3 Ways to Hack Bitcoin

[taufik123]

There are 2 proper ways to steal (not hack) bitcoin:
1. Fool people to either send you their coins either give you their credentials/private key/seed. (Or make an ICO, heh).
2. Force people to give you that (see the 5$ wrench security issue: https://xkcd.com/538/ )

of the 2 ways that you mentioned about the right way to steal but not hack are the most common and widely used ways today. especially those related to ICO, IEO or the like. We know that ICOs, IEOs are ways to raise funds quickly. There are more and more fake ICOs and IEOs with scam projects that can trap everyone. making ICO or IEO is very easy, when you get a lot of money, they scammers will run away with a lot of money.

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[Emitdama]

There are many ways that these hackers can infiltrate your device and steal your coins or even infiltrate a server and steal the coins on that server, but the one that’s mostly known is the email method that’s being used by them; most hackers makes use of this particular method because that’s what is easier for them to make use of, so they go for it. So, if you’re making use of cryptocurrency, and not just cryptocurrency, as long as you have any business to do online, you have to be very careful and be aware of every means that can be used by these hackers to gain access to your device and steal your information or even gain access to your seeds and then cryptocurrency wallet.

Sometimes these hackers can create an application and put it on Google play store or Apple store. Google and Apple do check out for these dark applications, but some of them do slip through their sight and get on the platform and people who are not very careful will go ahead and download these apps, which will give the hackers access to plant malware and steal their information. That’s the same thing with plug-ins that you’re using on your browsers, you have to be careful with the kind of plug-ins you install, best to stay clear from them and only install the ones you’re very sure are good.

[Lucius]

I forgot that this vulnerability could not be fixed in Trezor... Good remembering it.

Luckily, hacking still requires physical access to the device, and I'm sure this attack vector is even quite harmless compared to those users who voluntarily hand over their seed on phishing sites that pretend to be Trezor sites. However, for all those who use this HW, put a strong enough passphrase and hide it in a safe place separate from the seed.

[imran102]

Thank you for this very important post. Through this post we have learned a lot of important information. We hope you will continue to share such important information with us. Through which the whole community will benefit.

[uk1]

Bitcoin Clipper Malware: changes the bitcoin address of the recipient from the original.

[Shasha80]

There should be many ways to hack Bitcoin, not only the 3 ways mentioned in the opening post. Moreover, the occurrence of Bitcoin
being hacked is not because Bitcoin is easily hacked, but because it is the fault of users who are not careful in maintaining it Bitcoin
they own. If we can protect Bitcoin properly, it is very unlikely that Bitcoin will be hacked.

[Reid]

Is this also a form of FUD?
Or this is real FUD?  

I mean, I don't really know where you are getting at.
Is it a warning for hacking prevention (sadly, I didn't see anything on how to prevent it), or is it just to scare off some newbies?

THe first you are not really attacking Bitcoin, but a person..

The easiest explanation out there.
Thank you Sir.

You picked my wallet but the money is still there.
Bitcoin is still there.

[charlesmichel1]

There are only few of all possible ways to steal Bitcoin. For example, you didn't mention scams like Twitter hack and phishing.

[webtricks]

Thank you for this very important post. Through this post we have learned a lot of important information. We hope you will continue to share such important information with us. Through which the whole community will benefit.

Don't make conclusion on every thread before reading replies to the Opening Post. Just go through the replies on the first page and you will find out why this post is utter nonsense. You can't say Bitcoin is hacked when some hackers were able to get the hold of acccounts of some cryptocurrency exchange working on centralized model.

Also, I don't know how OP calculated that $21M figure to perform 51% attack. Don't know if it has anything to do with the supply of bitcoins that OP may have misunderstood.

[arditiyan]

There are currently three ways to steal Bitcoin. First, hackers infect crypto asset exchange servers with special malware via e-mail, websites and popads and infiltrate devices. This happened with the Binance hack last year.
Second, take apart the Bitcoin hardware wallet and get the seed phrase. This has been practiced by Kraken against Trezor.
Third, hacking into the Bitcoin blockchain network itself through “51 Percent Attack”. This third method is considered expensive, but has the potential to get the largest loot than the other two methods. This third method, according to observers, will cost up to US $ 21 million.

only a fool would do this just to hack bitcoin, so once you hack bitcoin and get tracked by the police you will get a new case. So I think this kind of action is not for anyone

[kryptqnick]

There are currently three ways to steal Bitcoin. First, hackers infect crypto asset exchange servers with special malware via e-mail, websites and popads and infiltrate devices. This happened with the Binance hack last year.
Second, take apart the Bitcoin hardware wallet and get the seed phrase. This has been practiced by Kraken against Trezor.
Third, hacking into the Bitcoin blockchain network itself through “51 Percent Attack”. This third method is considered expensive, but has the potential to get the largest loot than the other two methods. This third method, according to observers, will cost up to US $ 21 million.

Stealing Bitcoin is not hacking it, so the name is misleading. The first hack is the hack of the exchange, not of Bitcoin itself. The second is at best about hacking Trezor wallet, but definitely not Bitcoin. And the third is finally about Bitcoin, but I still wouldn't call it a hack. Then again, it's almost impossible to do this, and I'm pretty sure an attempt would cost way more that $21 million. It seems that it's even hard to calculate how much money it would take because with Bitcoin it's probably not possible to get enough mining power. The only one who's probably able to pull it off is Bitmain, but this would destroy the company, so we are relatively safe from that. What would be a hack on Bitcoin is quantum computers being able to decrypt everything (if that ever happens), but we're not close to that either.

[bob123]

1.   Hacking your devices
2.   Sending phishing emails
3.   Installing keyloggers
4.   Downloading fake wallets
5.   Impersonating a company or person
6.   Attacking you with Trojans
7.   Installing browser extensions
8.   Bypassing two-factor authentication
9.   Publishing fake advertisements
10. Messing up your clipboard

Your 10 points can be boiled down to 2:

• Compromised system
• Phishing

Those two points also are the most common reason people do lose BTC (or other sensitive data/information).

And further, there is a difference between cryptocurrencies and digital currencies.
Cryptocurrencies are digital currencies. But not every digital currency is a cryptocurrency. That's an important difference.

[todiefor17]

The article content does not contain too much meaning, apart from the first way out, the following 2 ways who participate in this market also know it.
Do you know how to hack Bitcoin from someone else's wallet address? Don't teach hacked things about this because if they could, they would have done it a long time ago.

[zeingrind777]

there is no way bitcoins can be hacked, unless people are careless about protecting their wallets, somehow I'm still not sure there is a way to hack bitcoins from someone's wallet, as you said there is a market that has been hacked, I am more sure if the insiders do it was not hacked by outsiders

You're right bro, I have long suspected that the ones who steal bitcoins on exchange websites are those who work or have worked at the exchange, so they know the weakness of security on that website. It is impossible if people out there know the weaknesses of security on large websites. Even though there were, it was only 5% of the people in the world.

[Nellayar]

There are 2 proper ways to steal (not hack) bitcoin:
1. Fool people to either send you their coins either give you their credentials/private key/seed. (Or make an ICO, heh).
2. Force people to give you that (see the 5$ wrench security issue: https://xkcd.com/538/ )

of the 2 ways that you mentioned about the right way to steal but not hack are the most common and widely used ways today. especially those related to ICO, IEO or the like. We know that ICOs, IEOs are ways to raise funds quickly. There are more and more fake ICOs and IEOs with scam projects that can trap everyone. making ICO or IEO is very easy, when you get a lot of money, they scammers will run away with a lot of money.

This is the most easiest way to scam people using crypto. I remembered the time when ICO and IEO ran in this industry. Almost all projects were hyped and many of them were sold out. But as the time passed by, scammers made a way to earn using fundraising. Until the time that investors quit in crypto because their capital was gone. Right now, it brought a damage to the entire ecosystem of crypto. Genuine projects were failed because no on wants to risk anymore. If there is, they only give few allocation for their investments.

[tom_trader]

The title of your thread is somehow sketchy, maybe you should change it in to "3 ways on how hacker steal bitcoin",
because your title can be possibly thought as a tutorial to hack a bitcoin.
Just my two cents.

Also if you are exploring the internet, don't click any ads or suspicious link that might bring you to another platform or make you download files from unknown source. Some malware are downloadable and can enter you computer when it disguised as a legit software. So be careful on downloading from any links or websites especially if you have no idea what is it about.

With that, they can track all of you information in your computer to hack your bitcoin so be aware with that.

Yes, indeed it's a kind of a clickbait.
So, even if you have the seed phrase and all BTC is still not 100% safe.

[bitbunnny]

Bitcoin Clipper Malware: changes the bitcoin address of the recipient from the original.

That is interesting way of attack and also seems very dangerous. How it could be discovered and how to avoid address to be changed, that is what I would like to know.

[Twentyonepaylots]

Bitcoin Clipper Malware: changes the bitcoin address of the recipient from the original.

And that's isn't hacking bitcoin, you are just putting malware into someone's computer to generate your own address whenever they copy/paste.
What a possible way to crack bitcoin is having a quantum computer that computes bitcoin certain key in less than a minute, that's breaking the cryptography security and the end of whole cryptocurrency. There are some cases where this has been reported, probably acquired from unknown download sources.

[Cryptoreflector_666]

There are currently three ways to steal Bitcoin. First, hackers infect crypto asset exchange servers with special malware via e-mail, websites and popads and infiltrate devices. This happened with the Binance hack last year.
Second, take apart the Bitcoin hardware wallet and get the seed phrase. This has been practiced by Kraken against Trezor.
Third, hacking into the Bitcoin blockchain network itself through “51 Percent Attack”. This third method is considered expensive, but has the potential to get the largest loot than the other two methods. This third method, according to observers, will cost up to US $ 21 million.

I wonder where such statistics come from, especially regarding the last point. 21 million dollars is not even one percent of the total turnover of money in bitcoins. I.e. it turns out that this method of fraud will not be quite dangerous on a global scale. I think you need to be more afraid of just losing your wallet or forgetting your private key. I have already lost a very large amount of cryptocurrency.

[GeorgeJohn]

There are currently three ways to steal Bitcoin. First, hackers infect crypto asset exchange servers with special malware via e-mail, websites and popads and infiltrate devices. This happened with the Binance hack last year.
Second, take apart the Bitcoin hardware wallet and get the seed phrase. This has been practiced by Kraken against Trezor.
Third, hacking into the Bitcoin blockchain network itself through “51 Percent Attack”. This third method is considered expensive, but has the potential to get the largest loot than the other two methods. This third method, according to observers, will cost up to US $ 21 million.

Hacker have their ways of hacking bitcoin accounts may be the way we taught might know be the way they strategies their plans of hacking account's,so therefore everyone have to be conscious transactions and password to avoid hackers not to penetrate to their account's.