Topic: Bitcoin Robbery - page 3. (Read 398 times)

I bet that they simply stole her phone and went through the apps, and saw the Blockchain.com app on it. I doubt that they would just randomly ask for crypto wallets unless they know the victim has one.

How did the robber know that she has a blockchain.com wallet or even have BTC?

I wouldn't really think that all the people in your area have BTC which robbers could just randomly rob anyone and ask for blockchain wallet login. They've got to have information which they know that she has bitcoin. This could be a common crime eventually when there is mass adoption. Probably ask for MEW wallet too.

Bitcoin wallet, using a hardware wallet will provide those security measures,
needing a passphrase or series of numbers to access the device, sending a transaction
needs the owner to verify each transaction.

Personal security hasnt changed, we need to be vigilant and try to keep our posessions
secure particularly smartphones as they hold so much information. Broadcasting
ownership of Bitcoin publically IMO is a no-no.

Being able to defend ourselves is important, most thiefs are opportunistic.

It's sad when a highly private digital wallet like cryptocurrency could be "highjack" by thug person like that, consequently as a crypto wallet owner we should not share our crypto's owning to social media or to anything on the internet. Usually new people on crypto who have the wallet with thousand bucks or after got hundreds percent profits from trading futures is feeling like so cool and post their things on their social media and let their friends think they're so cool as the "crypto guy".

Perhaps the best form of security is providing no indication that you own Bitcoin. Tell no one that you have some. Outside of this, there is really no guarantee that you are safe. Use all kinds of encryption; use 2FA, email confirmation, OTP through your mobile phone, finger and retina scanners; use a hardware wallet, and so on and so forth; that does not mean you are 100% safe. If somebody knows you own Bitcoin and you are held at gunpoint, which would you choose, your Bitcoin or your life? Well, perhaps it helps if you are storing your Bitcoin in smaller amounts in different wallets.

This is well known already, it's the $5 wrench attack:



https://xkcd.com/538/

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If you want to know more, here is a list of known bitcoin physical attacks:

https://github.com/jlopp/physical-bitcoin-attacks/blob/master/README.md

So in any case, if you are into bitcoin or crypto in general, don't tell anyone, specially in public places as criminals are roaming around and looking for their next victims.

This website can help you as well: https://cryptosec.info/

It's like two-factor authentication (2FA) for every withdrawal or outgoing transaction in your wallet. I believe that this is already existing in some centralized Bitcoin wallets or crypto wallet providers, even on centralized exchanges that allow you to withdraw your cryptocurrency.
But there are still some decentralized cryptocurrency wallet providers that also have this kind of feature, as far as I remember, Coinomi is one of the cryptocurrency wallets, they have featured before that you have some password that using when you are doing a transaction or logging into your wallet.

Overall, I don't find any good reason to add this kind of feature for a decentralized cryptocurrency wallets, if you want to be safe your funds, start with yourself, practice safety measures, especially adding some security to your phone so before they can open crypto wallet, there is still some security they need to pass.

Security is also man basic needs on earth because it’s very devastating and most times deadly when someone steals our valuables. The reason I suggest for a confirmation code for every transaction is simply because bitcoin and most crypto are decentralized making it almost impossible to recover lost coins. There should be a confirmation code sent to our email or phone number during transaction in crypto wallets to originally prove the transaction is being performed by the real owner of the wallet, once  the confirmation code is received via gmail or any other means and has been copied in the appropriate place. This action will automatically confirm the transaction in the wallet.

I have had reports of people complaining of their lost wallets. some where asked to provide the pass codes of their wallets forcefully at gun point. In my locality now this is the modern age robbery. People are much aware about bitcoin and are using this means to steal from innocent bitcoin enthusiasts. My friend was a victim couple of days ago as she was robbed of her valuables and the robbers went further to ask for her blockchain password which she fearfully provided and immediately her bitcoin was wiped away from her wallet. This is so scary and threatening to bitcoin enthusiasts.