The myth of cold wallet security shattered? $6.9 million in assets stolen, warning of new risks in the crypto world.

CN
3 hours ago

The cryptocurrency world has once again been shaken by shocking news: an investor's digital assets worth approximately 50 million RMB (about 6.9 million USD) vanished overnight after purchasing a cold wallet. This incident quickly sparked widespread discussion online and was confirmed as a real case by a blockchain security company. It inevitably prompts a critical question: Is a cold wallet truly the safest way to store cryptocurrency assets? How can ordinary users protect their digital wealth in this trap-filled crypto world?

  1. Behind the Tragedy: The Tampered "Cold Wallet" and Wealth Accumulation Outpacing Security Awareness

The core reason for this heartbreaking incident lies in the fact that the "cold wallet" purchased by the investor was a tampered third-party device that had been implanted with a backdoor before delivery. When the investor transferred a substantial amount of assets into it, they were essentially handing over their private keys to the attacker.

Many may wonder why an investor with such a large amount of assets would make such a basic security mistake. The reality is that in the cryptocurrency field, the phenomenon of "wealth growth outpacing security awareness" is very common. Many early investors accumulated vast wealth due to the skyrocketing prices of cryptocurrencies like Bitcoin, but their security habits and technical understanding did not improve in tandem. When they chose hardware wallets for "greater security," they often overlooked the most basic security verifications, purchasing through unofficial channels, ultimately leading to disaster.

  1. Cold Wallets Are Not Absolutely Safe: An In-Depth Analysis of Their Risk Points

Many people equate "cold wallets" with "absolute safety," but the truth is otherwise. There are both genuine and fake cold wallets, with varying degrees of "coldness," and their security highly depends on correct usage practices.

Therefore, true security lies in: purchasing only through official channels, initializing the wallet yourself, and generating recovery phrases completely offline.

  1. How to Truly Protect Cryptocurrency Assets: Follow Security Guidelines

Regardless of which wallet is used, the following security rules are crucial:

Conclusion:

Cold wallets are not a panacea, nor are they infallible. The incident of the 6.9 million USD asset theft serves as a wake-up call: in the crypto world, true defense comes from your own security awareness, habits, and respect for risks. Integrating security awareness into your financial strategy, rather than relying on post-factum remedies, is essential to safeguarding your assets and ensuring long-term survival in this wave of digital wealth filled with opportunities and challenges.

Related: Crypto users lose 6.9 million USD due to cold wallets purchased on Douyin

Original: “Cold Wallet Security Myth Shattered? 6.9 Million USD Assets Stolen, Warning of New Risks in the Crypto World”

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Bybit: $50注册体验金,$30,000储值体验金
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink