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Author Topic: Bitcoin wallet update warning  (Read 210 times)
Igebotz
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June 28, 2024, 10:39:59 PM
 #21

Something I might ask though, funds don’t just get missing without no traces. Perhaps your friend @OP should check if their was any transaction initiated on his behalf from that wallet since he/she supposedly still has it before any conclusion.

So, what will he do with the transaction ID and receiver wallet? Start tracing onchain with little or no experience; the coin is gone; no professional con artist would send stolen assets to an exchange tied to his real-life identity; instead, it would go to a non-custodial wallet or a mixer for a clean coin..

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Agbamoni
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June 28, 2024, 11:05:37 PM
 #22

I've never heard of such things and up till now am still trying to figure out how this was possible. Are you saying that there are people who uses Bitcoin wallets and do not add a security to it. Imagine clicking a notification on the top of the screen and then it was directed to Trust wallet yet there were no security gateway requesting for Trust wallet password.

I think that is where the problems start from. Whether Trust wallet or not we should always keep our wallet with security pins if not the app security pin but any app security luck in our mobile phone.

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Smartvirus
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June 28, 2024, 11:50:36 PM
 #23

Something I might ask though, funds don’t just get missing without no traces. Perhaps your friend @OP should check if their was any transaction initiated on his behalf from that wallet since he/she supposedly still has it before any conclusion.

So, what will he do with the transaction ID and receiver wallet? Start tracing onchain with little or no experience; the coin is gone; no professional con artist would send stolen assets to an exchange tied to his real-life identity; instead, it would go to a non-custodial wallet or a mixer for a clean coin..
Precisely my brother, precisely. One way way be say, person go carry stir person go the wrong direction na to do that thing way you feel say, e no go fit do am. That thing way you go call unwise or no go expect pro-hackers to do na em them go result to doing and you kwa, you fit decide not to look. Make we no forget say, this fit be rushed job to eat, clean mouth and commot o! That one Dey for one corner. If e Dey shah, na watin i for still check if na watin en Dey familiar with it e go fit trace am back to one exchanger or other complains from people as, e Dey very likely say, no be one person Dey suffer this kind thing from one roughed person shah.



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Perfectbaby (OP)
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June 28, 2024, 11:54:15 PM
 #24

This is little update I have, don't wait till it happens to you always avoid it before it happens to you.

Everything you said are basic information that any body picking interest in the industry should have but nice effort though. The information has also been repeated on the forum and the local board numerous times but it's good you're bringing it up again so we can be informed/reminder of how easy it is to lose everything but to avoid alot of this wahala, differentiate your device that your wallets is located in from your everyday device and you go avoid 90% of this wahala. Also you wey know say your wallet dey your phone, no dey downloaded anyhow apps or all this careless trending apps dem (e.g secret message apps) because na there scammers dey chop from when you go downloading clones wey dem dun infect already to steal your sensitive information.
Na true you talk and like this people need to be extremely careful on the kind of things they do especially that of wallet of a thing. E go also better to get special phone to store wallet and every useful information.

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June 29, 2024, 07:35:41 AM
 #25

This is little update I have, don't wait till it happens to you always avoid it before it happens to you.

Everything you said are basic information that any body picking interest in the industry should have but nice effort though. The information has also been repeated on the forum and the local board numerous times but it's good you're bringing it up again so we can be informed/reminder of how easy it is to lose everything but to avoid alot of this wahala, differentiate your device that your wallets is located in from your everyday device and you go avoid 90% of this wahala. Also you wey know say your wallet dey your phone, no dey downloaded anyhow apps or all this careless trending apps dem (e.g secret message apps) because na there scammers dey chop from when you go downloading clones wey dem dun infect already to steal your sensitive information.

Post like this are worth giving merits and I wish our senior colleagues can at some point try to support users like this.

Not every posts that has to do with wallet deserve to be merited, if you read above you go see plenty corrections has been given and the publicizing of trustwallet isn't something that should be welcomed on the local board because it isn't among the best wallets to be used. The fact say they can be easily exploited should be a warning that they shouldn't be trusted as where we store our coins. If you dey participate for airdrop or doing other minor online giveaways then you fit dey use am but anything major investment, find a more appropriate wallet to use. Just because sometimes is popular doesn't make it the best.
That is the best to do because when a user do have multiple devices or even using his system for some of cryptocurrency storage of assets it could be very hard alterations but when they are using all devices for browsing and storing their assets it makes very vulnerable for alterations. Like you said lot of these information has been shared so op should use some search option for most of the post to avoid repeating post that has been shared already.
Una do well boss
But frankly we’re seeing this things from a standpoint of someone who already knows what to do and not the other way round.
 bitcoin and its entire process from buying to selling is a complicated one even for an average learner not to even mention a total newbie.
This is Nigeria and you’ll agree with me that, our brains and mindsets are wired differently and most times people just jump on things without a proper research.
And that is why we don’t have to totally blame people when they make mistakes that’s why it’s called mistake because no one would want to intentionally give out their hard earned money to scammers only to end being hurt.
The idea of using a separate device or phone are for those who can afford it not someone trying to patch up life and trying to pick a path in the crypto space.
Some people also fall victims of these things in process of trying to seek other streams of income online and end up falling victims of circumstances so we can’t end up blaming them.

The issue of thread repeats took even on the main boards are totally unavoidable and that’s not because people are doing it intentionally but you’ll agree with me that, there is always an excitement after one finally puts together a topic and a lot of users make threads out of excitement believing they might be the original author.
There are also topics that can’t be overemphasized on like topics such as:.
~Addiction
~wallet safety
~ scams
And the rest of them because these are major occurrences in the space and people need to be reminded regularly so that can always stay conscious and in some case these topics aren’t talked on in weeks and maybe month(s) and remember that out of sight is out of mind and people forget the important things and as such, I don’t think it’s bad starting a new thread on a similar matter as even the forum also suggests creating a new thread when threads and topics have stayed so long without comments

Just my opinion and thoughts

R


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Justbillywitt
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June 29, 2024, 08:13:54 AM
 #26

Greetings my people I bring up this little update towards how we update our bitcoin wallet. Okay, this is how it happens a friend of mine saw a pop notification on his trustwallet immediately he clicked on the update option and immediately the wallet update his funds was stolen from his wallet and I was like how is this possible. I don't need to argue much because I know that scammer are all over exploring the easier way to launch attack to people's wallet.

Lesson to learn:
1- Do not click on any pop notification asking you to give permission
2- Before updating your app make sure to visit the google play store yourself to confirm.
3- Do not feel so lazy to always logout from your app before going to bed, except you don't have fund inside but even as that it's not encourgeable to do so.
4- Make sure to clear history and phone cache before leaving for any other activity it could be going to bed or something similar.
5- Avoid clicking on random link when send to you it could be through WhatsApp, social media or even in this forums.
6- And lastly do not connects your wallet to any website without knowing proper information about the site, especially those who loves enrolling in airdrop and bounty campaign you might got phished with some link without your knowledge.

This is little update I have, don't wait till it happens to you always avoid it before it happens to you.
Normally your wallet shouldn't even pop up updating notification itself, that's was a clear red flag. What I normally do is once or twice in a month I usually go to the place I downloaded my wallet to check for myself if there is a new wallet update so I can update it myself, that's how serious I take my wallet and asset safety. Don't wait to be notified about any wallet update, try your best to be checking the wallet website to see if there is information about new update. Scammers are not sleeping so should we not also sleep. The issue of clicking on links has been said many times here, so anybody wey still dey click on unverified link is solely responsible for any outcome.

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June 29, 2024, 02:18:57 PM
 #27

Thanks Op for the update.Every user on this forum ought to have known the best digital wallet to store his/her asset because it's there on the pinned thread in each board,you can also find it in beginners and help and I wouldn't want to digress because that's not the content of the Op's thread.Updating Bitcoin wallets should done on Playstore or through sites where you downloaded the app and not on pop notifications sent by scammers on social media platforms.There are certain things you need not to be told,you can as well dictate most things yourself, scammers aren't joking with anyone and so we should apply same energy we shouldn't joke with them.

adultcrypto
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June 29, 2024, 09:34:04 PM
 #28

Well I have to say is that am really not a fan of clicking links and I really don't do it when it comes to financial connected apps like wallet or bank account or any thing that has to do with something keeping money for me. But thanks for the info mate, but if you know the length these scammers are going to get the better of people then you would do everything to avoid clicking anything that has to do with links you not familiar with.
If you use Trustwallet, you will notice they do bring updates and some information that will require you to click on a link when you login to the wallet. I have also seen when they posted airdrop within the app which require one clicking on links. I usually do not click them but I know that such things exist even in trusted places that one will not feel there is danger or threat. I am not saying that those airdrops within the trust wallets are dangerous but as long as it involves clicking on a link, it is normal to be skeptical about it. If there is a good amount of funds in the wallet, it might not be safe taking any risk with the wallet.

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