Yo ,Yo, Yo @SneakGeekZ with another Cryptocurrency news report. The most important issue is discussed at the 7 minutes mark. JAXX wallet users are reporting theft of funds from a vulnerability that was discovered in the Desktop wallet and Chrome extension.
There is a link below to the VXlabs.com article detailing the specific bug and workarounds.
Takeaway do not use the JAXX desktop wallet or Chrome extension until they fix it.
JAXX responded here: https://www.reddit.com/r/jaxx/comments/6gfl4d/easy_extraction_of_the_jaxx_12word_wallet_backup/diq8cs2/JAXX Wallet Vulnerabilty Sources:
https://vxlabs.com/2017/06/10/extracting-the-jaxx-12-word-wallet-backup-phrase/
https://cointelegraph.com/news/jaxx-wallet-vulnerability-users-report-400k-funds-thefts
Additional video sources:
http://www.coindesk.com/bitcoin-drops-300-one-hour-price-falls-abruptly-rebounds/
https://news.bitcoin.com/bitcoin-mines-in-chinese-province-sichuan-allegedly-forced-to-shut-down/
https://news.bitcoin.com/charlie-lee-resigns-from-coinbase-to-focus-on-litecoin/
https://bitcoinwisdom.com/litecoin/difficulty
Music video in the beginning of the video from Tuck Fheman
Thanks for the great info EZ, i've been following you on youtube for awhile now and I really appreciate all the tips and honest information and opinion you are providing your viewers . Great Channel I believe you will grow your viewers more in the days ahead ! Your guidance for people who are new to cryptospace is highly regarded ! More power !
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Wow bro I am humbled. I really hope that folks are benefitting from the info I'm sharing. It's a lot of fun and definitely rewarding. Thank you for the comment and for following me on YT.
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