Its no longer news that an ICO in Japan has lost over $400 million to hackers. They promised to pay back investors who invested in their ICO. Thsi is a huge loss. After I read that news, I began to wonder. How safe is Bitcoin and Other altcoins? What measures should we take to avoid being hacked ?
Its usually advised that bitcoins or any other crypto coins should never be stored in any of the exchanges as it has higher chances of getting hacked.We earlier saw the collapse of Mt.Gox exchange which was followed by the hacking of some other exchanges.Also,we should never reveal our private keys anywhere.Also,we should not store our private keys in clipboards in our desktops as clipboard hackers could easily hack them.
Yes I believed that hackers are everywhere. In order to protect our cryptocurrency safe, don't be careless about your password you just keep it. Do not put your password in your computer so that it will far from hackers. We must be carefull of such information.