Security Consultant Reveals Coinomi Wallet Vulnerability, $60,000+ in Crypto Allegedly Hacked

2019-2-28 09:03

Cryptocurrency wallet Coinomi has once again become involved in a security scandal, with a security consultant claiming to have found a vulnerability in the service. Allegedly, the service would send wallet seed phrases, the backup information needed to recover a crypto wallet, to servers unencrypted—allowing hackers to potentially intercept the data and steal a user’s […] The post Security Consultant Reveals Coinomi Wallet Vulnerability, $60,000+ in Crypto Allegedly Hacked appeared first on CryptoSlate.

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Security Researchers Reveal Wallet Vulnerabilities On Stage at 35C3

In a demonstration titled “Wallet. fail,” a team of security researchers hacked into the Trezor One, Ledger Blue and Ledger Nano S. Unfortunately, it appears as if their findings were first put on display at the 35th Chaos Communication Congress (35C3) in Leipzig, Germany, rather than through accepted Responsible Disclosure practices, which would have allowed the manufacturers to patch the vulnerabilities and protect their customers from any potential attack.

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SIRIN Labs (SRN) launches its blockchain smartphone today

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2018-11-29 15:35