How to store cryptocurrency, keeping it and yourself safe (Bitcoin mixer)

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Cryptocurrencies have changed many areas of the economy. This unfortunately includes the criminal circle. Thieves have a new field of activity – hacking Bitcoin wallets. The amount of stolen Bitcoin is already measured in hundreds of millions of dollars, and large crypto exchanges, miners and ordinary users have become victims of attackers.

In order to use Bitcoin, you will need to create a cryptocurrency wallet. You will store your savings in it, as well as buy and sell cryptocurrency, and make transactions. It’s task is to store the secret key of your account and provide a convenient interface for interacting with cryptocurrencies.

The advantage of a web wallet is that it is available to you at any time from any device. Therefore, it does not matter to your which device you use – you can always manage your savings. This is of course very convenient, but when choosing a place for storing cryptocurrency savings, we must pay special attention to security and reliability. 

These requirements impose their own restrictions on the choice, since most wallets or exchanges cannot provide the required reliability. At the same time, even the most secure cold hardware wallets can be compromised.

Cryptocurrency exchanges, in turn, are the most unreliable way of long-term storage of savings, since in fact, you simply give your money to a third party for safekeeping without any obligations. 

There are many cases in history when management of the exchange disappeared with users’ money. When the exchange stopped working, users were left with nothing.

The most unsafe crypto storages 

But the main threat of crypto exchanges is that they are of great interest to cybercriminals and become targets of hacker attacks. Stories already know many examples when large crypto-exchanges and ordinary people remained robbed. 

Hackers have long developed a set of actions aimed at finding a password to a Bitcoin wallet through special programs, searching for vulnerabilities or gullible users.

So, the crypto exchange Bitpoint was cracked by unknown hackers who managed to steal $ 32 million, and about $ 23 million of the money belonged to the exchange’s clients. 

After the occasion, the exchange stopped providing all services, including trading and deposits. It is noted that five cryptocurrencies are traded on the Bitpoint exchange – Bitcoin, Bitcoin-cash, Ether, Litecoin and XRP.

Bitpoint discovered the leak when the operator tried to make a payment using the Ripple cryptocurrency, but received an error message. As it turned out later, the online wallet with which the payment was supposed to go through turned out to be empty.

In this case, hackers managed to gain access to the so-called hot wallet, which is connected to the Internet, which means it can become the target of scammers.

This hack is just one of a series of hacks that occur every year. In 2014, the Mt Gox exchange filed for bankruptcy after losing 850,000 Bitcoins. In 2018, Coincheck also suffered from the actions of hackers who stole $ 500 million worth of digital assets. 

At the same time, it is extremely difficult to find an attacker in such cases, since transactions with cryptocurrencies are impersonal, so the digital trail does not lead to a specific person or company.

In spring 2020, the Altsbit cryptocurrency exchange also succumbed to the attack of hackers, who withdrew almost all funds from BTC and other cryptocurrencies.

A small part of the funds that were in cold wallets remained untouched. The scale of the loss is truly enormous as several cryptocurrencies were involved. It is still not clear how the hackers hacked the wallets of the cryptocurrency exchange.

Hacking Bitcoin wallet is possible in 15 minutes

Crypto experts have repeatedly drawn attention to the low security of hot wallets. More recently, the Kraken Security Lab conducted an experiment, as a result of which they hacked the Trezor crypto wallet in 15 minutes. 

Kraken Security Labs employees have repeatedly drawn the attention of the management of absolutely all cryptocurrency exchanges to the need to change equipment to more powerful ones, as well as to improve data protection systems from remote and physical attacks.

None of the world’s cryptocurrency exchanges can be considered completely safe. And if the site uses a hot wallet, that is, an online wallet for storing cryptoassets, then it automatically falls under the gun of hackers who have learned to hack security systems from thousands of kilometers away.

How hackers get your data

In fact, there are many ways to get user data. In 2018, gackers from China hacked into the mobile networks of 10 world operators, gaining access to calls, SMS and users geolocation. Cybereason clarified that hackers received all data from 4G LTE networks, indicating the movements and contacts of people – invaluable information for people and organizations who want to know the daily schedule of a person.

In total, telecommunications companies in more than 30 countries were affected by the cyberattack, while the names of the operators were not specified.

The hackers attacked the US Customs and Border Protection Service and gained access to photographs of citizens and car license plates. According to CNN, the department clarified that one of the contractors of the border service uploaded the data to its network, after which a cyber attack took place.

The department noted that so far the photo has not been found on the network, and the scale of the leak is still being established. The service spokesman added that the attacked base had about 100,000 photos taken at the border crossing with Mexico.

How to secure your cryptocurrency

Your mobile device may be snatched out of your hands. The house computer is naked to many viruses and assaults every day. With on-line wallets you have to trust your savings to the producer of the soft. 

It turns out, even as the brain isn’t always yet at once connected to the internet, our reminiscence is perhaps the most secure area to keep Bitcoins. But remember more than 30 casual symbols of the private key from your Bitcoin wallet is a rather difficult task.

However, you can do otherwise. A cryptocurrency tumbler is a particular method as a useful resource to prevent the ability of Bitcoin tracing to make certain the stealth of your virtual property. 

A crypto blender mixes digital coins of numerous owners, beforehand cleaning sum into elements. This blends the traces of crypto transfer chains, for this reason cutting transfer chains preventing the monitoring of your personality.

Today there are some special sites suggesting the blending of crypto, but not all are friendly to your crypto cash. Many of these websites are useless in clearing digital money from traces of earlier transfers, others are just a fraud.

You should no longer put yourself into an unsightly situation of dropping your crypto cash and rather use shrewd ways. 

One of the maximum reliable cryptocurrency tumbler is BitMix.Biz. Its reliability is confirmed in several anonymity strategies, further to several great evaluations of real clients for numerous years of its operation

The performance of supplying the stealth of your cryptocurrency movements is provided via BitMix.Biz functions of the Bitcoin blender, which includes deferred coin sending, variable service price, computerized deletion of any data about the finished coin cleaning after seventy-two hours and the functionality of instant delete information in manually way once you acquired proof of a success transaction of withdrawal of mixed coins. 

This crypto blender is supported with the aid of Clearnet and variations without a JavaScript and additionally to the described capabilities, the use of the TOR browser, in which the Bitcoin tumbler BitMix.Biz has an address bitmixbizymuphkc.onion. 

The provider also has an comprehensible interface, available in 10 top spread globally languages, which gives associate income and the ability to use the API key to your internet site.

To clean portions no much less than 0.1 BTC 1 Dash or 1 LTC, an extra improved randomization feature is available. 

Moreover, some specialized offerings, which you can examine greater about with the resource of contacting customer service for the BitMix.Biz Bitcoin mixer, keep guarantee deposits of this mixing carrier in the quantity of 15000 bucks, which ensure transaction safety, so here you can very well blend big quantities of crypto property.

Self-belief which you send digital money to an appropriate cope with for mixing you can accumulate thanks to a assure letter with an affirmation key 1BitmixQRMUHYYEi11KBRhSfACa1BtcZrZ

This is proper because of the fact many constantly seeking to reproduction BitMix.Biz, not ensuring the reliability and anonymity of this crypto blender, putting your identification and your money at danger.