A security weakness has been revealed in many popular mobile bitcoin wallets. Although this is not a critical vulnerability, the general rule of thumb still applies: keep only a minimum of digital currency on your phone. Longer term storage should be executed in a more secure manner, such as a paper wallet or hardware wallet.
In this video, we dig into the detailed implications of this discovery.
Source: https://www.coinbureau.com/news/jaxx-bitcoin-com-wallet-vulnerabilities-discovered-researchers/
This episode is sponsored by KeepKey: The Simple Bitcoin Hardware Wallet. KeepKey is a hardware wallet that secures bitcoin, ethereum, litecoin, dogecoin, dash, and bitcoin cash. Your assets are protected from hackers and thieves.
Pick up yours today at https://keepkey.com.
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I see how it isn't such a whopping security issue, but storing your PK's in plaintext is still wrong. They should apply some kind of encryption there :/.
I use the Bitcoin.com wallet. It's great in its simplicity, but it's not perfect. The good news is that it's updated regularly.
Edit: Yeah, I see now that it's even less of a problem than I thought.
https://www.reddit.com/r/btc/comments/814equ/vulneribility_bitcoincom_wallet_stores_mnemonic/dv16wo3/
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Can you purchase btc or bch with a credit card using that wallet?
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Yes
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