Oyimeelijah
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November 28, 2019, 11:27:12 AM |
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if I've created account/wallet on coinbase or any other exchange then my account is hacked and my coins/money lost who are responsible for it The Exchange where I've created account is it my mistake what's you thought about it and how i make my account safe there several instances to note here, was your account hacked alone or was the exchange hacked? if the exchange was hacked then it is of no fault of yours but if it was only your account that was affected then you must have compromised your login details which lead to the hack. things you need to do to avoid been hacked is for you not to visit phsing sites, don't use the same password for exchange and airdrop/bounty programs. avoid using same password for your email and exchange accounts and my last advice is for you to enable 2Factor Authentication in all your exchange accounts even when you don't have funds in there.
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truckythin
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November 28, 2019, 12:33:13 PM |
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General Exchange hacking, the exchange will be held responsible while individual hacking, you are responsible. That is why you should increase the security of your assets by adding 2FA and don't clicks links you do not know.
If our account is hacked, of course the exchange does not want to be held responsible for certain errors of the individual, but if the exchange is hacked, of course the exchange party will be responsible, both for matters 2fa is very important where the security of our account will be guaranteed security because the key holder is only in us, and don't forget to also provide a PIN code when we make a transaction so that security can multiply. Account security is indeed a priority of the user, if hacking occurs and it is proven that the user is wrong then the exchange will not be responsible, except for the exchange error then you will get your money back. and for wallets like MEW you have a big responsibility for funds because no one can help if hacking occurs we could separate two case in hacking. User account hacking which is their self responsibilities , and exchanges will not replace user losses.. Meanwhile if exchange hacking which is make users balance account null, they have to refund it. Many exchange could not refund their customer money and finally closed operation and will need long time and much process to recover our fund. The conclusion here is that even top-tier exchange is not the safest place to store your assets if you are only a holder. It's better to use a hardware wallet for the safe storage. Especially, if you have a huge amount of various cryptocurrencies.
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miklesm
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November 28, 2019, 12:41:14 PM |
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Actually, it depends on the way of hack - if you held crypto on the cryptocurrency Exchange which was hacked, it is not your fault unless it was unpopular Exchange. But if entered your private key on a phishing website, it was your responsibility to keep your key in a safe place.
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salty
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November 28, 2019, 08:21:46 PM |
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Is hacker fault 90%, 8% your fault because not take all measures to secure account and connect to it only from self place and 2% exchange fault because let hacker login from new IP if this happened when hack occured.
It seems to me that 30% of the people, 40% of the exchange and 30% of the antivirus, which leaked information, are to blame.
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Chuky92
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November 28, 2019, 10:12:29 PM |
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if I've created account/wallet on coinbase or any other exchange then my account is hacked and my coins/money lost who are responsible for it The Exchange where I've created account is it my mistake what's you thought about it and how i make my account safe This depends on how the hack tool place. If the hack takes place in the exchange affecting many users, then it's the exchanges fault and not yours. It has been proven many times that these exchanges aren't safe thus saving funds on exchanges isn't a good idea. Then on the other hand, if you visit a phishing website or didn't secure your details well and your details gets stolen thus you get hacked, you are to blame. The best way to secure yourself is save funds outside exchanges. Set up 2fa security. Also, visit CMC, search your desired exchange, access and login from there.
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TastyChillySauce00
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November 28, 2019, 10:21:33 PM |
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Yes, exactly, I will for sure blame the exchange too, although they keep saying that it will not be their responsibility and that we should not leave our tokens/coins in their exchange, still if they do have a good reputation, they still need to make sure that they have secured the safety of their users and not just blaming people for leaving their assets there, as there's a lot of traders that trusted them.
exchange is to blame only if the hacker could get through their hot wallet or cold storage where all of their cryptos are saved and if that happen and the exchange is not offering reimbursement then they are as good as scamming. But, if it is only your account that got hacked, you are deifnitely to take the blame because that means it's your own fault and not the exchange's because the responsibility of keeping the account safe by enabling any security measures and keeping the important information is all your responsible as a user.
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Fatimahcrypto
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December 01, 2019, 12:29:49 PM |
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When there's a hacked wallet, in most cases its usually due to the carelessness of the owner of the wallet. I remember my XLM wallet was hacked and my tokens withdrawn. The hacker had access to my account because there was no 2FA on the account. I only used a password which wasn't strong enough and must have been easily guessed.
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tianglistrik
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December 01, 2019, 12:35:09 PM |
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I think if something happens with my wallet, then no one can be responsible with it. I hold my wallet in private, therefore I also have to take great responsibility in its security. and if your funds are in an exchange wallet you might get responsibility, if mistakes are made by the exchange
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gedarchitect
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January 06, 2020, 09:17:34 PM |
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If your own wallet was hacked then it is as a result of your own carelessness. But if its an exchange or crypto market then you can put the blame on such exchange for not been able to provide utmost security to your funds.
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btcmurat
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January 06, 2020, 10:13:25 PM |
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Exchange system can be hacked. In this case, they have to cover your damage. However, they cannot do anything for problems caused by your carelessness. Long-term investments should not be kept in Exchange.
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Adreman23
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January 06, 2020, 11:14:53 PM |
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Bad actors are everywhere, even in banks your money are not guaranteed safe because there is possibilities to steal your money by bank robberies. What i mean is we need to take the risks if we want to use the services of one platform, the only one thing we can do is to choose the one we think the best, trusted, and most secured exchange.
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Rodeo02
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January 07, 2020, 12:56:42 AM |
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If your own wallet was hacked then it is as a result of your own carelessness. But if its an exchange or crypto market then you can put the blame on such exchange for not been able to provide utmost security to your funds.
you cant blame exchange its depend on the situation for example you are victim of phising. Then its your fault without adding any security of your account. But if the exchange has been hacked and many users has been victim then thats exchange fault.
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devillnj2.1
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January 07, 2020, 01:26:11 AM |
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Of course its your fault, every platform have security system they made it to keep each account safe but its not automatic you need to set it up, most popular is 2FA, where in you need to download third party application like google authenticator, you just need to enable the 2FA, but other system have email verification and sms verification. i always enable those security to protect my account.
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salad daging
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January 07, 2020, 03:56:23 AM |
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If your own wallet was hacked then it is as a result of your own carelessness. But if its an exchange or crypto market then you can put the blame on such exchange for not been able to provide utmost security to your funds.
you cant blame exchange its depend on the situation for example you are victim of phising. Then its your fault without adding any security of your account. But if the exchange has been hacked and many users has been victim then thats exchange fault. in the case of users, some matters relating to phishing url exchange, email hacking, 2fa and everything that has become an important user procedure are the responsibility of the individual. while the hacking case in the exchange system is the responsibility of the company, and it is certain that they will return all assets through circulation from their cold wallet, not all exchanges are responsible and we must be wise to choose a trusted exchange.
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lousie9
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January 07, 2020, 04:28:14 AM |
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and how i make my account safe Of course all the errors are inside you because you can't save your account or enter the wrong address when you want to get into your wallet so hackers can get your data when you log in, of course with that incident then you are more careful in logging into your browser or cellphone and the most important thing is to never forget to do a second protection such as verification of cellphone number or second security from Google so that you can minimize your account from hacking.
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Surrapatt
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January 07, 2020, 04:55:05 AM |
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If your own wallet was hacked then it is as a result of your own carelessness. But if its an exchange or crypto market then you can put the blame on such exchange for not been able to provide utmost security to your funds.
True, if we are not careless in guarding our wallets, then the one to blame is the exchange party, and we must hold them accountable so that our funds can be returned to normal.
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pragna
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January 07, 2020, 07:21:10 AM |
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if I've created account/wallet on coinbase or any other exchange then my account is hacked and my coins/money lost who are responsible for it The Exchange where I've created account is it my mistake what's you thought about it and how i make my account safe Actually good and bad people are every where so anytime your account may be hacked. But it is so taff to hack your wallet if you do not give your personal key or hacked your personal key. you have to all attempts to secure your account and if you do not do this you are responsible for your account hacking.
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gielbier
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Making Smart Money Work
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January 07, 2020, 09:36:08 AM |
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If your own wallet was hacked then it is as a result of your own carelessness. But if its an exchange or crypto market then you can put the blame on such exchange for not been able to provide utmost security to your funds.
Maybe you've heard "not your key not your funds", so it's not entirely an exchange error because I know they are also trying to keep their customers funds safe from hacker attacks. It's better to keep in a personal wallet.
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iv4n
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January 07, 2020, 10:39:29 AM |
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If your own wallet was hacked then it is as a result of your own carelessness. But if its an exchange or crypto market then you can put the blame on such exchange for not been able to provide utmost security to your funds.
Maybe you've heard "not your key not your funds", so it's not entirely an exchange error because I know they are also trying to keep their customers funds safe from hacker attacks. It's better to keep in a personal wallet. If you have money somewhere, it doesn't have to be exchange, you need to have strong password, 2FA, and what ever else that exchange offers. If they don't offer a proper security, just find a one that does. In my opinion I always blame myself, I always think that I should know better. In the end line, if you don't have keys you don't own your funds, it's true, there's nothing safer than your wallet, but when it comes to using your funds spending a little time in reading about security of the service you plan to use is advisable.
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o.ogurlu
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January 07, 2020, 11:00:05 AM |
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Unfortunately, you are responsible for this incident. It is your responsibility to protect the security of your own account. That's why we can't hold the exchange responsible for this.
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