Encryption security - ChainCatcher

Encryption security

The vulnerability in old cryptocurrency wallets could lead to the theft of $2.1 billion in assets

ChainCatcher news, according to CryptoPotato, the crypto cybersecurity company Unciphered has discovered a decade-old vulnerability in crypto wallets that affects browser-based wallets generated between 2011 and 2015. This vulnerability could allow malicious actors to steal up to $2.1 billion from various network wallets, including Bitcoin (BTC), Dogecoin (DOGE), Litecoin (LTC), and Zcash (ZEC).The company stated that wallets generated before March 2012 have $100 million worth of assets that are easily hackable by home computer users. Additionally, wallets created between that time and 2015 have at least $500 million worth of assets at risk. Unciphered has begun quietly warning affected users that their assets are at risk.

2023-11-18

encryption security

A Brief Discussion on Recent Cryptocurrency Security Incidents: The Harm of Hackers is Far Less Than the Evil of Human Nature

The technology of crypto has grown, security defenses have been strengthened, the regulatory environment has become increasingly complex, and the evils of human nature have intensified.

2023-09-27

Encryption security

A Brief Discussion on Recent Cryptocurrency Security Incidents: The Harm of Hackers is Far Less Than the Evil of Human Nature

Plain Language Blockchain

Frequent security incidents involving crypto assets raise the question: how can you ensure that the platform and wallet app you use are secure?

Is "official channels" necessarily safe? What security precautions can ordinary users refer to?

2022-12-28

Encryption security

Frequent security incidents involving crypto assets raise the question: how can you ensure that the platform and wallet app you use are secure?

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