Since Bitcoin & Cryptocurrencies are doesn’t have a currency type so it can’t be deposited in the bank. Actually, cryptocurrencies are held in a Software that acts as a ‘digital wallets’ which is highly proven to be vulnerable to hackers.
Possible that all Bitcoin transactions are permanent method and this transactions cannot be undone. So, as a business investor, you should aware of your website & wallet security functionalities.
How hackers are stealing cryptocurrency wallet?
Owning a cryptocurrency wallet literally means owning a private password or blockchain Password. To unlock cryptocurrency Wallet address of other traders in order to send them cryptocurrencies like Bitcoins.
cryptocurrency wallet password is a long string of numbers & letters. You may choose to store your blockchain password in a number of places like including printout, hard drive.
In this situation, the bitcoin Hacker just takes help from the inside users at the bitcoin online services or Hacks the server and simply copying traders database of private keys and gain control of the bitcoins at all those traders private addresses.
The clever bitcoin Hacker can now spend all of those Bitcoins wherever he wants!
So, Now you can stop this kind of activities. How??