You must understand how wallet security might be breached in order to prevent hackers from gaining access to your crypto holdings.
Using a public Wi-Fi or unprotected internet to answer inquiries like “can your crypto wallet be hacked?” is one of the ways you can allow a hacker access to your device.
When you use the same password for multiple websites or sites, hackers may find it very easy to guess your password and gain access to your crypto wallet.
Someone can simply access your crypto wallet and move your coins to another if your computer, which could be a PC or a mobile device, is not secured.
Understanding how wallet security is compromised can assist you in implementing some crypto security best practices to keep hackers out of your wallet.
Hackers can intercept the 2FA verification process and use it to gain access to your crypto wallet by wiretapping or cloning the SIM card.
It is relatively easy for someone who has your crypto wallet’s secret keys to gain access to your wallet.