I just found out that the Jaxx wallet has a major security breach.
For those who just want the TL/DR:
- your 12-word recovery phrase can be stolen!
- The developers don't intend to fix any time soon!
- Your should move your funds to another wallet or official coin wallet.
I learned this info through:
http://www.newsbtc.com/2017/06/11/anyone-can-extract-jaxx-wallet-mnemonic-seed-developers-will-not-fix-problem/
My brother says to only keep small amounts in Jaxx, if any.
I really don't see the point of keeping any amount in Jaxx if its extremely vulnerable.
Shrem: No Jaxx Wallet User Has Lost Funds Despite Recent Warnings
http://www.bitsonline.com/shrem-jaxx-wallet-funds/
UGH!! It seems like every wallet has some kind of issue!
The cryptoverse is a relative new field and these things are bound to happen, that is why you may want to use the official coin wallet or a hardware wallet.
Shrem: No Jaxx Wallet User Has Lost Funds Despite Recent Warnings
http://www.bitsonline.com/shrem-jaxx-wallet-funds/
Good to know!! Thanks for the info.
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