Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
No Result
View All Result

How Evil Twin WiFi Attacks Trick Crypto Users Into Losing Funds

CryptoExpert by CryptoExpert
January 19, 2026
in Business
0
How Evil Twin WiFi Attacks Trick Crypto Users Into Losing Funds
  • Facebook
  • Twitter
  • Pinterest


You might also like

Crypto PACs Gear up for Maryland Races with $3M Media Buys as California Primaries Kick Off

US Lawmakers Push Back on Labor Dept’s Plans to Include Crypto in 401(k)s

Crypto PAC-Supported Candidates Sweep US State Primaries after Media Buys

Imagine you’ve just gotten off a 16-hour flight. You’re red-eyed and irritable, but you need to shift some crypto funds in a hurry. The SIM-card shops are closed, so you use the provided “free airport WiFi” to get connected. 

Hours later, your crypto has shifted to an unidentified wallet. Unfortunately, you may have been hit with an “Evil Twin” WiFi attack.

Evil Twins clone legitimate WiFi networks

It’s an often-overlooked attack vector, security experts told Cointelegraph. The process involves bad actors cloning legitimate WiFi networks, tricking devices into connecting, and allowing the hacker to intercept network traffic or steal sensitive data.

The Australian Federal police charged a man last year for allegedly establishing fake free WiFi access points at an airport, which mimicked legitimate networks, to capture personal data from unsuspecting victims. 

okex

Speaking to Cointelegraph, Steven Walbroehl, co-founder of cybersecurity firm, Halborn said “Evil Twins” are most common at airports, cafes, hotels, transit hubs, conference venues, and high-traffic tourist areas, where many people look for free WiFi.

23pds, the chief information security officer at SlowMist, said Evil Twins are “more common than people think,” and there are still plenty of people who “absolutely fall for it.”

Source: Winston Ighodaro

An Evil Twin network alone won’t drain crypto 

However, Walbroehl said just joining a fraudulent WiFi network doesn’t always mean losing crypto, provided a user doesn’t send their private key, seed phrase, or sensitive information while connected.

“Even if someone doesn’t see your private key, capturing your exchange credentials, email, or 2FA codes can let attackers drain centralized crypto accounts quickly,” he added.

Beware of fake login pages and prompts

23pds said this type of attack will nudge victims to reveal their information after joining the network through fake login pages, updates, prompts to install a helper tool, or “worse case, tricked into typing their seed phrase,” which “still happens way too often.”

“If you remember one thing: Evil Twin attacks win by getting you to make a mistake — not by magically breaking encryption. So the real danger is less about deep hacking, and more about phishing + social engineering at the perfect moment.”

23pds said the most practical ways to stay safe are by avoiding high-risk crypto actions like transfers, changing security settings, or connecting to new dApps while on public WiFi.

Related: Social engineering cost crypto billions in 2025: How to protect yourself

It’s also best practice to never enter a seed phrase even when asked and to use bookmarks for exchanges or type the domain manually, avoid clicking search ads and manually check all addresses rather than just copying and pasting, they added.

Using your own mobile hotspot, private networks, and disabling auto-connect on devices can help avoid falling prey to an Evil Twin attack as well, according to Walbroehl.

However, if there is no other option but to use public WiFi, a trusted VPN should be used to encrypt traffic, while one should only join networks verbally confirmed by a venue staff member as being legitimate.

In January, an X user with the handle The Smart Ape revealed that their crypto wallet was drained after using a public WiFi network at a hotel and a series of “stupid mistakes.”

While the attack didn’t involve an “Evil Twin” network, it did show how bad actors can use a public network to trick users and steal crypto using similar tactics.

Source: The Smart Ape

Other security tips for crypto while traveling

Kraken’s security chief, Nick Percoco, sounded the alarm in June about the lack of security awareness at crypto events such as conferences.

23pds said a good approach to protecting your crypto while traveling is to adopt a simple 3-layer setup. Don’t touch your main holdings while out. Create a separate travel wallet with a limited amount of funds, and use a small unconnected hot wallet for daily use, payments, small swaps, or minor dApp interactions.

“If your phone gets stolen, you click a bad link, or something goes wrong — your downside is limited.”

Magazine: When privacy and AML laws conflict: Crypto projects’ impossible choice

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy



Source link

  • Facebook
  • Twitter
  • Pinterest
CryptoExpert

CryptoExpert

Recommended For You

Crypto PACs Gear up for Maryland Races with $3M Media Buys as California Primaries Kick Off

by CryptoExpert
June 8, 2026
0
Cointelegraph

While residents of California, Iowa, Montana, New Jersey, New Mexico and South Dakota are voting today in Democratic and Republican Congressional primaries, the cryptocurrency industry is more focused...

Read more

US Lawmakers Push Back on Labor Dept’s Plans to Include Crypto in 401(k)s

by CryptoExpert
June 7, 2026
0
Cointelegraph

Top Democrats on three House and Senate committees called on the US Labor Department to halt its plans to allow digital assets and “alternative assets” to be held...

Read more

Crypto PAC-Supported Candidates Sweep US State Primaries after Media Buys

by CryptoExpert
June 7, 2026
0
Cointelegraph

Democratic and Republican candidates across California, New Jersey and South Dakota won their respective primaries on Tuesday after being the beneficiaries of supportive ads purchased by cryptocurrency industry-backed...

Read more

6 Senators Challenge 1,250% Bitcoin Capital Rule They Say Blocks Banks From Crypto

by CryptoExpert
June 7, 2026
0
6 Senators Challenge 1,250% Bitcoin Capital Rule They Say Blocks Banks From Crypto

Key TakeawaysSenators urged regulators to revisit digital asset capital standards affecting banks.The disputed 1,250% risk weight can require capital equal to exposure.Potential rule changes could reshape institutional participation...

Read more

Israel’s Tax Authority ‘Disappointed’ in Voluntary Crypto Disclosures: Report

by CryptoExpert
June 6, 2026
0
Cointelegraph

Israeli taxpayer disclosures of profits from cryptocurrencies have reportedly fallen short of expectations at the Israel Tax Authority after enactment of a policy allowing immunity from criminal proceedings...

Read more
Next Post
Coinpedia - Fintech & Cryptocurreny News Media

Canary Capital CEO Reveals Why $5 or $10 XRP Is 'Small' in a Trillion-Dollar Market

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 63,273.00
ethereum
Ethereum (ETH) $ 1,688.19
tether
Tether (USDT) $ 0.999529
bnb
BNB (BNB) $ 603.10
usd-coin
USDC (USDC) $ 0.99966
xrp
XRP (XRP) $ 1.16
solana
Solana (SOL) $ 66.43
tron
TRON (TRX) $ 0.326419
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03
staked-ether
Lido Staked Ether (STETH) $ 2,265.05

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?