Frankly, all these blockchain.com stories scare me. It's one of the wallets I have come to trust and to think that it could be unsecured makes me vulnerable to hackers. But I haven't had any issues since I started using it three years now. Am I just being lucky or what?
I’ve had an account there too for years, and I’ve never had any problems. Although blockchain.com (before .info) has a long history of bad experiences, some of them are partly the result of some users making mistakes themselves. If you are not aware of what phishing is, or how important it is to make a backup - in that case every online wallet poses the same risk.
However, from everything I've read on the forum over the years, it seems that this wallet also has serious internal vulnerabilities, especially when it comes to their official mobile application, especially iOS.
Using online wallets as cryptocurrency storage is definitely an illogical move, except that it is of course risky. Bitcoin is at its core decentralized, but millions of users keep them in
crypto banks, which is definitely wrong. They actually have nothing but trust in completely unknown subjects who can raise the anchor at any moment and disappear without a trace.