Quote from: Lion_ashy on July 30, 2018, 02:12:00 PM

Quote from: Remaka on January 29, 2018, 02:21:27 PM

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 ?

To me I don't see it has top notch hacking. Taking a background entry inside exchanges, hacking coins on exchanges using someone's gmails, also jacking people wallet with private keys. To me I feel like all these acts ain't hacking. Where am from Hackers don't really key they device there own key. But making use of private keys or using peopled's gmail to gain access to exchanges isn't really hacking I feel like its once act of carelessness or exchanges act of carelessness. Such transactions always have an insider like an admin for the exchange betraying the whole firm. And the issue of wallets being hacked, watch ur back. It's ur best friend or a neighbor...trust me that person has access to you. A strange person can't just hack ur wallet. Or the issue of airdrops. Airdrop requesting for passwords also use that method to hack people's mail. For people using the same password thereby making them vulnerable. This is what I know. Cryptocurrency is still very safe.

In addition to this. The act of phishing isn't really hacking. There are over 250000 hackers. Nobody has been able to hack a single wallet. Crypto is not joke. There was a man that misplace his private key with thousand bitcoin said he was gonna pay huge to anyone that can hack the wallet. The probability and combination of a private key is just infinity. 😂