It’s no secret that Ethereum, the world’s second-largest cryptocurrency by market capitalization, is a major Target for hackers and thieves.
Just last year, over $30 million worth of Ethereum was stolen from Parity wallets, and in 2016, an estimated $55 million worth of ETH was lost to The DAO hack.
So, can someone steal your Ethereum?
The short answer is yes. If you store your ETH in a hot wallet (one that is connected to the internet), then it is possible for someone to hack into your wallet and steal your coins.
However, if you store your ETH in a cold wallet (one that is not connected to the internet), then it is much more difficult for someone to steal your coins.
Of course, even if you store your ETH in a cold wallet, there is still a small chance that someone could steal your private keys or hack into your computer and steal your coins.
The best way to protect your Ethereum (or any cryptocurrency) is to store it in a cold wallet and never share your private keys with anyone.