Listen up, fellow crypto enthusiasts! If you're thinking about accessing an old hot wallet, you might want to proceed with caution. Why? Well, let me tell you a little story. So, today I got the sudden urge to ape into PEPE. I mean, who wouldn't want to throw some small change at a coin named after a cartoon frog, right? Anyway, I decided to check out my old phone, where I had installed Metamask and an old unused hot wallet. I didn't think there was anything valuable in there, so I figured it was safe to use. I copied the wallet address to my new phone, where I keep most of my holdings in a CEX, and transferred a small chunk of ETH to that address. I waited patiently for a few minutes, knowing that the network is currently congested. But after five minutes, then ten, then thirty, I still hadn't received my ETH. Finally, I got a notification telling me that a transfer transaction had occurred 20 minutes ago, along with another transaction telling me that I had sent ETH to another wallet at almost the same time. It suddenly hit me - my freaking wallet had been compromised! Now, I'm not exactly a whale in the crypto world, but losing 0.03 ETH isn't the end of the world for me. But it still hurts knowing that I basically threw money at a hacker. I had already resigned myself to losing every little dime of it anyway, since I was going to use it to ape into PEPE - a coin that pumped 1000x for no apparent reason a few months ago. But it would have been more thrilling to lose my money to a legitimate cause, you know? Anyway, the moral of the story is: don't store anything for too long in your hot wallet, and change it up frequently. And if you do decide to ape into PEPE, make sure you do it with caution. Who knows, maybe you'll end up with a frog in your pocket instead of a hole in your wallet! [link] [comments] |
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