customer service but they didn't help me out. They just said buy that coin again. But I know people who have been hacked personally. They lost all his ethereum based token. It was pushing maybe. So if you are in this ecosystem be careful. Never trust anybody. And be careful. And if you have enough fund use hardware wallet.

[dizzy1996]

I will tell you about my sad experience, I had the MEW wallet cracked and almost all the means were stolen and nothing could be done about it. And if we are talking about the theft of funds from stock exchanges, then this greatly affects the market as a whole, since in the future large volumes of tokens are sold for a pittance

[Turkish88]

I am many times say about crypto security problems.
Need to find ways to increase secutiry because regular users have little expirience about it security and can be easily hacked.
So crypto for now only for it professionals

[ned.ryerson]

Yes this can be a reason why the crypto is dying all of the other investors that invest the crypto is not leaving due to the investment of them being scam so i hope this will end because it can kill the crypro itself

I think no. The reason is clearly not the case. hacker attacks occur every day on the banking system and people lose much more money than in cryptocurrency.

[prrlc]

I agree with you. Hacking is very very big reason. I think not biggest but big reason. cyrptocurrency market is very risk because of this people scary about the investment this market. People do not trust the markets and projects.

[cryptocyprus]

Just keep your data in a safe place, preferably on a flash drive. Do not fall for the tricks of scammers and do not use phishing sites. Buy a hardware wallet!!

[alimarh]

I don't think hacking kills cryptos, it makes to be stronger and safe, the more they hack, the more people find means to secure their coins, though i have not been hacked before because i am always careful but I have been scammed.

[Kimi80]

So far, so good for me, although I have been hacked on a poker site that uses fiat...
Hackers are generally problem that is always present in online world. No matter how good and upgraded protection is, hackers will always find the way to breach it, cause those guys know their 'job'. Exchanges should cover the loss of their clients but personal wallets  are our personal concern. Hackers, as I know, inject a worm to your comp system through some sites and have access to your personal data. It's the most common way. That's why everybody suggest to copy/paste your wallet personal key instead of typing it, because everything that you type on yours is coming up on mister hackers screen.

[aligator2017]

There are ways to make hacking processes useless for hackers. Everything can be hacked. It is only matter of resources - time and money. You can burst any password this way. But if you make it longer it may take hundreds of years to be hacked
Most cases when people lost their money were not caused by hacked private keys - these people just installed malignant programs by themselves