Quote from: Silberman on Today at 01:39:47 AM

Quote from: maybukaspa on August 10, 2022, 04:58:23 AM

Quote from: gurunanakji777 on August 06, 2022, 05:06:23 PM

It's very hurting when we lose funds without making any mistakes. I never move my funds from my hardware wallet unless I want to sell my coins. Here is an investor one should have a Hardware wallet to secure its coins from hackers as I believe hardware wallets are the most secured wallets as compared to other wallets in my opinion. I must say one must have a hardware wallet if he is a holder or regular crypto trader to secure his funds. I hope soon we will come to know what is the cause of hacking and how they make it possible till then we have to wait.

Agree with you mate, this hackers are actually evolving day by day and finding ways how to become more creative about their hacking craft. No one is safe in the crypto space. But what investors can do is be more knowledgeable, be more cautious and always think ahead.

You never know if you were talking to a hacker cause they really mastered social engineering. I hope solana do more about their ecosystem. Become more safer and much more protected.

And that is the problem with hackers, they are always trying to innovate and find ways to get access to your coins and most of the time they are going to be ahead of the developers, this means that we cannot just depend on them in order to protect our coins, we need to do our homework too and if we don't then the chances that eventually we're going to lose our money are incredibly high as sooner or later we will make a mistake and our luck will run out.

The important factor to prevent that is to simply use things that fully in control of ourself. In this case, Slope Wallet is a closed source wallet, so that is a big red flag for our belonging, specifically in cryptocurrency.

If we taking a bigger look, this kind of case is indeed a tricky one since it involves internal entity from the developer of the wallet, but generally, way of hacking hasn't been much any innovation, we are keep getting the same way of hack get repeated.