Cryptocurrencies are slowly becoming a popular investment, while also being a target for hackers. Because even if it is carefully stored and stored, like in a hardware wallet, even a small mistake can cause an investor to lose all his assets.
The story shared on the Reddit forum recently has attracted a lot of attention from the crypto community. A Reddit user who goes by the nickname PowerofTheGods said that he has been investing in cryptocurrencies since 2016. He has kept his assets in the Ledger Nano S hardware wallet, which is said to be a very popular cryptocurrency storage wallet.
But when checking its assets last December, PowerofTheGods found no more cryptocurrency. All of them were lost, with the current value of around $120,000.
No one thought that storing cryptocurrencies in hardware wallets could still be stolen by hackers. Because the only way to access this wallet is to have a security code that is a sequence of numbers known only to the owner.
PowerofTheGods said he recorded this sequence of numbers on paper and kept it in a safe. There is no other copy on your computer, smartphone, or anywhere else. Therefore, it is impossible for hackers to steal this security number.
His only fault was that he once clicked on a strange link and caused the computer to become infected with a trojan. PowerofTheGods also owns 4 Metamask soft wallets, but only owns about 20% of assets. These four software wallets were also stolen by hackers.
There is currently a lot of controversy on the Reddit forums. Some people think that it is impossible for hackers to steal cryptocurrencies from hardware wallets, others say that nothing is safe in this digital age.
One thing that everyone agrees on is that it is not clear how hackers stole cryptocurrencies inside the Ledger Nano S hardware wallet. Hardware wallets are also considered the safest place to store Bitcoin and cryptocurrencies today. However, the PowerofTheGods incident has made all crypto investors rethink.