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

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A Redditor’s brutal story about losing their entire Bitcoin stash has prompted a blockchain security expert from CertiK to issue a bold warning — think twice about using wallet generators.

over $3,000 worth of Bitcoin from their supposedly secure paper wallet — which was even generated on an offline computer.

“I was doing self-custody, generated my key and printed it on paper on an offline computer, transferred my BTC to this offline wallet, and kept it stored in a safe that only I have the key for,” the user wrote.In an update to his initial post, the Redditor revealed that they used the wallet creation tool walletgenerator.

 

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CertiK In an update to his initial post, the Redditor revealed that they used the wallet creation tool walletgenerator. net to create their wallet’s private keys, which some users highlighted have been infamous for vulnerabilities in the past.

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