Watch This “Hacker” Pickpocket a Bitcoin Wallet in Less Than 3 Minutes

in bitcoin •  7 years ago 

Identity theft always feels like someone else’s problem until it happens to you. Offline backups, firewalls, and anti-virus software hardly feel necessary until you’re the one on the phone with your bank trying to explain that it wasn’t you that bought $150 worth gas, $500 worth of BestBuy gift cards, and $1000 worth of lottery tickets. Imagine how much worse it would be if your bank was merely a digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly. Well, now you can!

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OK. So how do we stop it? Two-factor authentication didn't seem to slow the hacker down. I have a bio password on my wallet, but still, it doesn't seem very safe. Our accounts are only as safe as the weakest protection we put into any of the accounts touching our crypto!

Omg it is seems like as easy as we learn Alphabets.

Wow, it's insane how easy they had made it look. I'm trying this out on myself now.