Category: Bitcoin Wallets

A fake version of Wasabi wallet, probably designed to steal bitcoins, has emerged online at wasabibitcoinwallet.org. (Don’t visit that site.) Wasabi Lead Developer Exposes Fake Website According to Wasabi developer nopara73 (the only confirmed identity he has), the site is only trying to assault Windows users. Only the Windows version of the wallet is actually non-legitimate. The rest of the download links on the site direct to Wasabi’s actual Github repository. The first malware that pretends to be Wasabi: https://t.co/08VrjnrVsr Notice only the Windows download link points to their own website, the rest is to our GitHub? pic.twitter.com/t7jKViESZ2 — nopara73

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According to a user on the Bitcoin subreddit, there is an exploit on a common version of WinRAR that enables the potential theft of coins. The bug, which allowed executable code to be inserted on a system after opening a RAR file, has apparently existed for 14 years but is only recently coming to light. Now that it’s common knowledge, exploits are likely to be written for unpatched systems. WinRAR Patches Problem, Drops ACE Updating WinRAR to the latest version (from an official source) will patch the problem. But WinRAR is one of the most common pieces of software out

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Even before the official announcement of Samsung Electronics on the launch of the Samsung Blockchain Wallet, local publications speculated that Samsung Pay could be behind the high-profile crypto integration for the Galaxy S10. If Samsung Pay is Behind the Crypto Integration, it May Be Crucial For Real Adoption On January 29, The Korea Herald reported that Samsung is set to integrate a cryptocurrency wallet into the Galaxy S10, well over a month before the formal release of the Samsung Blockchain Wallet on February 21. Industry sources reportedly told the publication that Samsung Pay, a widely utilized digital payments application with

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CCN earlier reported that Coinomi wallet had a confirmed bug that allowed Google to view the details of a user’s seed phrase. The seed phrase generates a wallet. Coinomi uses a 24-word phrase. It enables a user to regenerate their wallet on any platform, and maintain a simultaneous wallet on their phone and on their desktop. According to Coinomi’s own blog post on the subject, CCN and social media users wrongly characterized the transmission of seed phrases. Packets Were Not “Plain-Text” For one thing, the transmission was not intentional or by design. The bug only affected desktop wallets. The error

The post Coinomi Addresses Spellcheck Vulnerability, Accuses Victim of Bitcoin Extortion appeared first on CCN

According to cryptocurrency investor Warith Al Mawali, he has lost all of his life savings in the tune of $60,000 to $70,000 on Coinomi, a widely utilized crypto wallet on Android. In a detailed report, Mawali claimed that a critical vulnerability found on the wallet led to the loss of user funds as it compromised the private key of his wallet. SECURITY VULNERABILITY@CoinomiWallet sends your plain text seed phrase to Googles remote spellchecker API when you enter it! This is not a joke! Video attached for proof. Credit goes to @warith2020 for finding the issue, read more from him here:

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T Store, a mobile application marketplace operated by SKT, the largest telecommunications giant in South Korea, officially introduced Samsung Blockchain Keystore and the revolutionary native crypto wallet on the Galaxy S10. The photograph of the of the Samsung Blockchain Keystore and crypto wallet released by T Store showed a section called “Token Transfers” under the platform’s Ethereum wallet, featuring ERC20 tokens like Basic Attention Token (BAT) and Enjin Coin. Following the launch of the Galaxy S10 in San Francisco, local publications in South Korea reported that Samsung is expected to integrate a full ERC20 support into its crypto wallet. Samsung’s Crypto

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Brian Armstrong, CEO of $8 billion crypto exchange Coinbase, wants to set some misconceptions straight about the security of various types of Bitcoin wallets. Writing in Fortune, Armstrong clarifies – for a mainstream audience – the difference between hot and cold wallets. If the reader is unfamiliar with the concept, it’s pretty simple. A “hot” wallet is connected to the internet and capable of making immediate transactions. A “cold” wallet is secured offline, by definition, although there are degrees of coldness. A private key stored on an internet-connected device but not loaded into any active wallets is still technically “cold”

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