PSA Freewallet and Jaxx Getting Robbed - Over 10 Million USD Stolen

kingscrown (81) · 7 years ago

This post is about people reporting they lost funds due to using 2 wallets. Its a PSA post - Please Stay Aware.

If super skilled guys like transisto or andu want to argue about Jaxx exploit - please do it with finder whos linked in article https://vxlabs.com/2017/06/10/extracting-the-jaxx-12-word-wallet-backup-phrase/

Im not as skilled as you two to say hes wrong.

And people moving coins to other wallets due to my post are not losing anything, but people NOT moving coins if this PSA is real will loose.

$164.60

8 votes

lances (47) · 7 years ago

@kingscrown, while I've enjoyed a number of your posts, I am concerned that this one crosses the line into irresponsible reporting. For those of us who are sufficiently fluent in the technical underpinnings of this Jaxx "bug", the truth is that this is a far cry from "the sky is falling". Seeing the nature of responses below from folk new to crypto confirms that your directive to "move coins out ASAP" makes this sounds like everyone is screwed. Period. Which is unfortunately far from the truth. I really am sorry that I cannot Upvote this one.

As far as the "bug",

Is this an undesirable feature of Jaxx, YES.
Will everyone, everywhere lose all their coins, NO.
Will Jaxx "fix it"? They have indicated they won't, but before you crucify them, speaking from experience as a developer the solution may be more complex than you imagine and could break more things than it fixes.

The best thing we can offer to all the newbies out there is accurate, understandable information on both the capabilities and the responsibilities of this technology. Some simple, basic steps when choosing a wallet and how we secure it can go a long way toward preventing all these supposed terrible things happening.

For those who have read this far, the effect this Jaxx function has on the safety of your coins can be compared to your physical wallet or purse(for those who carry one). Would you really want to walk down the street just hanging it out there for anyone to easily see or grab? Would you leave it unattended on a bench at the city park?

So, what should you do?

If you are super paranoid, switch to a paper wallet. A good tutorial can be found here and some warnings here.
If you want to keep your wallet on your computer or phone, then keep the device secure. That means:
a. Keep it patched and updated.
b. Make sure you have a "not easy to guess" password or passcode.
c. As exciting as it might be to jailbreak your iPhone or Android, please don't keep your wallet on there. You are just asking for trouble.
You know the whole "don't click on a link or open an e-mail you weren't expecting"? Seriously, that's how the bad guys get you almost every time. Stop it. You might have all the other precautions in place, but by clicking, you just opened the front door of the house and invited them in.
Don't connect to the Internet without protection.
a. Please put some kind of router/firewall between your computer and your internet connection at home (cable, DSL, fiber, whatever).
b. Think twice (or thrice) before connecting to that "Free WiFi" when you are out and about. It always comes at a cost.

So, maybe I am just a minnow swimming upstream, but for me, I am keeping my Jaxx wallet and already had protections in place to ensure no one can get access to it for the ten minutes they need to crack my backup phrase.

$131.26

kingscrown (81) · 7 years ago (edited)

Thanks, i did not say anywhere everyone on Jaxx will loose money, i said if you have money there - move them for safety ;) The post was done as PSA, nothing wrong moving your coins out till this bug is fixed!

anyone with 10 second access to you network

Also please notice this post is about TWO wallets of whom users reported lost coins.

All i say - move out and be safe.
Possibly most people dont get what PSA means.

PS. I do love Jaxx and my network is secure, but many people could have their networks hit.
Better be safe than sorry. If you know what your doing - good, if you are not sure - move for now.

$13.67

8 votes

karlm (25) · 7 years ago

Exodus wallet is good to use and pretty secure thanks for info 👍 Paper wallets all the way don't keep your wealth in a exchange get them off line soon as you can😀

$0.48

http://prntscr.com/fk7lib

dctalkz (28) · 7 years ago

In case if any of you are curious whether the Exodus Wallet shares similar vulnerability, I've emailed the exodus support and received the following reply:

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potopower (25) · 7 years ago

Thank you for the information. I have Exodus and was curious if the same could happen. Regardless, just reinforcement that larger amounts of coins should be kept in paperwallets.

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lances (47) · 7 years ago

I hear you. For small players, though, the mining fees to keep moving your coin around adds up.

Gauge the reaction of your readers and adjust as you go.

Cheers!

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kingscrown (81) · 7 years ago

All good man :)

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ronel (61) · 7 years ago

@kingscrown what is PSA?

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andu (58) · 7 years ago

This is superbly put. Thank you!

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lances (47) · 7 years ago

Thank you for your kind words and vote!

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thehulk (58) · 7 years ago

Great post i saw that freewallet just scamming ETH out of so many users it is incredible.

$93.10

https://twitter.com/Soul_Eater_43/status/874446675921829889

thecryptofiend (74) · 7 years ago

Please help spread the word on Twitter:

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earth2sole (25) · 7 years ago

Spread this to people who still have their money tied up on Jaxx.

Jaxx_Annie said on this reddit thread (https://www.reddit.com/r/jaxx/comments/6gpurq/limit_on_send/):

"No worries! We're actually working on a new security model as we speak. We'll update you all shortly :)"

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thecryptofiend (74) · 7 years ago

I like the Jaxx wallet so I hope they get this fixed.

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yogeshchamoli (36) · 7 years ago (edited)

Well I have been using Jaxx for the past 4 months and still using it. My Eth and Dash are still safe. And I'm going to stick to Jaxx as it is one of the best multiWallet.

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8 votes

locos (44) · 7 years ago (edited)

I am sticking to Jaxx too as in my opinion its not one of the best but the best multi currency wallets out there for small amounts. I have the mobile iOS version which I think is safe enough for the small amounts i keep on there. BUT what might have been safe 4 months ago can be very unsafe today and I wont hesitate to move my funds the moment I read and article that convinces me that Jaxx is unsafe for iOS.

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galactic123 (54) · 7 years ago (edited)

Yes, I keep small sums on Jaxx as well. I guess it is unwise to have very large sums all in one place. If I had a large amount of crypto I'd probably split it in different places.

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locos (44) · 7 years ago

Yeah that's the best way to do it. Luxury problems though, wish i had those issues. ;)

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leprechaun (56) · 7 years ago

By itself this problem doesn't make your eth vulnerable

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newtechie (39) · 7 years ago (edited)

Just spread words on twitter , follow https://twitter.com/Soul_Eater_43 for bitcoin updates team

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twitterbot (56) · 7 years ago

The Cryptofiend tweeted @ 13 Jun 2017 - 02:01 UTC

Very worrying: PSA #Freewallet and #Jaxx Getting Robbed - Over 10 Million USD #Stolen — @Steemit #bitcoin @jaxx_io… twitter.com/i/web/status/8…

Disclaimer: I am just a bot trying to be helpful.

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fminerten1 (66) · 7 years ago

I'm not worried.

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transisto (74) · 7 years ago (edited)

Such bad reporting,

anyone with 10 second access to you network can get all keys to your wallets due to seed Jaxx generates.

It's physical access to device storage, very hard on a pin locked phone.

This is proper reporting : https://steemit.com/cryptocurrency/@steemitguide/jaxx-security-and-exploit-allows-easy-extraction-of-the-jaxx-s-wallet-12-word-backup-phrase
(2 days ago)

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andu (58) · 7 years ago

Somewhat true. On a phone it's almost impossible to get to the files containing the encrypted mnemonic. Hard code encrypted as it is. The apps are sandboxed. If you choose to hold your coins on a rooted phone, well that's your problem right there.

Secondly, the desktop side which is more exposed. The hacker needs access to your drive, to your files. If you can't secure your computer to not be breached, then again, you shouldn't be holding Jaxx or any wallet on your desktop.

They are comfortable with this approach for the moment as some of the responsibility is also in the hands of the coin holder. There are also developments to increase security.
Stop spreading FUD @kingscrown. People that have these levels of breaching should get their own security on par with the industry trend. If you forget your credit card on a counter, is it the bank's fault that your funds get stolen?

$6.02

earth2sole (25) · 7 years ago

Jaxx_Annie said on this reddit thread (https://www.reddit.com/r/jaxx/comments/6gpurq/limit_on_send/):

"No worries! We're actually working on a new security model as we speak. We'll update you all shortly :)"

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folly (25) · 7 years ago (edited)

Thanks, for the info. I just lost some bitcoins to hackers that stole it from my third party wallet . Security is really a BIG challenge to cryptocurrency. This will discourage many from investing in crypto.

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ezina (25) · 7 years ago

He could be a CIA mole on Steemit--tons into cryptos, trying to sabotage anyone who makes too much money like beating down silver and gold when they rise too high. Creates lack of trust in cryptos. Theft event may also be Fake News--may never have happened. Also all browsers are viewed by CIA, NSA--anything non-encrypted. Write down password immediately on a piece of paper and delete from laptop--breach could have occurred with unencrypted password viewed by owner on laptop.

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lazybits (43) · 7 years ago

I was wondering about this. Nobody has 10 second access to my phone. I treat that thing like a physical wallet.

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ezina (25) · 7 years ago (edited)

True and most Democrats will try to sabotage Crypotocurrencies. Democrats live on triple bookkeeping entries and ledger legerdemain. Rogues are rogues and rogues by nature destroy--that's all they do--no values. A danger to cryptocurrencies. Hundreds of CIA Deep State guys and gals are surely into cryptocurrencies trying to destroy them.

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transisto (74) · 7 years ago

Me think you're responding to wrong comment.

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robbieretard (48) · 7 years ago

Wonderful times ahead as the crypto community try to avoid theses baddies. Decentralised exchanges are one way so we can avoid by bypassing the likes of Coinbase, Kraken and other centralised exchanges

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tvulgaris (47) · 7 years ago

Decentralization is probably the BEST security possible within the current system, as the per-account cost remains additive, rather than anti-log.
That will become moot when the baddies get access to quantum processing.

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tdeezi (44) · 7 years ago

right... trolls everywhere . such bad reporting .

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the-commentator (53) · 7 years ago

Do you use coinbase? How secure is it please and please is there any platform to trade btc in Africa?......am a crypto rookie please, pardon my intrusion!

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tdeezi (44) · 7 years ago

coinbase is cool to buy crypto but don't store it there.. download Jaxx or get a Ledger S Nano hard wallet to store your crypto. Never keep crypto on an exchange like coinbase thinking it's a wallet...

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coinhowto.com (25) · 7 years ago (edited)

If you cannot use Coinbase try Xapo

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deez (46) · 7 years ago

Lol upvoted

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galactic123 (54) · 7 years ago (edited)

I guess if people leave heir mnemonic lying around and if people don' set up a pin code then safety is pretty much zero. Otherwise I think most wallets are more or less equally safe (or unsafe? lol).

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earth2sole (25) · 7 years ago

Jaxx_Annie said on this reddit thread (https://www.reddit.com/r/jaxx/comments/6gpurq/limit_on_send/):

"No worries! We're actually working on a new security model as we speak. We'll update you all shortly :)"

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digicrypt (60) · 7 years ago

Is there a link between jaxx.io and freewallet?

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15 votes

kingscrown (81) · 7 years ago

Dont think so, but two wallets are getting emptied now

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digicrypt (60) · 7 years ago (edited)

Also...just found this article about the security flaw that was posted yesterday??
Weird
http://www.newsbtc.com/2017/06/11/anyone-can-extract-jaxx-wallet-mnemonic-seed-developers-will-not-fix-problem/
"To put this into perspective, it appears the Jaxx team is aware of this problem. However, the team has no intention of fixing this flaw by any means."
What is going on here?

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kingscrown (81) · 7 years ago

I knew it since some time but didnt look like good enough for a post here. 2 hacks.. now we are talking!

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digicrypt (60) · 7 years ago

The news is going to have a field day with this...

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topnetworkeral (47) · 7 years ago

whoa; everything about that sounds super bad -

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andu (58) · 7 years ago

there isn't a flaw per se. If a hacker get access to your computer are you really concerned just about your Jaxx data. c'mon people... keep your devices secured and nobody will steal your funds.

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digicrypt (60) · 7 years ago

wow....very troubling...
It is a bit strange because Coinbase also had a lot of issues today, ppl couldnt access funds etc..
https://steemit.com/cryptocurrency/@digicrypt/coinbase-having-major-issues
I know it is completely different and most likely not at all related, but it is weird to see this level of disruption in the sector, especially when the markets are in a sea of red. (Other than ETH) Thank you for the heads up I will resteem this.

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casperfund (31) · 7 years ago

My ETH transaction through coinbase has been pending for over 10 days now. Withdrawn from my account but something is going on and its starting to stink.

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maxse (60) · 7 years ago

Horrible to see.

https://freewallet.org/ always looked like a scam. xD
Why else would you set up a shitload of wallets, and have no way to make profit.

Thanks for bringing this to the masses!

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12 votes

kingscrown (81) · 7 years ago

i have no idea, never heard of it till i saw all news of their wallets getting empty

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maxse (60) · 7 years ago

damn.. never knew they had so many users...
it's always hard to trust online wallets

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topnetworkeral (47) · 7 years ago

What kinds of Wallets do you trust most? -- SO far, I like wallets that give me both an app, and an online back up - but am wondering about the actual desktop (downloadable programs) if that makes sense; I'm thinking about getting into PeerCoin and looking for a good Ripple Wallet - (other than Gatehub)

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maxse (60) · 7 years ago

I trust all wallets where I am the only person who has the private keys ;-)
-Openledger: Decentralized Exchange
-Core wallets
-Paper wallets

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johndarcy1994 (47) · 7 years ago

freewallet is still running and i still have my balance on it though

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maxse (60) · 7 years ago

Lucky!

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thought.rush (33) · 7 years ago

Ledger Nano S has announced support for Ripple and Stratis recently, I think Lisk soon. I have just bought a matched pair (1 for use, 1 for backup) for less than $200USDT - to distribute more amongst my present Ledger Nano and airgapped machine, and paper-wallet (gift-card) regimen. At this stage of the game, hardware wallets seem the pick of the bunch, now beginning to make sense for hodling altcoins.

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aaron27 (25) · 7 years ago

follow me and IFollow you Back.
Sorry Newbie here.😣

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6 votes

louisnelza (46) · 7 years ago

Definitely a scam! Wrote a post about it. https://steemit.com/steemit/@louisnelza/do-no-use-freewallet-org-steem-wallet-dodgy

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buster544 (52) · 7 years ago

Jaxx wallet? So where is the safe haven now?
So many people new to this and then find out the whole thing is as unstable as the damn banks! What does everyone recommend then?
If you download to Jaxx but then a hard wallet shouldn't you be ok?

$0.76

11 votes

blakemiles84 (67) · 7 years ago

take a look at the bitshares platform. similar security to steemit, built by @dan

good stuff.

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buster544 (52) · 7 years ago

Thanks will do

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wthomas (56) · 7 years ago

A hardware wallet is the safest bet at the current moment.

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ambedextrous (32) · 7 years ago

Are you talkin a wallet made from leather Or is a 'hardware wallet' a thing? Newbie here can you maybe expand on that ? :) Thanks

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crooklyncat (44) · 7 years ago

Look into Trezor, Ledger nano, paper wallets, etc..go from there.

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ambedextrous (32) · 7 years ago

Awesome, Thanks man.

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locikll (55) · 7 years ago

Definitely, I would recommend having multiple hardware wallets (as backups) for redundancies, also make sure the wallets are offline (combination of USB Ledger + always offline laptop would work).

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buster544 (52) · 7 years ago

I can't agree more and it's like everything else it's either in your hand or not. At least a hard wallet is disconnected from any device. Thanks for the reply.

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adriansaninja (45) · 7 years ago

Myetherwallet.com is good, used it to register adrianroberttorres.eth which is my ether address now lol

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carface (63) · 7 years ago

The sooner Trezor supports much more cryptos the better for everyone.

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htliao (76) · 7 years ago (edited)

Upvoted and resteemed. I wanted to try this wallet before as it is the only IOS wallet for Ethereum I know so far. I am so glad that I didn't do so. The wallet is close-source and I use Bittrex to store most of my cryptocurrency instead, except Bitcoin.

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18 votes

kabrink (43) · 7 years ago

get a Trezor - it can accept btc, dash, zcash, eth, etc, and all eth tokens - at the moment, I'm sure more are to follow

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wthomas (56) · 7 years ago

And recently litecoin, although its on a beta wallet server.

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kabrink (43) · 7 years ago

hmm, cool did not know that

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libert (63) · 7 years ago

After hearing about free 20$ dash, i wanted to give it a try but after seeing it's rating on Google play i held myself back, and went for Coinomi, glad i did.

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16 votes

randowhale (67) · 7 years ago

This post received a 45% upvote from @randowhale thanks to @kingscrown! For more information, click here!

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marsresident (60) · 7 years ago

If we can get STEEM in the news, we can get it over $5 each.

Everyone should use this Media email list (3000+ contacts)
https://steemit.com/steem/@marsresident/how-you-can-help-get-steem-in-the-news-simply-using-your-email

And send them this:
http://www.reuters.com/article/us-currency-steem-idUSKCN0ZS2MF

And this:
https://coinmarketcap.com/currencies/steem/

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tomm (47) · 7 years ago

God thats HORRIBLE! Not the first time this happened..

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10 votes

starline (56) · 7 years ago

Why people use online wallets?!Stop it!

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6 votes

sinistry (55) · 7 years ago

So what is a safe multi currency alternative for iOS?
I've been looking for something for weeks but keep coming up empty. I'd rather have my coins stored on my device with a paper backup but so far nothing out there is sufficient to keep my various coins in one place and accessible from my mobile so I can spend if I need them. I'd LOVE any suggestions.

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ryan313 (57) · 7 years ago

Hey found you again ! Thanks good read!

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https://steemit.com/cryptocurrency/@kyle.anderson/no-jaxx-for-monero-not-as-big-of-a-deal-as-you-might-think

kyle.anderson (60) · 7 years ago

And this is why closed source wallets are evil.

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arcange (73) · 7 years ago

Congratulations @kingscrown!
Your post was mentioned in my hit parade in the following categories:

Upvotes - Ranked 1 with 1323 upvotes
Comments - Ranked 2 with 262 comments
Pending payout - Ranked 1 with $ 2185,99

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pvthudson (27) · 7 years ago

The Freewallet incident hasn't been confirmed yet. The guy who started the Reddit thread may have gotten the pitchforks in too early. He's currently in communication with their support staff.

While I do not use Freewallet (I haven't even heard of it until today) I do hope that no one is actually affected and that the issue will be resolved tomorrow. I recommend that people just keep calm and wait.

If it turns out that nothing actually happened, just maintenance or something like that, I'm sure that a lot of people will feel stupid and the company's public image terrible. It already looks like it is destroyed.

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kingscrown (81) · 7 years ago

Thats why its PSA - move out, wait, see what happens

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http://decentral.ca/jaxx-balance-security/

rollinsoul (26) · 7 years ago

did some research and found this blog from Jaxx CTO. Jaxx is a hot wallet suitable for small amount of fund

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timbrockley (52) · 7 years ago

scary stuff.

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flatearth (60) · 7 years ago

THANKS KINGSCROWN! :) FEPE APPROVES THIS IMPORTANT MESSAGE :)

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yacov (47) · 7 years ago

HEY GUYS - REMEMBER!!!! ...your cryptocurrencies are safe ONLY in a cold storage wallet

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krypto101 (49) · 7 years ago

Damn, thats no good

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fronttowardenemy (57) · 7 years ago

Man, this sucks. Thanks for getting the word out.

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pastzam (55) · 7 years ago

Is this FUD? Is this real? Does anyone close to jaxx knows more details?

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nandibear (52) · 7 years ago

I can't say for certain but I doubt that kingscrown would be circulating FUD around

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andu (58) · 7 years ago

it is FUD. The pin is being put on Jaxx yet is everyone forgetting that a hacker would need to access your actual storage first? Why aren't you securing your devices in the first place?

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kingscrown (81) · 7 years ago (edited)

Its not FUD, its PSA. I dont make any money if you loose or keep your BTC, i give advice on what currently people report.
FUD is a method used to make something worth less to gain profit. I dont get any profits, i only give a friendly hand but im sure any way to attack me is great.

Say im a bad man for trying to help others not loose money. Im sure loads of Steemit users did use wallets in wrong spots and could have their passwords extracted.

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andu (58) · 7 years ago

Your are causing panic with this article.

There was a bug found in Jaxx.io wallet lately

This is incorrect. A bug means something is not working at it should. The current encryption design is intended.

anyone with 10 second access to you network can get all keys to your wallets due to seed Jaxx generates.

Ensure that you don't let intruders on your network or let them access your files and you're 100% safe.

You are not mentioning all the facts and spreading Fear, Uncertainty and Doubt.

Non-rooted Androids and non-jailbreaked iPhones are not exposed to this at all due to app sandboxing! You don't make that clear and it's certainly bad reporting to mention only the sensational part.

YOU ARE MAKING MONEY form the rewards of this post. If you were so concerned about the user's safety why no post it with denied payments? Stop acting like you're doing others a favor c'mon, you're pocketing close to 2 grand from this foolish news.

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leprechaun (56) · 7 years ago

And howdoes the hacker open sqlite from another device on your lan?

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https://steemit.com/bitcoin/@angelgarz/security-problem-of-jaxx-wallet-anyone-can-extract-your-seed

angelgarz (61) · 7 years ago

Hi @pastzam i wrote a post about that at the bottom are the sources

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pastzam (55) · 7 years ago

Thanx

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maliselo (32) · 7 years ago

Jaxx wallet so tough

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silver-saver (44) · 7 years ago

Thanks for the news- that's awful!

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weareone (40) · 7 years ago

Making long story short. People using this wallets should keep the Jaxx desktop app’s local storage directory on an encrypted filesystem which you only mount when you’re using Jaxx.

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nandibear (52) · 7 years ago

Hi kingscrown good to see your here at Steemit (I usually read your stuff at https://forum.bitcoin.com/kingscrown-u1564/posts/ too!!)

Thanks for the helpful info regarding Jaxx.io

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kingscrown (81) · 7 years ago

you must be a bot since i post rarely there, but im a moderator :)

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nandibear (52) · 7 years ago

No I'm not a bot... I'm a moderator over there too.. https://forum.bitcoin.com/nandibear-u4151/

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nandibear (52) · 7 years ago

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pocketechange (58) · 7 years ago

Seems like all some people do is resteem and they're making a fortune...
Where do I sign up...???
@pocketechange

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skyefox (60) · 7 years ago

So why is Eth skyrocketing? Shouldn't a massive dump be incoming?

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transisto (74) · 7 years ago

Apparently it's a centralized wallet and they are just moving money around.

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kingscrown (81) · 7 years ago (edited)

That would be great! For now all people are scared and keep posting about stolen funds.
Jaxx bug is known since some time though, its real for sure.

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transisto (74) · 7 years ago

Very possible stolen, at first I tought 8m ETH, no dump, impossible, 20k ETH is nothing... so quite irrelevant.

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earth2sole (25) · 7 years ago

Jaxx_Annie said on this reddit thread (https://www.reddit.com/r/jaxx/comments/6gpurq/limit_on_send/):

"No worries! We're actually working on a new security model as we speak. We'll update you all shortly :)"

Some hope for people who still have their money tied up on Jaxx.

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earth2sole (25) · 7 years ago

Help spread this to people who haven't heard!

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steemradio (60) · 7 years ago

This is bad news for the crypto world!

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stackin (78) · 7 years ago

Wowzerz!!! Always protect your money guys! 🙌🏼🙌🏼🙌🏼

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kaktus12 (31) · 7 years ago

Everywhere scammers... sad.

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stillwater (61) · 7 years ago

What about bitaddress. org for online cold storage? Any thoughts?

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aaron27 (25) · 7 years ago

follow me and IFollow you Back.
Sorry Newbie here.😣

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floridanow (61) · 7 years ago

what wallet is recommended and stood the test of time?

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aaron27 (25) · 7 years ago

follow me and IFollow you Back.
Sorry Newbie here.😣

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floridanow (61) · 7 years ago

no problem....we all start somewhere....at Steemit we pay it forward and now you can help another :-)

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aaron27 (25) · 7 years ago

Thanks. . I saw your profile..Wow.. I think you've got a huge Pay.. Is it real? ...

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floridanow (61) · 7 years ago

not me.....you have me mxied with somebody else.

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aaron27 (25) · 7 years ago

you have a lot of followers too.. Wow.

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floridanow (61) · 7 years ago

:-)

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pvthudson (27) · 7 years ago

I mostly use the coin's official wallet. For Ethereum I use Mist. It's a pain in the ass to sync but then I realized there's a quick sync option which finished the whole thing in less than 5 minutes. As long as you make backups of your keystore, you should be fine.

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floridanow (61) · 7 years ago

thank you....

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timepay (25) · 7 years ago

God....I am using Jaxx

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yann.moalic (25) · 7 years ago

They have to make money by any ways, Never trust non open source projects

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akashsaha90 (25) · 7 years ago (edited)

@kingscrown thank you very much for this article. It is very challenging to keep everything secured in cryptocurrency. And also followed you.

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rafael1983 (44) · 7 years ago

WTF

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aknight45 (25) · 7 years ago

update, I was able to get my eth out last night around midnight central time. The first transaction i did earlier in the day is still pending and it says becuase of the bancor ico. that was for only .01 eth though. Im not worried. I just got everything out. So it went through, I just dont know how...

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nonio (40) · 7 years ago

Thanks. I've been running Jaxx for 2 weeks...thought it was the safest way to go. Any recommendations for macOS?

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creativekyu (47) · 7 years ago

thanks for suck a good news :)

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bibek (54) · 7 years ago

Thank for sharing the news..worried about my coin.upvoted & resteemed

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whitey420 (49) · 7 years ago

Upvoted & Resteemed... I use Coinomi because I've heard good things. Can this hack happen to any wallet or only the idiots running these companies?

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whitey420 (49) · 7 years ago

Watch the address taking all the ether: https://etherscan.io/txs?a=0x11b85b4e2fadaebe04a251377aa35b9be3c785f0&p=92

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tvulgaris (47) · 7 years ago

No, it can only happen to idiots who do not PHYSICALLY SECURE their hardware- which, given the attitude of Jaxx management, they assume they're immune to this attack, and probably are.

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dream.pro (2) · 7 years ago

Love will save the world!

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nuedareniel (49) · 7 years ago

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battleaxe (69) · 7 years ago

who pimps this, oh right, the same ones involved in all other shit

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nitza (49) · 7 years ago

Gracias por la noticia, pero nada agradable

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mynameisbrian (73) · 7 years ago

I thought this only affected those that ran the Desktop client?

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lanceman (53) · 7 years ago

Eiahhhhhh ! There doth exist a crypto-bug ! Yikes !!

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pimpmoney (43) · 7 years ago

what a joke

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john1981 (37) · 7 years ago

Thank you for the heads up, just moved my coins out of Jaxx

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joshsigurdson (76) · 7 years ago

I can't even move out, all the exchanges are taking like 10 hours or more...

What wallet do you recommend?

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aaron27 (25) · 7 years ago

Just Planned to Invest and Use that wallets..
great to see this post. Hays.
I already invest in BTC but unfortunately its price is falling.😣

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alokkoshal (55) · 7 years ago

Thanks for informing sir :)

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Follow me https://steemit.com/etherium/@abhi4649/is-etherium-challenging-bitcoin-etherium-surged-to-new-high-around-406usd

abhi4649 (26) · 7 years ago

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bodymatrix (42) · 7 years ago

nek minute govs are making laws to protect your money and take away your freedoms

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senor (48) · 7 years ago

Damn that is some madness.

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anacristinasilva (67) · 7 years ago

Oh my gosh ! Very odd this and worrying.

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drpuffnstuff (60) · 7 years ago

Snap. Well guess I better get mine out of jaxx tonight. Thanks for the warning! Mine was still in there luckily. All these things that happen like this are bad for crypto and it sucks!

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andy23 (41) · 7 years ago

I feel sorry for their loss.. :/

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siddartha (63) · 7 years ago

Wow, Jaxx was supposed to be safe haven for coins. So that long random phrase was totally useless or basically nothing is safe.........

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skririm (52) · 7 years ago

Coinpyments wallet had a glitch with their ripple wallets this week, alot of balanced are emptied (just like mine)... 😕... I've started to make paper wallets on a offline Linux PC...

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u12 (45) · 7 years ago

thanks for your posting. I'll resteem and also tell other users about this..

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akkha (59) · 7 years ago

Sad News !

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inity (55) · 7 years ago

Damn multiwallets. Just use the core fucking wallet for every coin and you're pretty much golden.

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rlavie985 (41) · 7 years ago

Thank you for posting! I will let everyone I know about this hack. best, @altcoinusa

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pxmedusa (38) · 7 years ago

HiJaxxed..

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dean18 (48) · 7 years ago

Every time you come up with something awesome an beneficial there is always someone who'd try to take away that happiness sad.

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samether (58) · 7 years ago

I have a feeling I was robbed disguised as "transaction fee"....

Anyone here paid 66$ to send BTC anywhere??

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alphacore (64) · 7 years ago

well.. with a name like Jaxx you should expect things are stolen (jacked) lol, jokes aside I'm sorry to anyone this affected

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writingamigo (69) · 7 years ago

It is crashing!!! I told you all!!
But seriously, what's up with people using online wallets?

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sinistry (55) · 7 years ago

So what's a good multi currency wallet that stores only on your device?

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lbrt (40) · 7 years ago

I've always found it a bit questionable that Jaxx is not open source. It's hard to establish trust if you can't have another party verify the code.

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greatvideos (59) · 7 years ago

Fuc......k that
Is there any way to have your coins refunded/returned
I lost some Sc from poloniex recently opened a ticket but I am waiting for 2weeks now without answer from polo

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crisgojar (54) · 7 years ago

This bad news although I'm using this wallet its better to do something about this thing. Upvote and follow you @kingscrown

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raymonjohnstone (62) · 7 years ago

Holy cow, I am glad I stayed away from these guys. Cheers for posting man.

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newtechie (39) · 7 years ago

Thanks @kingscrown for this news (y)

=> Protect your money guys!

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itsmee.bosslady (53) · 7 years ago

Yikes I heard about this earlier today, glad I moved all my coins ok sorry not everyone will be able to say the same

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niking (44) · 7 years ago

That's why I'm using a TREZOR...

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surgeo (32) · 7 years ago

This is so scary I used jaxx wallet once to sweep dash paper wallet and thankfully didn't use it again after transferring funds out. Also only the other day I was about to download monero wallet from freewallet.org but again thanks to the negative comments at the android store I opted out, so glad I did. Wow.

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kenhudoy (61) · 7 years ago

nice post although some of us that are not very complex like you on cryptocurrencies and new on steemit need better clarification.

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krgf1motors (40) · 7 years ago

Thanks good news

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sanees (54) · 7 years ago

What happens to these users? coins are gone for ever?

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earthalliance (25) · 7 years ago (edited)

That is why it is important to use 20+ character passwords

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coindaddy (37) · 7 years ago

I have download jaxx week ago. I plan to use it this week. Thanks of your news.

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basscadet (25) · 7 years ago

I have a few ICO stashes and some ETC in a jaxx wallet on a dedicated android wallet phone. I have a PIN and an encrypted filesystem. Am I safe? Do I need to move my coins and tokens elsewhere until this is resolved?

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ogoowinner (70) · 7 years ago

Wisdom demands that you move it......... wait..... until it's confirmed.

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majorleaguemarc (50) · 7 years ago

Wooow! I really expected more from them :\

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rarcntv (52) · 7 years ago

wow. interesting stolen news. upvote

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aaron27 (25) · 7 years ago

follow me and IFollow you Back.
Sorry Newbie here.😣

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gdouramanis (40) · 7 years ago

thanks for your informations!

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gheidyart (32) · 7 years ago

Nice

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fremecraiche (35) · 7 years ago

So any of you fell victim to this? Everything is still there in my Jaxx wallet. Always loved the functionality, completeness and shapeshift on board.

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the-commentator (53) · 7 years ago

I hoped coinbase is safe, that is where my entire life is........!!!

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sreejon (25) · 7 years ago

will it affect on price of eth?

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andrewgenaille (67) · 7 years ago

I convinced my brother to put Jaxx on his phone a day before this happened, but we didn't move any money over into it.
He's completely out of crypto currencies now.

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karlm (25) · 7 years ago

Hi thanks for info I posted a few days ago about freewallet.org warning people it was a scam about there free steem wallet too and how bad it is they don't send funds and basically denie you access to your funds it just says transaction failed

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goingmobile (49) · 7 years ago (edited)

Does Ethereum Wallet really work on mobile with the blockchain size? I'm having trouble about to run out of disk space on my laptop as the blockchain has swelled to 70 GB+; lite version on mobile?

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pvthudson (27) · 7 years ago

Use light sync:
https://www.reddit.com/r/ethereum/comments/669cn9/how_to_use_the_geth_light_client_in_combination/

It takes 5 minutes to sync and uses only 400 megabytes of space.

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