Crypto

Don’t Use This Website When Generating a Bitcoin Paper Wallet

There will never be  a shortage of Bitcoin wallet solutions. One of the safest options is to create a paper wallet, but not every online generator can be trusted either.

Using a paper wallet isn’t necessarily a long-term BTC storage solution.

Don’t Generate a Paper Wallet Online

While it can serve that purpose, it is a piece of paper, after all.

In terms of giving Bitcoin as a gift to friends, family, and loved ones, paper wallets can certainly be useful.

When creating such a wallet, it is often better not to rely on an online service.

A new security alert has been issued for Bitcoinpaperwallet, a platform providing this particular wallet generation service. 

Related Post

However, it seems as if the precious information associated with this process isn’t as tamper-proof as one might think.

Some major websites in this industry even refer to the platform as a go-to paper wallet generator option.

It is evident that, while that is not uncommon, these issues are not new either.

In fact, they were first reported nearly a full year ago.

Who no one bothered to remove all references to this platform from their website at the time, is a mystery.

No one should want others to lose money in any capacity. 

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

10 Trusted Cloud Mining Platforms to Earn Free Bitcoin Daily in 2026

  Cloud mining continues to gain massive traction as 2026 inches closer. In tough economic…

7 hours ago

Jupiter Pushes Onchain Finance Forward With Its Biggest Upgrade Wave Yet

Solana Breakpoint wasn’t just another conference this year. It doubled as a stage for Jupiter…

22 hours ago

Ripple Payments Lands First European Bank With AMINA Bank AG

Ripple has scored a major regulatory milestone in Europe. AMINA Bank AG, a Swiss-regulated digital…

22 hours ago

a16z’s 2026 Crypto Vision: Stablecoins Surge, Tokenization Grows, and Asia Becomes the Next Battleground

a16z just dropped its annual report, and the message is clear: crypto isn’t slowing down.…

2 days ago

Ethereum Activates BPO-1 Upgrade, Boosting Blob Capacity and Expanding the Network’s Scaling Roadmap

Ethereum has activated BPO-1, a protocol adjustment that increases blob capacity per block from 6…

2 days ago

CryptoBench: AI Meets DeFi, Head-On

CryptoBench just landed. Developed by ChainOpera AI and Princeton AI Lab, under the guidance of…

3 days ago