Daily: MAJOR Electrum Wallet Hack, Binance Reopens!

in #bitcoin7 years ago

Electrum Wallet has a major security flaw that will might allow hackers to steal funds by just browsing websites. Binance Reopens!
0:36 Market Analysis
1:25 Critical Electrum wallet hack
4:21 My views on Ethereum
5:07 Binance Re-opens

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Finance is by far the best exchange right now! I hope they can actually become decentralized!

Guys, if you are wondering why coin prices are dipping on Coinmarketcap, here is why:
https://steemit.com/coinmarketcap/@smallstepschange/breaking-this-is-why-prices-on-coinmarketcap-seem-to-plunge
Feel free to resteem! :)

Thanks very good post !!!! Michael!!!!

Awesome Work!

Keep it up!!!

@cryptoinvestinfo

your CryptoInvestmentExpert

Finally i can open my account on binance and buy some BNB tokens!

Please can you explain how hackers may be able to hack by just browsing?
Also what is the advantage of this binance

Hey, I provided the link to the corresponding github issue. With JavaScript you can scan the JSONRPC port and for unprotected wallets, you will receive an alert giving away the seed like seed: {"id": 0.7398595146147573, "result": "pony south strike horror throw acquire able afford pen lunch monster runway", "jsonrpc": "2.0"}!

Wow, this is quite unsettling! Nowadays it is not really possible any more to have JavaScript deactivated because most pages require it. The best thing might be to use hardware wallets (such as Ledger or Trezor), but they do not support most of the coins so far.

Please don't hold your bitcoin on the regulated exchanges folks. They will serve their own best interests first, not ours.

This is not about an exchange! The flaw is inside a dedicated wallet Electrum, iti is probably the most widely-used light wallet!

Hi Boxmining,
Unfortunately, Binance has not reopened. At least for me, it is not possible to register.
The page https://www.binance.com/register.html says:

Anybody else with this problem?

Yeah, same. Perhaps it reopened and then closed again; not unlike ski hills here in Minnesota this winter after rain in December.

You might be right. It is, however, very unfortunate for those new in the crypto ecosystem who want to buy some new coins.

I'm in MN too! Got the same message...

Its just timing...I am in MN and got my Binance account about two weeks ago. Could NOT open accounts with some other exchanges due to a lack of agreements with the state.

yes I think we missed it :(

thanks for sharing....

great info mate, so many choices of wallets out there ...

Boxmining, please report about all the recent and upcoming Bitcoin hardforks. There are quite a few: https://steemit.com/forks/@smallstepschange/651qu6-bitcoin-forks-latest-overview-forking-dates-block-heights-distribution-ratios-official-homepages
Are they worth the time? Is it secure to claim them?
There is surely a lot of interest in this.