Post
Topic
Board Bitcoin Discussion
Re: How to protect bitcoin and other cryptocurrencies from hackers.
by
pakhitheboss
on 07/03/2020, 19:23:02 UTC
As I was reading news today on cointelegraph, what i read really shocked me. It was about a new trojan. The trojan can affect exchanges apps. The trojan get access to specifically google factor authenticator on devices and steal it. Use the link below for the full details

https://cointelegraph.com/news/threat-alert-new-trojans-targeting-major-crypto-exchanges-apps-discovered

I am new to cryptocurrencies  but I gained a lot from this news. We need to stay connected everyday to read news because cyber criminals are looking for ways to steal our coins.

A week ago, I read about the safest wallets, I found out that the safest are paper wallet and hardware wallet. The wallets are offline but to make a transaction, you have to connect it online. I later read of a malware that can steal cryptocurrencies  from trezor or ledger nano in just 15 seconds which are the best hardware wallets.

So, we need to know how to manage our wallets too and have a strong antivirus to protect us from hackers and also we need to know the latest threats from cyber criminals so that we can protect ourselves away from them.

Just keep it simple! download a cold storage wallet and keep a backup of that wallet so you can get access to your wallet without any issue later on. Always keep the back-up phrases safe somewhere and not in the reach of anyone except you.

Never reveal your private key and never hold your crypto on a an exchange wallet. Always transact indore and never reveal that you earn from cryptocurrency.

Follow and you will be safe.