Re:I just lost 1,400 BTC
by kutorio on Monday August 31, 2020 @02:31PM
(#24334498)
I'm not an expert in BTC storage, but as far as I understand such an attack could have been prevented if the owner invested in a hardware wallet for $100-200. As the final step in a transaction would be to sign it on your ledger/trezor device, and would be much harder to phish.
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This was my first thought too. Hardware wallets show transactions on their own screen so the amount and destination address can be confirmed on-device before the device signs the transaction, which seems like a great tool to avoid this kind of issue. Anyone that owns more cryptocurrency than a hardware wallet costs really needs to have a hardware wallet.