The dangers to cryptocurrency wallets and how to fend them off

Making a little effort to understand the most common threats when choosing and handling your cryptocurrency wallet can help secure your crypto-assets in the long run.When it comes to facing diverse threats, not every cryptocurrency wallet is the same. Each wallet is designed differently — to balance security with ease of use, privacy and other … More The dangers to cryptocurrency wallets and how to fend them off

Fake cryptocurrency apps crop up on Google Play as bitcoin price rises

ESET researchers have analyzed fake cryptocurrency wallets emerging on Google Play at the time of bitcoin’s renewed growth. May 2019 has seen bitcoin growing, with its price climbing to its highest points since September 2018. Not surprisingly, cybercrooks were quick to notice this development and started upping their efforts in targeting cryptocurrency users with various … More Fake cryptocurrency apps crop up on Google Play as bitcoin price rises

Ethereum cryptocurrency wallets raided after Amazon’s internet domain service hijacked

Approximately US $150,000 worth of Ethereum-based cryptocurrency stolen. Online cryptocurrency website MyEtherWallet.com has confirmed that for a period of time yesterday some visitors could have been redirected to a phishing site designed to steal users’ credentials and – ultimately – empty their cryptocurrency wallets. According to reports, whoever was behind the attack may have successfully stolen approximately US … More Ethereum cryptocurrency wallets raided after Amazon’s internet domain service hijacked

10 tips for protecting your virtual Bitcoin wallet

One of the most famous recent incidents was the attack on the bitcoin exchange, Bitstamp. On this occasion, 19,000 BTC were stolen after the virtual wallets belonging to the exchange were compromised. The equivalent value of the resulting loss amounted to an astonishing USD 5 million. So, how can you protect yourself? You need to … More 10 tips for protecting your virtual Bitcoin wallet