Before I start, I will clarify that I have been a long time user of blockchain.info since 2012-2013 and never had any problem with it until now. It was a great service and did a huge part in helping me get used to bitcoin and managing it.
Several weeks ago, blockchain's service was compromised. About 0.0002% of total Blockchain's users were affected. As part of this 0.0002%, I lost my address and $770 in my wallet. To cut short, Blockchain emailed everyone of this incident and offered to pay back all our lost funds. As expected from one of the largest bitcoin services, I received my $770...2 weeks later.
Getting my funds back was not easy. I had to provide the support with my personal password used for the blockchain account. Giving up your personal password you have kept securely for years is not easy, especially when you use it for your online bank accounts and on sites like godaddy, paypal, coinpayments, coinbase, gmail..etc. I do have multiple different passwords for less important accounts, and I only use my personal password on websites that I trust.
I got refunded, and was then advised to open a new blockchain account with a new address. This is the reason why I don't trust blockchain. As an internet market, I sell many things online, both IRL and online items. I have multiple shops using coinpayments, payivy, coinbase, shopify, websites with whmcs..etc. A few days later after getting refunded I noticed a transaction of $100 sent to my compromised blockchain address from one of my multiple shops I created online. I forgot to change the withdraw address of that one shop.This was completely my fault for not remembering to change the withdraw address (account on PayIvy). I sell many things on multiple websites. It was near impossible to keep track of them all. I run multiple websites as well. Feeling sore over losing $100, I contacted Blockchain hoping they had a way to refund me. As expected, they refused to refund me and ignored me till this day claiming this was not their fault, since the payment was after the day my address was hacked(Didn't really get this).
I lost money due to my forgetful nature, but I wouldn't have lost my money if they did a good job of protecting users in the first place. To add, I was also busy changing my password on multiple websites after getting refunded.
Thankfully, $100 was not a lot. If it was a good sale day, that $100 could have been $500-$600. This is why I no longer trust blockchain.
To think the largest bitcoin service couldn't even do a good job of protecting users' funds and avoid responsibility after getting hacked.
Thanks for sharing your experience with us.
I have to agree with you - I would not use them again.
Fool me once, shame on you. Fool me twice, shame on me.