Using public wireless networks has always been a security risk first and foremost. While it may seem logical to a lot of people to connect their device to a public wireless network, doing so can have negative repercussions. One Bitcoin user found this out the hard way, unfortunately. More specifically, he lost over US$117,000 worth of Bitcoin to criminals who successfully infiltrated his account while connected to a wireless network. Public Wifi and Bitcoin together is a Bad Combination This particular story took place in Innsbruck, Austria, at some point this week. One Bitcoin user was connected to a public wireless network
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