Scam Bitcoin QR code generators stole $45k from unsuspecting users last month

Bitcoin QR code generators - Bitcoin and quick response code

In March a total of 7 BTC were swiped from people through fraudulent barcode scans. A total of 7 BTC – the equivalent to about $45,000 – was stolen from unsuspecting people who scanned barcodes from fake bitcoin QR code generators, said one security researcher. Nine fake websites have been identified by the researcher as scam BTC-to-barcode generators. Those websites claim to provide their users with a quick and convenient method for generating barcodes. Bitcoin QR code generators make it simple for people to accept cryptocurrency transactions using a barcode…

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Bitcoin QR code generators are not as secure as some may think

Bitcoin QR code generators - Bitcoin

A report from ZenGo reveals there’s a lot of scam QR code generators for Bitcoin. A recent analysis conducted by ZenGo, a keyless Bitcoin and cryptocurrency wallet, reveals that four out of the top five Bitcoin QR code generators listed on Google’s front page are operated by scammers. The codes that are being generated link to the scammer’s own wallet. ZenGo discovered that when a user uses one of these malicious sites to create a quick response (QR) code for their personal Bitcoin address, the site generates a code for…

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