Tag Archives: Wallet

Parity considers fixes to Ethereum wallet debacle as some claim service was hacked

The debacle that saw hundreds of millions worth of Ethereum cryptocurrency left frozen in wallets provided by Parity continues, juiced by a new accusation that the alleged accident may have been the result of hacking. Parity wallets were frozen last week after it was alleged that a security vulnerability was “accidentally” triggered, causing a library […]

Ethereum wallet firm was warned about critical bug that left $162m ‘frozen in time’

In early November, a bug in the digital wallets maintained by Parity Technologies was exploited, leaving more than $160m-worth of the cryptocurrency ethereum lost in time. Now, after careful analysis of the situation, the company has confirmed it was first made aware about the potential dangers of the vulnerability three months earlier. On 20 July, […]

Ethereum Wallet Company Knew About Critical Flaw That Let a User Lock Up Millions

After someone going by “Devops199” managed to permanently lock up millions of dollars worth of other people’s Ethereum funds last week, the company that created the vulnerable code published a postmortem on the incident on Wednesday. It doesn’t look good. According to Parity’s breakdown of the fiasco, the digital wallet company knew about the critical […]

Parity Multisig Wallet Hacked, or How Come?

Background Multisignature wallets are smart-contracts designed to manage crypto assets by the consent of multiple wallet owners. This type of wallets usually allows to set daily withdrawal limits, vote for withdrawals, vote for ownership changes, etc. With the big surge in crypto prices this year, many people are now holding significant amounts of crypto assets. […]

Around Cryptocurrency Service Allows Bitcoin Users to Send and Receive Bitcoin Without a Wallet

CAPE TOWN, South Africa, Nov. 14, 2017 /PRNewswire/ — Around Corporation (Pty) Ltd, a South African company located in Cape Town, has launched their Around Cryptocurrency Wallet Services, one of the tools that allow Bitcoin users to send and receive cryptocurrency without a wallet by direct Bitcoin address to address transfer. This eliminates concerns about wallet hacking and users […]

Monaco Selects Gemalto’s Innovative Metal Card to Bring Power of Cryptocurrency to Every Wallet

HONG KONG, Nov. 14, 2017 /PRNewswire/ — Monaco, the pioneering payments and cryptocurrency platform, announced today that it has selected Gemalto to supply innovative card bodies, among which are high-end metal cards for Monaco’s range of Visa Platinum cards. Such cards, coupled with the Monaco app, deliver perfect interbank exchange rates and up to 2% cryptocurrency […]

‘Accidental’ bug froze $280 million worth of ether in Parity wallet

Millions of dollars’ worth of ether, the digital token of the ethereum blockchain, could be frozen on a cryptocurrency wallet because one individual “accidentally” triggered a bug. Parity, a cryptocurrency wallet provider, said in a security alert Tuesday that it had discovered a “vulnerability” in its wallet that allowed users to change code and become […]

Bitcoin.com Wallet Celebrates 500,000 Downloads in Three Months

This week the Bitcoin.com wallet has reached a significant milestone as we are pleased to announce our wallet app has been downloaded 500,000 times since launching the platform. The landmark shows the rapid growth of cryptocurrencies worldwide as more people are realizing the benefits of decentralized digital assets. Also read: Bitcoin Cash Markets Remain Resilient As […]

Parity’s $280m Ethereum wallet freeze was no accident: It was a HACK, claims angry upstart

Parity’s $280m Ethereum wallet freeze was no accident: It was a HACK, claims angry upstart  The Register ‘Plenty of Time’: Parity Rep Says Startup Won’t Push for Emergency Fork  CoinDesk $150 Million+ in Ethereum Accidentally “Frozen”, May Need Hard Fork  Investopedia (blog) Full coverage Article Source

Ethereum Price Climbs to $325 Despite $150 Million Wallet Bug Fiasco

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The ethereum price appears to have broken out of its prolonged slump, despite lingering concerns over a bug in a widely used wallet that has locked more than $150 million in user funds. Ethereum Price Attempts to Break Out of Slump Ethereum […]

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