Bitcoin Wallet Researchers Slam ‘Inappropriate’ Redditor’s Coinomi Complaint

2019-5-24 11:28

By CCN: CipherBlade, a blockchain security research firm, has published the results of a lengthy investigation into the claims of a Coinomi user. How Were the Funds Truly Compromised? Warith Al Maawali contacted CCN and just about every news outlet he could find with the claim that because Coinomi had sent seed phrases to Google for spellchecking, he had lost his entire life savings.

His goal was to pressure the company into reimbursing him for losses, but it appears that, after extensive research, it’s doubtful that Al Maawali lost his crypto through the fault of Coinomi. It’s more likely that

The post Bitcoin Wallet Researchers Slam ‘Inappropriate’ Redditor’s Coinomi Complaint appeared first on CCN

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Источник: ccn.com

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Redditor Claims Theft of $70,000 in Life Savings Due to Critical Coinomi Wallet Bug

According to cryptocurrency investor Warith Al Mawali, he has lost all of his life savings in the tune of $60,000 to $70,000 on Coinomi, a widely utilized crypto wallet on Android. In a detailed report, Mawali claimed that a critical vulnerability found on the wallet led to the loss of user funds as it compromised the private key of his wallet.

2019-2-27 16:31


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Coinomi Addresses Spellcheck Vulnerability, Accuses Victim of Bitcoin Extortion

CCN earlier reported that Coinomi wallet had a confirmed bug that allowed Google to view the details of a user’s seed phrase. The seed phrase generates a wallet. Coinomi uses a 24-word phrase. It enables a user to regenerate their wallet on any platform, and maintain a simultaneous wallet on their phone and on their desktop.