SlowMist Chief Information Security Officer 23pds said in a post on X that public WiFi by itself does not steal crypto assets. He said losses usually come from phishing pages opened through fake WiFi networks, or from users signing transactions or importing private keys on their own devices. In his view, the key issue is what websites a user visits and what actions are taken after connecting, not the connection alone.
The comments came after X user Xiaoyu_184CM said that 3.7 BNB was transferred out of a secondary wallet that had not been used for months after the user connected to free WiFi at Singapore airport. Binance founder Changpeng Zhao, known as CZ, replied that he has long advised against using public WiFi, but said that simply connecting to such a network would not by itself cause a wallet to be drained. He also asked whether any other actions had taken place during the incident.
Crypto KOL AB KuaiDong speculated that someone may have deliberately set up a free WiFi network or that a router may have been modified. Xiaoyu later said that this explanation seemed likely.
ChainCatcher reported that SlowMist Chief Information Security Officer 23pds said on X that public WiFi itself does not steal coins.
He said the actual source of losses is usually phishing pages opened through fake WiFi networks, as well as users signing transactions or importing private keys themselves. In his view, the core question is what sites are visited and what actions are taken after connecting, because that determines whether assets are put at risk.
Earlier, X user Xiaoyu_184CM said that after connecting to free WiFi at Singapore airport, 3.7 BNB was transferred out of a secondary wallet that had not been used for months.
Binance founder CZ responded that he has always advised against connecting to public WiFi, but said that merely joining a WiFi network would not be enough on its own to cause a wallet theft. He also asked whether any other operation had taken place in between.
Crypto KOL AB KuaiDong speculated that someone may have intentionally set up a free WiFi hotspot, or that a router had been modified. Xiaoyu later said that this seemed likely.
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