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Author Topic: Wallet hacking is it possible?  (Read 29598 times)
barnes13
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October 02, 2018, 02:55:05 PM
 #181

Just like an account where one's fiat currencies are kept so also is wallet where digital assets or cryptocurrencies of crypto lovers are kept. Can the wallet be vulnerable to hacking and if possible how can that happen? If you have experienced it before, I want to learn from your experience.
In general, yes, because every security must have weaknesses. it's just that only certain people can find such weaknesses. But besides all that we have to keep the password confidential or our private key wallet. And don't give your private key to anyone.
When you want to enter one of the web exchangers or log in on your web wallet page, please note the domain on the web because there are many phishing websites that trap us.
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October 02, 2018, 02:56:35 PM
 #182

Just like an account where one's fiat currencies are kept so also is wallet where digital assets or cryptocurrencies of crypto lovers are kept. Can the wallet be vulnerable to hacking and if possible how can that happen? If you have experienced it before, I want to learn from your experience.
Wallets are less likely to be attacked by hackers unless you reveal your own password, in which case your wallet becomes unsafe.

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October 02, 2018, 03:00:22 PM
 #183

yes it is possible to hack your wallet. i had experience it for several times, even if i dont  give my private keys to anyone but still there are people who had nothing to do with their lives than to hack. its so disappointing that i lost all my valuable tokens.
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October 02, 2018, 03:01:32 PM
 #184

thats a 100% possible, when the user is too lazy of holding their own private keys and passwords. and not even investigate the possible scam sites or phising site that they visit and register their personal informations. just be careful mate!!
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October 02, 2018, 03:09:21 PM
 #185

I never got hacked wallet and I hope I will never. However, there were some people got hacked their MEW some months ago. The hackers right now are very curious and smart so that it is possible for them to hack you wallet. But, of course it may be because of some causes such as the private key, online wallet, free wallet, and others.

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October 02, 2018, 03:14:15 PM
 #186

for me it's normal to hack your wallet without caution. To avoid being smart it is to delete all your computer or laptop history and never open the wallet if it's not important.
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October 02, 2018, 03:14:26 PM
 #187

Of course, everything can be cracked, today security really suffers, but each time it becomes much more difficult than it was before, so I think that it is better to pay attention to it all the same.
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October 02, 2018, 03:15:26 PM
 #188

Yes. I have good experience. Last year two times hacked myetherwallet lossing my privatekey. But still i cant find where loss my privatekey. Anyway all accounts can possible to get hack.

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October 02, 2018, 03:18:22 PM
 #189

Unfortunately yes. And this is often used by scammers. Therefore, you need to keep your coins in safe wallets. And I also think you need to have a pair of cryptocurrency wallets. To protect yourself better.
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October 02, 2018, 03:32:18 PM
 #190

ALL wallets are vulnerable to hacking in different ways if they are not setup and used correctly..

It sounds like you are talking about a web wallet, a wallet on a website.
These are very vulnerable to hacking just the same as exchanges are. They can be hacked by hacking the website itself, ot hacking your computer to get your login details, or phishing you..
They definately are NOT unhackable..

Then you have desktop and mobile wallets..
Besides possible volnerabilities in their code they are only as safe as your device.. So if they can hack your device they can get your coins..
Even if you encrypt the wallet they could still get you with a keylogger or something..
Your device's security is in your hands..

Then you have "cold" wallets.. They can be quite unhackable if done right but you have to do them right..
If your seed or priv key are saved on a machine that the internet can touch, then they are hackable..
If you create them on a machine that was possibly infected or connected to the internet, they are hackable..
They are only unhackable if done right..

Then their are hardware wallets like the ledger and trezor..
Unhackable you might say right?
Well probably if you save your seed offline like write it down on paper, but if you save your seed in a file on a computer that is connected to the internet they can getcha....
Also, a lot of people STILL get hacked using these by trying to claim forks with scam wallets!!!
So you still have to watch what you do..

My choice is the Ledger hardware wallet but I am still very suspicious of the chrome app, and it needing "updates" all the time spooks me..
Seed written on physical paper..
With all these listed you make it look like it's almost impossible bring safe owing a wallet. Come on dude, it's not that difficult getting one's coins secured in a wallet. All one has to do is keep one's passphrase or password secured outside an online device. Just copy it out on a paper and keep away from preying eyes. Anyone will be fine if they do this and stay away from phishing sites. It's that simple. By the way, I endorse Coinomi and blockchain wallets.

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October 02, 2018, 03:51:41 PM
 #191

 it is a big yes, definitely, wallet hacking is more than possible. When you loose guard and mistakenly give of your private keys, hackers will find a way to get into your wallet and move your funds. this is such a disappointing thing that will happen to you.
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October 02, 2018, 03:53:00 PM
 #192

I think it is very hard to hack to wallets in cryptocurrency when it comes to bitcoins the codes and the private key is very hard to unlock unless you will give it to the wrong person. There is also a chance that you will get hack when you log in your account in a fake and phishing sites like mew or other exchange sites that requires your email address and private key, the hacker will get you phished and get your information on your email and they can enter your account and steal all of your coins. Do not give your private key to anyone and always check the website that you are logging in.
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October 04, 2018, 10:21:51 AM
 #193

Hacking is a big problem so i think if you have Erc wallet and have private ken there is very difficult to hack your wallet but i must say you have very care full about your wallet.As the technology is developing you have to more need to aware about  hacking.
Usually, any wallet cannot easily be hacked as long as you take security serious and you make use of added security when it comes to your funds. On its own, wallets, most especially when you have full control of them, is non-hackable, however, this does not mean the hackers cannot make use of some programs, or device some means or whatsoever to have access to your information at the end of the day if you are careless.

So, the truth is that if you are very careless with your wallet, you really do not pay attention to details or you just don’t take security seriously, the possibility of getting hacked will always be there.
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October 04, 2018, 10:27:24 AM
 #194

if your computer is connected to the Internet, then anything can hack)
It is better that the "working" computer was only for work. And do not walk on suspicious sites, do not download suspicious files. Plus - if there is a good antivirus program
do not store passwords and secret words in sufficient places

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October 04, 2018, 10:38:42 AM
 #195

If hacking of wallets is that cheap and easy, and lot of persons would have been out of this business by now, I think there is a whole lot of security tied to wallets of crypto assets, the most important of them is the offline wallets where one uses the private keys to gain access, but online wallets are more vulnerable
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October 04, 2018, 10:59:44 AM
 #196

Even though you are a newbie should first learn how to protect your wallet and secure, hacking is now a business a multi million dollar business, do not keep all your coins to only one wallet, and avoid storing all your coins in exchanges, even old holders are getting hacked.

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October 04, 2018, 11:02:36 AM
 #197

Hacking or scamming other people in our society is very applicable if we are not careful on securing our assets or funds and if we are not have the proper knowledge on investing. Hacking can also be possible on our crypto compatible wallets if the hacker/s have the access on our wallets. In order to protect our wallets, we must be careful on signing in unsecured exchange sites or avoid signing up scammed airdrop forms.
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October 04, 2018, 11:07:26 AM
 #198

Just like an account where one's fiat currencies are kept so also is wallet where digital assets or cryptocurrencies of crypto lovers are kept. Can the wallet be vulnerable to hacking and if possible how can that happen? If you have experienced it before, I want to learn from your experience.

Theoretically, people can fly using their mind only. In fact, there is none of the factical proves for the flying people. The same situation is in cryptocurrency area. Theoretically, you can hack the wallet, but the chance is extremely low and required resourses are enormous.
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October 04, 2018, 11:08:02 AM
 #199

Just like an account where one's fiat currencies are kept so also is wallet where digital assets or cryptocurrencies of crypto lovers are kept. Can the wallet be vulnerable to hacking and if possible how can that happen? If you have experienced it before, I want to learn from your experience.
In this world everything has vulnerability , so everything is possible for us to do , but here I don't mean that we can hack any wallet easily .
Just like as you a key and lock  ( branded ) that is safe and no one can unlock , but still there are chances that anyone can try to make lots of combination to crack the key , so there remains chances that he can get probably the exact configuration and design of the key to unlock the lock .
Here same things works with private key and public key , As a private key is combinations of letters and digits so there is no 999.999% chances that anyone can make combination of private key for a particular address .
But if you are with the third party/non-offical wallet then I don't think you can get success easily to remain secure Because if anyone will hack your email then he can hack everything that what you have with your email .
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October 04, 2018, 11:18:53 AM
 #200

yes definitely, wallet hacking is more than possible. When you loose guard of your private keys and mnemonic phrarses, hackers will find a way to get into your wallet and move your funds.

I remind you that phishing / stealing private keys is not hacking, but simply fraud, theft. This does not concern the security issues of the wallets, it is your personal responsibility. And no one is responsible except for you.

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