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China-based ImToken, one of the first cryptocurrency and Ethereum wallets to be listed on the Apple App Store, has processed more than $35 billion in deposits over the past few years, surpassing Coinbase. Similar to Blockchain, MyEtherWallet, and MyCrypto, ImToken is a free and non-custodial wallet that enables users to store, send, and receive cryptocurrencies … Read more
It is not the first time someone has managed to steal Ethereum. Unfortunately, such incidents have only become more apparent and gotten worse over time. It seems MyEtherWallet has fallen victim to yet another hack, even though the platform itself was apparently not to blame. Instead, the platform’s SSL certificate was “targeted” in an attack. Another MyEtherWallet Incident Takes … Read more
DNS attacks can manifest themselves in many ways, all targeted against the Domain Name System that connects the internet. At best they’re an inconvenience, knocking websites offline or preventing access, and at worst they’re costly, as this week’s $150,000 Myetherwallet hijack demonstrated. When you’re interacting in the crypto space, here are a few ways to … Read more
MyEtherWallet users are in an uproar after approximately 250 ETH, around $150,000 worth, went missing since a Domain Name System (DNS) server attack began Tuesday at noon, redirecting visitors to a phishing site. Kosala Hemachandra, Founder and CEO of MyEtherWallet, released this comment fifteen minutes after the attack: This redirecting of DNS servers is a decade-old hacking technique that … Read more
Myetherwallet (MEW), the web’s most popular client-side ethereum wallet, has been compromised by a DNS attack. Numerous users are reporting missing funds and Mycrypto, a sister site which spun off from MEW earlier this year, has confirmed as much. The incident highlights the dangers of relying on a centralized interface, even when the funds are … Read more
MyEtherWallet (MEW) exploded in popularity among ERC20 investors looking for a solid wallet, and also as a useful tool for ICOs. Two months ago, when MEW seemed to have rebranded to MyCrypto out of nowhere, the community was confused and outraged due to the limited and conflicting information that was released. For the first time since that event, Kosala … Read more
Most Ethereum enthusiasts have come across the MyEtherWallet service at some point in their lives. It is a convenient web wallet solution for both Ethereum and ERC20 tokens. Moreover, it supports authentication with hardware wallets for additional security. It seems a new era is upon us as far as MEW is concerned. A code “fork” is … Read more
Myetherwallet, the web’s most popular client-side ethereum interface, has announced a surprise rebrand. The service will henceforth be known as Mycrypto following an acrimonious split. The sudden move took one half of the Myetherwallet team by surprise, who claims the “Twitter handle was changed without knowledge or permission of MEW’s founder”. It has also emerged … Read more
MyEtherWallet (MEW) is one of the most well-known wallets for cryptocurrency, and has had a flawless reputation thus far. Now a whole controversy on censorship, a potentially fake “rebranding” is in the works as the MEW team has splintered. A Social Media Takeover It all started when MEW co-founder, Taylor Monahan (AKA “tayvano_” on Twitter … Read more
When starting out with cryptocurrency, it is essential for users to set up a crypto wallet that both is secure and allows for financial flexibility (ease of exchange, streamlined transfers, and so forth). Today, there are wallets that can be hosted online, procured in the form of a hardware entity, or accessed on a computer. However, most users have … Read more
