Redditor’s hacked Bitcoin is a lesson on the hidden dangers of paper wallets

Redditor’s hacked Bitcoin is a lesson on the hidden dangers of paper wallets

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A Reddit consumer has change into the most fresh instance of why crypto users desires to be more cautious when the usage of wallet mills — after the patron lost about a thousand bucks value of Bitcoin (BTC) from their "stable" paper wallet.

On July 24, a Redditor by the title /jdmcnair posted on the r/Bitcoin subreddit, inquiring for an clarification on how a hacker could were in a scheme to grasp over $3,000 value of Bitcoin from their supposedly stable paper wallet — which used to be even generated on an offline computer.

<em>The Redditor's Bitcoin wallet handle presentations an outgoing transaction of 0.12 BTC. Provide: Blockchain.com</em>

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