Keep your crypto holdings secure!!!

[Vaskiy]

Hamas is targeting cryptocurrency wallets and Indian business man is already a victim. He had already lost half a million dollar to the cyber wings of Hamas. This had happened two years back and the Police had struggled to find the end users of the Wallets. By the time Israel intelligence agency have given list of suspected wallets. The security agencies of India had identified the stolen funds ended with the Wallets operated by the cyber terrorism wing of Hamas called al Qassam brigades. Though the incident took place long back, we need to be keeping things in a much secure manner.

Hamas steals crypto

[Jawhead999]

The article didn't even pointed out which way the Hamas stole the coins, so how can people learnt?

I think it's not about how he hold his coins, but he's a known businessman and supporting the other competitor, so it means about KYC. This is why you shoudn't link your coins with your personal information, but most people broke this since they're using centralized exchanges.

[un_rank]

Always protect your wallet at all times cause scammers are always trying to find ways to steal the coins there.

Though the incident took place long back, we need to be keeping things in a much secure manner.

It seems very convenient for the media houses to spread such propaganda at this heated times. Bitcoin does not have any connection to the politics going on between the different regions.

- Jay -

[ColdLava40]

Keeping your wallet safe is not something new or a topic to start emphasizing on, we just have to stick to the process of running a continuous reminder just like you did in this post. For sure, hacking has to be part of everything since digitization is attributed to it, but those who expose their keys are very common among us and are likely to fall victim.

[Darker45]

Whether its Hamas or North Korea's Lazarus or a staff of YoBit or Binance, the point is that nobody should be leaving his/her funds to a custodian. Nobody can be trusted. Keep your money under your sole control and ownership.

Especially during these chaotic moments in history, I think people should be urgently advised to withdraw their funds from centralized exchanges. A number of accounts have recently been locked following Israel's response to the attacks of Hamas.

I'm not saying they aren't justified, but no implementation is perfect. Anybody's wallet could be locked together with other suspicious accounts. It's not as if you'd be given a day in court when that happens. Your funds will likely be seized immediately.

[348Judah]

What are their motive?

Scam, anyone who is not being careful will be caught up in their net being attacked, every motive that lead to this kind of experience is a bad one aimed to affect other individuals who have taken their trust in them, you may not know tgis until you fall under their category of prey.

How are they doing it?

They can use any means to attack, they are being dynamic is things related to this fraudulent activities, the best way is to avoid them and avoid any low reputable wallet.

How's it different from other hackers?

The routes of entry for an attack.

As long their method is nothing special keeping your coins in a cold wallet and private key in a secured place can still prevent it.

Non custodial wallets could serves better, choose from the reputable wallet people recognized and uses.

[Odohu]

What are their motive?
How are they doing it?
How's it different from other hackers?
As long their method is nothing special keeping your coins in a cold wallet and private key in a secured place can still prevent it.

These are critical questions the OP failed to address in his post and without those answers, the post is not really doing much help to us in this forum. Assuming we know how they got access to those wallets and perhaps what the owner did or did not do correctly that made his wallet compromised, then we can learn from that to remain protected.

If Hamas goes this direction, I'm afraid his enemies will increase, and I'm sure he does not need that at the moment.

[AprilioMP]

The article didn't even pointed out which way the Hamas stole the coins, so how can people learnt?

I think it's not about how he hold his coins, but he's a known businessman and supporting the other competitor, so it means about KYC. This is why you shoudn't link your coins with your personal information, but most people broke this since they're using centralized exchanges.

Yes, right. The article doesn't explain how they stole it. It's just a claim and is still under investigation.

I think this could be useful for people who live around or in areas close to conflict areas to maintain and protect wallets for storing assets such as bitcoin so that they are not physically destroyed and lost due to the conflict that occurs.

We never know what will happen if wallets containing assets such as bitcoin are not properly secured.

[Nrcewker]

When you are investing a big amount, your main motive should be to hold it securely only. You can’t just hold it in any online or fancy wallet. If the amount that you are holding is big, then you should go for Trezor wallets. These wallets are hardware wallet and are the safest to hold the coins. If you don’t have a big amount and still wanna hold it securely, then electrum is the best wallet. We can’t do anything about the hackers, what we can do is just keeping ourself safe from the attacks.

[tbct_mt2]

Not all people from Arabian or Muslim nations are bad people but entities like terrorism organizations do need money sources for their operations. I am not surprised if a finding is true, not fake and not a borrow reason to make Hamas looks worse.

I think about this news like governments say Bitcoin is a tool for money laundering, it is not true if they don't mention about Bitcoin in a whole picture. When people censor a whole picture to reach their target to attack something, someone or some entities, it is no longer facts.

North Korea has Lazardus to help them hack many cryptocurrency projects, bridges to bring money back to their dictatorship nation and serve their government. They just do similar thing like Hamas through cyber attacks to get money.

[Z390]

There is no quantum computer that can penetrate any crypto wallet security on its own, it always has something to do with the owners, there are ways people give hackers the access to their own wallets, either through phishing links or malicious websites, some people still store their recovery seeds online till today, through cloud storage or even email accounts, bad practices altogether.

Like I just said, crypto wallet users are the ones giving hackers the power over them, people are greedy, people are slack, and that's how they get their wallets compromised, keep your private keys and recovery seeds offline. Avoid any only storages they gets easily hacked by hackers, anything that uses email login with a password is not a safe place for your recovery seed.

Also avoid free things, when it's too good to be true then it means you are the price, if you have to claim free tokens make sure you have a separate wallet for this, I also believe that a hardware wallet is the safest as it requires the hardware wallet to make transaction anyway, they don't cost a fortune.

[michellee]

Maintaining the security of our crypto owners is the duty and responsibility of each investor, regardless of whether there is a cyber attack from Hamas or not. We have to secure it from people who want to steal the crypto we have so we have to really pay attention and activate everything necessary.

And if people have also secured their crypto wallets well, they don't need to worry about attacks or fraud. And they already did it before the news. But they must remain vigilant if there really has been an attack on wallets that need to be properly guarded.

And be careful when using your wallet.

[dzungmobile]

Maintaining the security of our crypto owners is the duty and responsibility of each investor, regardless of whether there is a cyber attack from Hamas or not.

If you store your bitcoin on centralized exchanges, you might be victims of Hamas or any hacker. You don't have private key, don't own your bitcoin and what you can do is hoping centralized exchanges have good security to protect their treasury including your fund.

I am sorry for anyone who lost fund by bad security of centralized exchanges or from scam exits, but they deserve to learn hard lessons.

If they listen to security-wise warnings and recommendations, they would have been safe with their own non custodial wallets.

[ZubairC]

Hamas is targeting cryptocurrency wallets and Indian business man is already a victim. He had already lost half a million dollar to the cyber wings of Hamas. This had happened two years back and the Police had struggled to find the end users of the Wallets. By the time Israel intelligence agency have given list of suspected wallets. The security agencies of India had identified the stolen funds ended with the Wallets operated by the cyber terrorism wing of Hamas called al Qassam brigades. Though the incident took place long back, we need to be keeping things in a much secure manner.

Hamas steals crypto

as your arguments they trying to targeting wallets now my question that. they Targets only those country who involves these clash or all others country and
now what we can do.?

[Rruchi man]

~

It is a personal responsibility to keep your bitcoins safe by yourself, not under the trust of someone, or an exchange. Self custody is risky but it is not something any bitcoin investor will not be able to do if they pay close attention to security tips and updates as they change and are shared on this forum. It is easy to forget the importance and let your guard down at some point when you are hodling, but it is always important to remind yourself that letting your guard down even for one moment can lead to loss and severe regrets.

Guard your bitcoins with the consciousness that loss to criminals is not impossible.

[Solosanz]

as your arguments they trying to targeting wallets now my question that. they Targets only those country who involves these clash or all others country and
now what we can do.?

Migrate to the most peaceful country

Well I don't think that's really a solution, but of course a peace country is better than a country that usually have a conflict.

Using a cold storage is a must because it will decrease the probability of get cyber attack and it's better to increase your privacy level because it will make people will not know who you're.

[BIT-BENDER]

It is a personal responsibility to keep your bitcoins safe by yourself, not under the trust of someone, or an exchange. Self custody is risky but it is not something any bitcoin investor will not be able to do if they pay close attention to security tips and updates as they change and are shared on this forum. It is easy to forget the importance and let your guard down at some point when you are hodling, but it is always important to remind yourself that letting your guard down even for one moment can lead to loss and severe regrets.

Guard your bitcoins with the consciousness that loss to criminals is not impossible.

With the cases of exchange hacks and scams and even some where the exchange extort or embezzle the funds of their customers for their own greedy activities I think it's best to always save your crypto-currency funds yourself.
But it's not all about saving your funds yourself because if done wrongly you have still meet say faith like those who got caught up in exchange financial issues.

Have you own wallet, use a very secured password, additional security with 2FA but still this may not be enough to protect you, using a cold storage wallet helps limit you to the dangers from be online. It's more secured and hardly can be assessed by hackers if you are secure with your devices.

[Gallar]

Hamas is targeting cryptocurrency wallets and Indian business man is already a victim. He had already lost half a million dollar to the cyber wings of Hamas.
~Snip

Although there have been no incidents of Hamas stealing crypto from Indian businessmen. Basically, it has become an obligation, that we as crypto investors must always take good care of the crypto assets we own. Apart from that, Hamas only targets countries that are pro-Israel. So I'm not too worried, because as far as I know the country where I live is more pro-Palestinian. But apart from all that, this incident happened quite a long time ago. So most likely, Hamas has stopped carrying out crypto theft operations. Because currently Hamas can be said to be in a state of chaos because of yesterday's events. So the possibility of Hamas committing crypto theft in my opinion is very small.
But even so, caution and vigilance must continue to be applied. Because apart from Hamas, there are definitely other individuals or individuals who will always try to hack and steal the assets of crypto investors.

Therefore, we must know how to avoid hacking or stealing crypto. And actually the method is quite simple, namely by choosing a non-custodial wallet as a place to store crypto assets. Because by using a non-custodial wallet we will have more freedom in managing the crypto assets we own, and there are no third parties like in Custodian wallets. So it is very likely that crypto assets will be much safer and more controlled.

[ajiz138]

Don't know if the Hamas group hacked the wallet on some platform or where?
Because for me there is no way, they are wallets with their own control especially if they keep it safe,, there is no further clarity and only reports of Delhi businessmen losing crypto.

Now we know hacker attacks on a centralized platform often happen even Mixin Network has lost $200 million due to negligence, so how safe they will not be safe if they store on the platform. I think it's much safer to have a hardware wallet and store it securely with no one else knowing.

[Eternad]

-snip

Probably this indian owner of lost Bitcoin is too gullible to click random link or put his wallet private key on unsecured place. Worst is he is storing funds on CEX while he should be using hardware wallets considering how huge his holdings in crypto.

With Hamas or not threat. Bitcoin holders should really be vigilant with their holdings since  this is the main purpose of being decentralized. We are on our own in securing our assets safety which is a double edge sword when you don’t have any idea on what is the basic security protocol for your crypto assets.