Bitcoin Forum

My Blockchain.info wallet is backed up with strong 1st and 2nd passwords, and 2FA. Is there a chance that it can be hacked and the coins stolen?

Also, the site regularly sends Wallet Backup in AES encrypted format. If my email gets hacked, can the thief steal my coins using this backup?

I have taken the backup using the paper wallet. Is there a need to take any other backup?

People get coins stolen from online wallets all the time.  Keep your money in an offline wallet.

I think that if your email gets hacked then they can steal your BTC's but im not 100% sure about this. I use coinbase and whatever im probably not going to use I export to a private wallet with no second copy of the private key.

It's always a risk storing BTC on an online wallet, go for cold storage/paper wallet.

There always a risk to store btc no matter what type of wallet we use right

thanks, just applied for a online wallet.

If you are using blockchain.info, I'd also install their browser extension to be sure that the javascript on their page hasn't been altered. You can find it: here (https://blockchain.info/wallet/chrome-extension). (Past the annoyingly large image.)

Thanks for show it

That's good to know.
I never clicked on that picture. It should be more obvious.

If you are concerned about this, then consider paper wallets or creating an offline wallet using a liveCD.

Me too. I only know about it after he post

I personally don't like to rely on third party services for a currency that is supposed to be completely decentralized and independant, the safest way is to send everything to paper offline wallets.

Blockchain is one of the safest out there!

Thanks for the verification, just set up a wallet!

The extension is quite useful. I was unaware of it earlier.


Are paper wallets 100% safe?

No its not safe/It depends on your definition of "safe".

I have a copy wallet encrypted in dropbox. I think its safe too.

Does anyone know when blockchain.info's escrow feature might come back?

As far as I can tell it's not there any more.

Thanks..

dropbox + truecrypt are better  ;)

Offline wallet with strong encryption and backups will be back.

Paper wallets are 100% safe as long as you dont keep a digital copy of the private keys (dont copy and paste it into a file), and you keep it in a place where no can reach it but you.