Questions tagged [cryptocurrency security]

Valentino Thu May 09 2024 | 7 answers 1337

I've been hearing a lot about hot wallets in the crypto world, but I'm a bit concerned about their security. I've read stories about people losing their coins because their wallets were hacked. So, are hot wallets really hackable? I mean, what kind of vulnerabilities do they have that could make them susceptible to attacks? Is there anything I should be aware of when using a hot wallet? I want to make sure my crypto assets are as safe as possible." The questioner seems genuinely worried about the security of hot wallets and is seeking clarification on their hackability. They express concern about stories they've heard of people losing their coins due to hacks and want to know what vulnerabilities hot wallets might have. They also ask about any specific things they should be aware of when using a hot wallet to ensure the safety of their crypto assets.