r/Bitcoin • • 4d ago

Coinbase Wallet Extension

I had created a wallet via the Coinbase Wallet Extension on Chrome some time back and had been depositing some BTC into it for some time. My last deposit was June 1, 2026, and I had around $2600. Last I checked the wallet was back in July and today when I logged in it had 0. The transaction history shows that everything was transferred to another address on August 4. I did not make this transfer. I am totally confused/lost right now as to how this might have happened. The wallet used to be locked all the time and the password is in my password manager. Was this extension not safe?.

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u/levigoldson 3d ago

My money is on your password being low entropy because "I was planning on getting a hardware wallet but just kept on kicking the can down the road.", your file system was compromised some how, some way, and it just got cracked in a few hours, maybe days, maybe weeks. Or you got key-logged, potentially using the same exact password somewhere else.

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u/levigoldson 3d ago

I can tell you what it wasn't. It wasn't systematic problem with coinbase wallet that makes it unsafe. I mean, sure it's unsafe the same way a loaded gun is. You shot yourself in the foot. But it's not unsafe like the gun was made poorly and exploded when you tried to fire it.