Warning: Some Apps Are Searching Your Phone for Seed Phrases in Screenshots

According to Kaspersky, a Russian cybersecurity firm, several apps available in the Google Play Store and the Apple App Store contain components capable of scanning images that include cryptocurrency seed phrases. Seed Phrases Stored in Screenshots at Risk, Kaspersky Warns Kaspersky, a cybersecurity firm of Russian origin, has warned about a new threat that targets […]

What is a seed phrase, and why is it important?

It’s crucial to securely back up and store your seed phrase in multiple safe places, ensuring that you’re the only one who can access it when needed.This post was originally published on this site

Crypto wallets explained

Instead of holding physical money, crypto wallets store private keys — digital codes that give you access to your cryptocurrencies.This post was originally published on this site

Crypto Portfolio Tracker Coinstats Confirms Security Breach; Temporarily Shuts Down App

According to the crypto portfolio tracking app, Coinstats, suspected North Korea-linked hackers are believed to be behind the security breach on June 22, which impacted 1,590 user wallets, The Coinstats team has advised users with affected wallet addresses to immediately transfer their funds using their exported private keys. Coinstats App Shut Down Coinstats, the crypto […]