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Author Topic: can wallet to wallet transfer be hack  (Read 298 times)
Apocollapse
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February 22, 2023, 05:38:59 AM
 #21

Which someone you refer? since both Trust wallet and Coinbase wallet are closed sources, there's a chance the developer know your seed phrase and able to backdoor your wallet, but it's just my assumptions.

As long as you're not sharing your seed phrase or any other personal information, your wallet will be safe. But if you hold centralized coin, the developer can able to freeze your coins because they have a control over all of their coins.

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February 22, 2023, 08:44:29 AM
 #22

Sometimes people use various methods to pull cryptocurrencies from wallets. I think main one is regular malwares. They don't need to know your private key(s). They just inject code into your computer through Malware so they can change receiver address to their own. This is why people should check their addresses at least 2-3 times. But if you are sure your transactions are safe noone can interrupt it other than malicious Blockchain projects which are rare anyways.
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February 22, 2023, 09:00:46 PM
 #23

There are certain ways where a transaction can be hacked or hijacked.  There are malware that can change the pasted address  so that is one of the proof that wallet tranfer can be hack or hijack.  The best way to avoid this is to always double check the address that we pasted.  Other than that, I do not think that there is another way of hacking or hijacking a transfer.
For the first one or about the malwares, make sure we already installed a strong anti-virus and then they must always be updated so that they can scan our devices for available malwares and other threats. Yet we must not be confident but we should always make it a practice to re-check the receivers address if it's a correct one or not.

To be able to do this in an efficient way, I check a few characters on the beginning and on the last part of a crypto wallet address. On the second one or about the private keys, make sure we avoid sites or transactions which requires us to paste our private keys because they are obviously a scam. We should also store our private keys offline. Transacting big amount is also fine as long as you know to your self that you are clean and free from illegal transactions in the past.
If anyone out there is still using Windows and they do not want to switch to Linux they need to make sure to download Windows from the official sources and obtain a legitimate license from Microsoft, avoid installing any pirated software and avoid clicking on any suspicious links as this can easily lead you to expose your computer to all kind of dangers, and when it comes to checking the address to which you want to send your coins I think it is not longer enough to check the first and last characters, and instead you should check the whole thing just to be sure you are not sending your coins to the wrong address.
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February 22, 2023, 09:17:49 PM
 #24

There are certain ways where a transaction can be hacked or hijacked.  There are malware that can change the pasted address  so that is one of the proof that wallet tranfer can be hack or hijack.  The best way to avoid this is to always double check the address that we pasted.  Other than that, I do not think that there is another way of hacking or hijacking a transfer.
For the first one or about the malwares, make sure we already installed a strong anti-virus and then they must always be updated so that they can scan our devices for available malwares and other threats. Yet we must not be confident but we should always make it a practice to re-check the receivers address if it's a correct one or not.

To be able to do this in an efficient way, I check a few characters on the beginning and on the last part of a crypto wallet address. On the second one or about the private keys, make sure we avoid sites or transactions which requires us to paste our private keys because they are obviously a scam. We should also store our private keys offline. Transacting big amount is also fine as long as you know to your self that you are clean and free from illegal transactions in the past.
If anyone out there is still using Windows and they do not want to switch to Linux they need to make sure to download Windows from the official sources and obtain a legitimate license from Microsoft, avoid installing any pirated software and avoid clicking on any suspicious links as this can easily lead you to expose your computer to all kind of dangers, and when it comes to checking the address to which you want to send your coins I think it is not longer enough to check the first and last characters, and instead you should check the whole thing just to be sure you are not sending your coins to the wrong address.
There's always a chance of you getting hacked if the windows you are using came from another person or in short p2p. It is common to see people injecting malwares back then on these pirated application and they have a more powerful reason to do and repeat it over and over because they can now gain something now from it. My friend is a victim of this kind of malware attack and he's not careful enough not to check the address he is sending to, He regretted it instantly and format and changed his operating system without a second thought. Hackers are clever but I don't think OP main problem about intercepting an on going transaction can be hacked, There is a much more higher chance of being hacked before and after the transaction.

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February 23, 2023, 06:48:56 AM
 #25

If you are uncertain whether your transaction will reach your Coinbase wallet, it is advisable to test the transfer with a small amount of funds first. Sending $1 to test whether the transfer can be completed smoothly is a better option.
In terms of wallet security, it depends on how clever you are in securing your seed phrase. Wallets can be hacked due to users' negligence in securing their wallet passwords or seeds. For an amount as large as $300k, it is recommended to use a hardware wallet for better security.



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February 25, 2023, 09:46:51 PM
 #26

If anyone out there is still using Windows and they do not want to switch to Linux they need to make sure to download Windows from the official sources and obtain a legitimate license from Microsoft, avoid installing any pirated software and avoid clicking on any suspicious links as this can easily lead you to expose your computer to all kind of dangers, and when it comes to checking the address to which you want to send your coins I think it is not longer enough to check the first and last characters, and instead you should check the whole thing just to be sure you are not sending your coins to the wrong address.
There's always a chance of you getting hacked if the windows you are using came from another person or in short p2p. It is common to see people injecting malwares back then on these pirated application and they have a more powerful reason to do and repeat it over and over because they can now gain something now from it. My friend is a victim of this kind of malware attack and he's not careful enough not to check the address he is sending to, He regretted it instantly and format and changed his operating system without a second thought. Hackers are clever but I don't think OP main problem about intercepting an on going transaction can be hacked, There is a much more higher chance of being hacked before and after the transaction.
Even before bitcoin was created there was already a large problem with Windows been full of viruses, trojans and keyloggers, but since then this problem has increased dramatically as now hackers know they not only can steal your coins but that most likely they are never going to get caught as long as they are careful about it, so in my opinion anyone that is holding a large amount of money in cryptocurrencies needs to use Linux, at least when it comes to the OS in which their wallet is installed.
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February 26, 2023, 03:31:46 AM
 #27

From my perspective, it's not possible for wallet to wallet transfers to be hacked. For anyone to gain access to your wallet, they need your seed phrase or mnemonic keys. The only way something of such could happen is if your device has been compromised by malware, that has the tendency of changing the address copied to a different one without your notice.
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March 03, 2023, 07:51:35 AM
 #28

thank you all answering and i have better understanding as i don't want to make any expensive mistake.

i have a final question; i did some research and came up with fake btc transactions;

so if i receive 1BTC to my Trust wallet, and verify that transaction through blockchain explorer, and have at least 3 confirmation;
is that btc balance and or transaction on the blockchain can be faked?
is it possible to send some other shit-coin to my btc wallet and appear as a BTC but it is not transferable or usable
thank you
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March 03, 2023, 10:03:15 AM
 #29

this is what i am talking about
https://www.youtube.com/watch?v=8-ygzLXShkg

i was scared to download the sw as many sw are might be infected with the virus, also i don't believe the youtube comments also;
but is this possible?

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March 04, 2023, 10:26:19 AM
 #30

any comment on this greatly appreciated
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March 04, 2023, 08:15:17 PM
 #31

As long as you do not share your private keys or seed phrases with anyone, it is highly unlikely that someone can steal, hack, or freeze your cryptocurrency assets during or after the transaction.
If someone knows your wallet addresses and the time of the transaction, they can see the transaction on the blockchain, but they cannot do anything to alter or stop it.

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