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Author Topic: Does exposed wallet addresses carries any possible risks?  (Read 433 times)
cryptoaddictchie
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Today at 06:23:12 PM
 #41

The question in mind is if your address is know to hold $7000 worth of Bitcoin and alternative coins is there is possible dangers that I should be on the lookout for?

Does wallet addresses alone carries some risks when they aren't empty and exposed this way?
Even its $1million or $7000 the risk of being monitored  by potential scammers are there. Anyone can see it publicly do theres always risk. But that alone becomes a risk if youre not careful enough to avoid such potential rist at hand. What are those? Since your wallet got exposed expect some phishing coming your way or any sort of luring method that you might carelessly overlook. Like a dusting method 4specially those figures im your wallet looks juicy to scammers.

But if youre careful and aware of these tactics. Youre safe 100% from risk!
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Today at 06:28:39 PM
 #42

Don't worry about this because I know the original email address of cryptorank and even if scammers get access to the original email account I am not clicking on any links.

If they ask for any sensitive information I will know that their email.accounnt is compromised, the question that needs answer is what could happened to the exposed wallet address.



It's good that you know that, as it means you understand the risks of having your email exposed. As for your wallet address, it shouldn't be in such danger that you need to worry.
The only thing you need to be careful about is your email, as hackers already have your address and could attempt phishing attacks or gain access to your email. It's best to take extra precautions with your email.

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promise444c5
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Today at 06:41:11 PM
 #43

Nothing!

The address is own by the exchange.
I don't see the OP stating that the address entered into his portfolio table is an exchange address; did I miss it? If I'm not mistaken, when a user adds an exchange portfolio, they don't need to input a specific wallet address (I believe I've tried an app like this before).
Haha… that’s true Grin .

Misunderstood OP because I only glanced through the main post.. you will notice both first and second post was basically about exchange, yeah that’s on me . Will try to modify my statements .

If a scammer knows that an email is linked to an address holding $7k worth of Bitcoin and considers that amount significant, they might attempt various phishing attacks. These could involve varying scenarios and timing, as they would also need to guess which wallet app you use in order to convincingly pose as an official representative.
Yes.. that’s right in such case, all they can do is phishing attack+ social engineering.
Basically adding a guess work  for their social engineering experiments.

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Today at 06:55:25 PM
 #44

Since it's "watch only", there is no need to fear, but if the email is one you use for other sensitive matters, then I would suggest you change the email in places where you can be compromised. As other users have already said, exposing your address is not a problem, but the email can be used to send phishing links. It would be best if you could change the email to something else, if possible. At least things that can be compromised. 
You can actually still use the email even though you would be getting phishing emails. As long as you don't click the emails and share sensitive details, then no problem, but if you want to be more secure, you can change the email.

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Today at 06:57:03 PM
 #45

Don't worry about this because I know the original email address of cryptorank and even if scammers get access to the original email account I am not clicking on any links.

If they ask for any sensitive information I will know that their email.accounnt is compromised, the question that needs answer is what could happened to the exposed wallet address.



It's good that you know that, as it means you understand the risks of having your email exposed. As for your wallet address, it shouldn't be in such danger that you need to worry.
The only thing you need to be careful about is your email, as hackers already have your address and could attempt phishing attacks or gain access to your email. It's best to take extra precautions with your email.
Op was busy feeling concerned over his wallet address when the main threat he should be concerned about is his email address. The moment I read the op, I just understood immediately that this email may have been sent to cause panic and make the owner of the email to either click on links or act on the information sent to him without thinking twice. Now op understands better what he should be very careful of; he should reduce the exposure of his personal details. If his bitcoins are still intact by now, then it is obvious that was one scam attempt by scammers to put him understand panic mode.

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Today at 07:19:44 PM
 #46

Since it's "watch only", there is no need to fear, but if the email is one you use for other sensitive matters, then I would suggest you change the email in places where you can be compromised. As other users have already said, exposing your address is not a problem, but the email can be used to send phishing links. It would be best if you could change the email to something else, if possible. At least things that can be compromised. 
You can actually still use the email even though you would be getting phishing emails. As long as you don't click the emails and share sensitive details, then no problem, but if you want to be more secure, you can change the email.
I don't think he necessarily needs to change the email address linked because once it's exposed, then it's already exposed. Changing the email address to introduce a different email address will only be amplifying the damage caused already because the scammer will now have two of your emails which will also increase your chances of falling to their phishing links that would now be sent to your both emails.

You can disconnect the email address from other of your important areas and only allow it to operate with the exposed address and nothing more.  Addresses are very secured on its own that a person can only watch but no access to the coins in the address. The level of scammers we deal with in this Modern world is alarming and demands extreme carefulness both online and offline. Announcing the amount contained in a wallet as the OP did can even make a scammer more interested in breaking into wallets and will try relentlessly until he succeeds or gets tired of trying.

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Today at 08:30:49 PM
 #47

Don't worry about this because I know the original email address of cryptorank and even if scammers get access to the original email account I am not clicking on any links.

If they ask for any sensitive information I will know that their email.accounnt is compromised, the question that needs answer is what could happened to the exposed wallet address.



It's good that you know that, as it means you understand the risks of having your email exposed. As for your wallet address, it shouldn't be in such danger that you need to worry.
The only thing you need to be careful about is your email, as hackers already have your address and could attempt phishing attacks or gain access to your email. It's best to take extra precautions with your email.
Op was busy feeling concerned over his wallet address when the main threat he should be concerned about is his email address. The moment I read the op, I just understood immediately that this email may have been sent to cause panic and make the owner of the email to either click on links or act on the information sent to him without thinking twice. Now op understands better what he should be very careful of; he should reduce the exposure of his personal details. If his bitcoins are still intact by now, then it is obvious that was one scam attempt by scammers to put him understand panic mode.
More reasons for us to be careful with our personal information and not exposed our data anyhow, and this is also an eye opening for others too, to make consultations before taking decisions especially when it about finance. Had it been the OP lacks the knowledge to figure out instantly that something is wrong somewhere and this mail looks abnormal then he would have fall for this scam no doubts about that. It was just a good news he acted responsibly and not recklessly but now at least now it wasn’t just the OP alone that had the experience but sharing it here gives other users the view of how scammers can approach us in any manner and sometimes it just our respond that decided whether we are getting scammed or not.  

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Today at 10:05:45 PM
 #48

dust attack an address poisoning are the most common threats that people don't know come with exposing your wallet address.
Dust attacks have the purpose of linking Addresses to the same identity.  In the situation described by OP where Addresses are linked to the same identity already, dust attacks are not even necessary any more.  You have the answer as an attacker right in front of you.  In fact.  An even more detailed answer than a dust attack would have given them.  They now know not only your Bitcoin Addresses but also Addresses of other Cryptocurrencies you own.
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Today at 10:37:03 PM
 #49

~snip
Since you know all these, what about those who do not, and are likely to fall victim?

In every mistake, there is a trail for scammers, and if more mistakes are made, it increases the probability of getting approached by scammers.

The aim of privacy is refusing to put ourselves in a state where we become vulnerable to different attacks.
Definitely. Privacy doesn't stop at exposing your address. It goes beyond that. 

The real definition of privacy is to carry out Bitcoin activity without unnecessarily exposing any information that would link who you are and what you have in your possession. The moment he made his email public, that is the moment scammers will try to reach out to him in many ways to scam him. Scammers are looking for the slightest opportunity to identify those who have Bitcoin in their possession.

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Today at 10:59:44 PM
 #50

I don't know the advantage of using this third party website to monitor your portfolio even though you set that up as watch only wallet. I feel it is even risky to expose your wallet that much becaise you may be opening yourself up as a target for phsishing and other forms of attacks.

There is some advantage to your wallet being only watch only as this prevents scammers or hackers from gaining access to your wallet, watch only function being used does not necessarily mean you own the wallet so this can protect you from hackers. There are risk to your address being exposed as you can become a target when your address is hodling a large amount of Bitcoin gets exposed, this defeats the whole purpose of being anonymous and even though nothing can be done to the Bitcoin you are hodling when your address gets exposed but something can be done to you physically and this is more dangerous as you can loose your life. Privacy is very important that is why making use of a wallet that has the multiple address function is important to avoid one address being linked to you as you get to use multiple address for different transactions but your funds aren't scattered in different address and this increases your privacy.

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Today at 11:28:50 PM
 #51

Hmm Moreno, what he said is correct, even the fact of a threat to life, because there has been an immense increase in wrench attacks, if you know what it is!

You will be attacked personally by someone who knows everything about you, they literally explore your life and find everything with the help of data breaches etc. You might have heard about the wrench attacks in France, so that's why CryptopreneurBrainboss said you can even lose your life if the scammers get to know where you live, and everything.

Also, connecting your personal wallet to CryptoRank is an optional feature, not necessary to manage your portfolio. I have never added addresses or attached my wallets for this purpose, because we can simply enter the values like buying price and the token we bought, capital, etc. This will act like a spreadsheet, only with built-in price movement. You can also set these manually in your Google spreadsheet, you have to get the script of the prices of the token, which you can get from CoinMarketCap or CoinGecko. And create your own portfolio management sheet.
I don't know the advantage of using this third party website to monitor your portfolio even though you set that up as watch only wallet. I feel it is even risky to expose your wallet that much becaise you may be opening yourself up as a target for phsishing and other forms of attacks.
Bitcoin you are hodling when your address gets exposed but something can be done to you physically and this is more dangerous as you can loose your life. Privacy is very important that is why making use of a wallet that has the multiple

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