Security cryptocell. How not to lose their money?

Date:

2018-11-23 21:15:12

Views:

3211

Rating:

1Like 0Dislike

Share:

Security cryptocell. How not to lose their money? Source:

Many users naively believe that since they're dealing with cryptocurrencies, it gives them complete anonymity and their funds protected. In fact, the owners of cryptocurrencies immediately become a target for attackers. Phishing, hacking cryptocurrency exchanges, social engineering — why not just resorted to in order to get access to your precious coins. Today will talk about some aspects of security cryptocell and how to protect your coins.

the

My wallet got hacked. Help!

If it already happened, nothing can be done.

Imagine you go into the wallet and see that all the coins disappeared after a few transactions to unfamiliar addresses. Most likely you have been hacked.

Due to the anonymous nature of cryptocurrencies, the "owner" is the one who owns the code. Therefore, if the coins disappeared, in most of the cases . You can track the address of the last wallet, but it will do nothing. Notify the company – perhaps, you are not alone and check the security of your smartphone or tablet for the presence of significant gaps.

If you and this exchange has been hacked, there is a possibility to get some compensation. But the best way to protect your wallet is to know about possible threats and to use it properly.

How is that possible? How hackers can steal a crypt?

Hackers use simple human weaknesses.

The Most popular type of fraud . Hackers may send you a fake letter on behalf of developer purse from a fake link to one or two letters different from the real address of a purse. Or hackers can forward you the correct link to the fake web, when you enter the online wallet. The last major phishing Scam happened April 24, 2018 with users .

In Addition to phishing, hackers use common human error-type storage of private keys in mail, publications, keys in public access and use of insecure public networks. This allows hackers to find out all the information and find the password. Large amounts of tokens and large transactions can attract the attention of hackers it is to your wallet.

the

Where am I going to store the keys?

The short answer is offline better than online.

Popular mistake is to store the keys in cryptocell mail, Google Drive, Dropbox or text app on your smartphone. This is the first place where hackers usually attempt to penetrate. To save your coins, you can move the keys somewhere less obvious place. You can record them on a flash drive or write it down on paper and store in a drawer – of course, no one is showing.

the

What if I lose the keys?

All depends on the type of the purse.

For most popular software wallets only need to know the phrase for restoring from 12 words. If you forget your pin, you can simply delete the app, reinstall it, using the phrase to restore and create a new one.

There are purses that provide access not PIN, and through the Touch/Face ID. For example, in the application Lumi you just need to enable Touch/Face ID in the settings. The advantage of apps like Lumi that you need to know is the phrase for recovery. The drawback is that after losing, you will lose access to your wallet. In this case, technology is helpless. The last hope for these unlucky owners of digital currencies .

the

I noticed that my purse at every login creates a new address. Is this normal?

Yes, this is to ensure the safety of your wallet.

This method is called HD-safe, or "hierarchical deterministic". Every time you send or receive funds, your wallet generates a new address. This is a useful option because your transactions harder to trace, and hackers are unable to calculate the exact amount you hold in the wallet. If you need to transfer a large sum of coins, it is better to divide it into multiple transactions.

the

is There an ideal type of purse with the best level of security?

Source: Ethereumworldnews

No. All purses are divided into wallets online and offline, and security mechanisms vary accordingly.

Most of the existing cloud-based online wallet or so called "hot" wallets use two-factor authentication, if hackers get access to your email. "Warm" wallets, which you install as a program or application on a computer or smartphone, using the phrase for the restoration of the 12 words and the PIN. "Cold" wallets and hardware that are on a flash drive or a special gadget. Think this is currently the safest method, but even hardware wallets are not protected from careless handling. Regular updates and careful handling of keys continues to be crucial. Whatever type of wallet you use, you must ensure that your laptop or smartphone there are no malware.

More data to search for .

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...

Hacker 1337. How to hack Etherscan not to cause any harm

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

Non-obvious advantages. The useful mining Bitcoin?

Non-obvious advantages. The useful mining Bitcoin?

the Cost of mining Bitcoin and the amount of electricity consumed often become the main arguments of the opponents of cryptocurrencies. They argue that the maintenance of a modern financial system, taking into account its efficien...

The analysts very soon Bitcoin will return to the level of 5 thousand dollars

The analysts very soon Bitcoin will return to the level of 5 thousand dollars

Advisers about investing in cryptocurrency as always in excess. And after significant investors eager to absorb any information. While many experts argue that now is the time to enter cryptoprotection, there is another opinion. Ac...

A new vulnerability in the smart contracts Ethereum allows you to empty people's wallets

A new vulnerability in the smart contracts Ethereum allows you to empty people's wallets

the Developer under the name Level K said about the existence of the vulnerability Ethereum, which allows the crooks to produce a huge amount GasToken when receiving ETH. Recall GasToken is a smart contract that allows you to toke...

What to expect from altcoins in the next week? Analyze graphs

What to expect from altcoins in the next week? Analyze graphs

How's the market altcoins? Spoiler: very bad. Investors continue to suffer losses, and the coins were falling below key support levels. The only coin that somehow showed itself last week was Stellar. Other cryptocurrencies are loo...

Minus the million: how a hacker was hacking other people's phones and stealing cryptocurrency

Minus the million: how a hacker was hacking other people's phones and stealing cryptocurrency

Loss of mobile communication always involves discomfort. However, this can sometimes mean that you have been hacked. October 26, a resident of San Francisco Robert Ross noticed that his phone suddenly lost the signal. In disbelief...

Money here: venture capital investments in the blockchain for 2018 increased by 316 percent

Money here: venture capital investments in the blockchain for 2018 increased by 316 percent

the European venture capital firm Outlier Ventures has prepared a new report called Q3 State of Blockchains. It refers to the activity of venture investors at all stages of financing. For example, for the third quarter of 2018 acc...

The whole truth about the fork: Bitcoin better than Cash for Bitcoin?

The whole truth about the fork: Bitcoin better than Cash for Bitcoin?

did you Know that Bitcoin Cash came from the Bitcoin? That's right — the nodes of the Bitcoin Cash was once part of the blockchain the Bitcoin. Bitcoin Cash (BCH) is a fork (fork, fork) of Bitcoin. They are often confused, which i...

Mining giant Giga Watt — bankrupt. The company kicked out of Washington

Mining giant Giga Watt — bankrupt. The company kicked out of Washington

November 19, one of the largest American mining and blockchain companies filed for bankruptcy. The company argued that she «insolvent and unable to repay the debt». According to court documents, Giga Watt owns assets in ...

First to market: Bakkt explained why bet on Bitcoin

First to market: Bakkt explained why bet on Bitcoin

the User Bakkt recognizes the item and suggests a high demand for digital assets among many people. Because of this cryptocurrency was chosen following a trading tool of the site. However, commencement of trading in Bitcoin future...

How exactly Bitcoin will soar to 500 thousand dollars? Forecast Blockstream CEO

How exactly Bitcoin will soar to 500 thousand dollars? Forecast Blockstream CEO

on Tuesday morning Bitcoin its annual low amid the hype about the possibility of a quick surrender. The BTCC co-founder and brother of the Creator of Litecoin, Bobby Lee made some stuffing information via Twitter. Probably Recalli...

The dump continues: ICO drained the last reserves of Ethereum

The dump continues: ICO drained the last reserves of Ethereum

Last year was very fruitful for CryptoStream, because they were able to accumulate a good amount of Ethereum during the fundraiser. Now it's time to get rid of coins to somehow cover the costs of their existence. Some experts are ...

Fiat is better: bitcoin pay 80 percent less than in the beginning of the year

Fiat is better: bitcoin pay 80 percent less than in the beginning of the year

According to analysts Chainanalysis, the use of Bitcoin in commercial activities were seriously affected because of the bear market. Given the steady drop in cryptocurrency, fewer retail outlets and buyers want to use it as means ...

Go to the end: you still believe in Bitcoin for 15 thousand dollars by the end of the year

Go to the end: you still believe in Bitcoin for 15 thousand dollars by the end of the year

Despite the recent draining of the stock market, the most famous cryptowall with wall street you still believe in Bitcoin for 15 thousand dollars. And do not ever, but strictly by the end of this year, that is almost 40 days. He s...

Analyze graphs: when Ethereum will regain second place on Coinmarketcap?

Analyze graphs: when Ethereum will regain second place on Coinmarketcap?

the Price of Ethereum once again come to the key support level. Only now he's almost a hundred dollars less than a couple of weeks ago. Abroad $ 120 cryptocurrency is waiting for «abyss» — a drop to $ 90 and beyond. To m...

Continue to fall: Bitcoin moving to the level of $ 3,000

Continue to fall: Bitcoin moving to the level of $ 3,000

For the arrival of institutional investors in the industry, we need the green light from financial regulators. Unfortunately, the question of approval of the cryptocurrency ETF postponed indefinitely, and the commencement of tradi...

Who owns the five richest Bitcoin wallets?

Who owns the five richest Bitcoin wallets?

together the five richest addresses at the time of writing become lies 2.75 billion dollars at the rate of BTC at $ 4600. The amount is 3.5 percent of the total number of coins. Not surprisingly, all 5 wallets belong to exchanges,...

Here or tuzanor? Roubini and Weiss fighting again

Here or tuzanor? Roubini and Weiss fighting again

November 16, Nouriel Roubini wrote in Twitter that could gloat about падениz Bitcoin for 10 percent. But according to him, this is just where Bitcoin and the place. The collapse of the stock market spurred a long-standing discord ...

Buying at lower levels: the number of buyers on eToro increased after the fall of Bitcoin

Buying at lower levels: the number of buyers on eToro increased after the fall of Bitcoin

the Latest wave plum like as not frightened off most investors. It turns out that the volume of purchases of the cryptocurrency continues to grow with the fall of Bitcoin prices. This is indicated by the representatives of eToro, ...