Daily: MyEtherWallet Hacked? China Mining Ban

in #bitcoin6 years ago

Reports that MyEtherWallet.com has been attacked on a DNS level. Will the China Mining Ban impact Cryptocurrency markets?
1:06 Market Analysis
4:39 China To 'Shut Down Three-Quarters Of The World's Bitcoin Mining Network'
7:33 MyEtherWallet “Hacked”?
10:31 Telegram $500 Mln Pre-ICO Aims To Be Largest Ever
11:23 Harvard Professors Predict Bitcoin Collapse Due to Government Regulation

https://forums.boxmining.com/threads/jan-9-2018-daily-news.632/

DNS poisoning https://www.howtogeek.com/161808/htg-explains-what-is-dns-cache-poisoning/

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Fake news or not---being influenced into hardware wallets &/or paper wallets--is a GOOD THING. Paper wallets generated under strict safety protocols are probably more secure than anything. They do not require a proprietary device to access your funds. It would truly suck to have to hunt down a specific device in difficult times to be able to have access to funds. Another thing to consider---what if Nano & or Trezor went out of business. The devices themselves would then become a high store of value to the community that depends upon them.

MyEtherWallet is trash, always getting hacked. Always people loosing their tokens, we need a better option.

It is not MEW itself.
When users are aware and able to detect potential attacks it is safe :)

that too...

Tijo at Arcane Bear just had an interview with David Siegal of 2030/Pillar Project. The Pillar wallet is being set up to (also) store ERC-20 tokens and would give on option other than MEW.

Tread lightly my friends

This is why people should use a Ledger Nano S with MEW

DNS Poinsoning attack:

  • DNS (Domain Name Service) translates IP adresses to domains (like myetherwallet.com)
  • When an attacker is able to change the entry in this service your URL seems okay but it is linked to the "malicous" IP.
  • The attacker sets up a phishing Site, which looks like the original one. With this the Keys can get harvested

How to avoid getting scamed

  • Always check the Certificate ! (Left side of your URL bar )

Please be aware to phishing attacks and stay safe !

Anything can happen in crypto the drama, FUD, scams. this is the wild wild west and in the future we will see a lot.

Guys we were not hacked, this rumor is fake" something really straight forward. This rumor did spread rather quickly and you may still get a lot of questions.

Whoa!! Lots of drama surrounding the crypto world

bitcoin is a very essential....its a very important for outsourcing.now it is a very essential for......thanks for sharing

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