Post
Topic
Board Economics
Re: Cryptocurrency wallets: Can they be hacked??
by
Twentyonepaylots
on 11/07/2018, 22:41:13 UTC
Any wallet is vulnerable to hacks, because there are several angles of attack. A hacker might not even have to exploit the

wallet software or code. They can use the "Man in the Middle" attack strategy where they intercept the data before it is

send to the wallet or they can use a Phishing strategy where they re-direct you to their fake site or wallet software. They can

even install Malware on your computer to capture all the data that you enter to re-use it on another computer. They can steal

your seed when you create the wallet or grab your private key, when you use the wrong method to create Paper wallets for

cold storage.  Roll Eyes

 Yes, it can be hack. There are a lot of reports about crypto hacking, just last month, there was a hacking incident in Korea,million of crypto were gone in a tin air, anything online is always at risk for any possible hacking. Be safe , secure crypto wallet, never leave your password to anyone.