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Author Topic: Wallet hacking is it possible?  (Read 29597 times)
GermanGiant
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October 12, 2018, 11:02:47 PM
 #381

It is very possible that a wallet can be hacked, Each wallet has different weaknesses. One of the most common cases is the process of logging into a wrong site (phishing) so that a hacker will easily have access to your account. I can't say the same for all wallet, but all wallet is next to possible to hack.
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October 12, 2018, 11:34:02 PM
 #382

I think the next 10-15 years, bitcoin will remain as one of the most profitable assets. And its value will periodically grow and grow.
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October 13, 2018, 03:58:04 PM
 #383

Wallet can be hacked just like exchange been hack.... Hackers makes use of different tricks to access your wallet for instance phishing site, hacking your computer system.... I think it possible to hack wallet but the percentage of doing that is small.
The chances of being hacked go way lower if you just take some basic precautions, for example if you use a hardware wallet that you bought directly from its manufacturer then the risk of losing your money due to hacks becomes very low and if you also use a secure operating system then hackers are going to have a very hard time getting access to your coins.

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October 13, 2018, 04:34:53 PM
 #384

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.
I think it's possible to hack wallet. You make your password strong, so hackers face very difficult problems to hack it,
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October 13, 2018, 04:39:11 PM
 #385

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.
It is really possible and in order to avoid such thing to happen , do not give informations to unauthorized people. This is their way to get in touch with your account that would and worse, to result for your account to be hacked. Wallets are all vulnerable to such problems because it involves technology. We need to be careful on managing out wallets to avoid such conflicts to occur. Also, you may consider making the password tricky.
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October 13, 2018, 04:44:40 PM
 #386

There is always a chance, because today there are a lot of technologies that are just starting their way, so testing now begins in new technologies and many hackers are now able to crack real, so it's better to use old but proven wallets.
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October 13, 2018, 05:34:29 PM
 #387

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.
I think it's possible to hack wallet. You make your password strong, so hackers face very difficult problems to hack it,
It's a user problem, not a wallet. All time I see such users that put '12345' on his password and after cry how it can be 'hacked my system'. Actually, wallets have enough protection from brute force. But people neglect simple rules and as result wallet hacked and funds stolen
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October 13, 2018, 11:53:15 PM
 #388

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.
As one hacker said - there is nothing that cannot be hacked! Therefore, I am unequivocally sure that any wallet does not protect one hundred percent from theft of the contents.
There's nothing can not be hack but cryptocurrency wallet are secured wallet this cannot be hack only If the owner/user are more careful and avoid things which may expose his computer or wallet information because it the computer or wallet information hack will extract in other for them to hack wallet.

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October 15, 2018, 11:44:29 AM
 #389

Now it is possible. At all able to crack can be all that anywhere. You just have to learn to avoid it. Original passwords and secure places to store them will completely protect your wallets. I think that it is quite solvable problem
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October 15, 2018, 12:11:36 PM
 #390

Any wallet or account where you store your cryptocurrency may be vulnerable. The reason may be your inattention. Security of your assets should be treated with great care. A strong password and 2FA can help you.


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October 15, 2018, 12:59:00 PM
Last edit: October 15, 2018, 04:44:17 PM by edwinBWZ
Merited by firesurfer (2)
 #391

The answer is yes, but hacking like the wallet database was hacked thoroughly and resulted in all users losing all assets very rarely, because most hacked wallets were caused by the user's own negligence. I want to tell you that things like this can happen mostly due to phishing

And what should we pay attention to in avoiding things like this?
1. Always check the website wallet domain if you use a web-based wallet, because even a small difference can be a problem if we don't go to the right link, so don't be easy to believe in clicking on a link shared by an unknown person, because they might trap you. If you want to keep using a wallet like this, don't forget to always activate Two Factor Authentication.
2. If you want to really avoid this, then try not to use a web-based wallet. Using wallet software that must be installed on your own computer is much safer. But don't forget to backup your data to avoid the occurrence of lost data.
More info about this you can visit this link to know more what should you do
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October 15, 2018, 01:45:28 PM
 #392

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.

A lot of wallets have already been hacked and millions of dollars have been stolen because of the hacks. But this is easy to avoid if you keep passwords in safe places and all the money to distribute to different wallets and exchanges
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October 15, 2018, 01:52:36 PM
 #393

all wallets have the potential to be hacked because all wallets have a vulnerable system which makes hackers can hack wallets.  I myself prevented my wallet in order to avoid hacked. I always keep the wallet's original website because there are many fake websites out there

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October 15, 2018, 02:42:49 PM
 #394

The hacking of crypto money wallets depends on your behavior. If your computer is infected with viruses and private files are stored on your computer, crypto money is played. Store the key and passwords in another memory.
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October 15, 2018, 05:29:21 PM
 #395

Of course, this is a normal situation today, because today many projects that developed wallets today say that many hackers find vulnerabilities, this is normal, because the projects are completely new.
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October 15, 2018, 11:22:04 PM
 #396

I think hacking is possible only with your hand. On the part of the site or the developers is less possible.
Remember – you are the weakest part of any system.
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October 15, 2018, 11:35:59 PM
 #397

yes,wallet can be hacked if the user is not utilising it with great care, and provide easy access to the private key,and passwords.

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October 15, 2018, 11:49:48 PM
 #398

Be careful! Do not let the hacking situation happen. This is very dangerous, the criminals will steal all the money you store in your wallet. Hacking wallets will help them open passwords and steal our assets. E-wallet is very important, choose the safe way. Do not put your money in someone else's wallet.
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October 15, 2018, 11:51:21 PM
 #399

Yes, over the years we have seen so much of wallet hacking, it may come from phishing to key logging to many other possible ways of hack. Being in crypto you are the sole responsible for your funds stored in your wallet, if lost, no one can help you.
It is very important to safeguard yourself from wallet hacking.
My best suggestion, buy a hardware wallet.
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October 15, 2018, 11:55:35 PM
 #400

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.
As far as I know as long as you are connected on the internet your wallet can hack specially if you click some phishing site that can get all your details make sure that all the links that you click is the true link and not just a hacking site so beware and add more security on your wallet to prevent this kind of hacking and don't give any information or just like don't give email that it was connected on your wallet.
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