Tag: MyEtherWallet

MyEtherWallet Introduces a KYC-Free Crypto-to-Fiat Conversion

Companies active in the cryptocurrency world need to keep growing and evolving at all times. That is often easier said than done for most service providers. MyEtherWallet has introduced a new feature which many users will enjoy. Users can exchange crypto to fiat without KYC verification. An Unexpected Gift From MyEtherWallet Most cryptocurrency enthusiasts are familiar with the MyEtherWallet platform. It is a user-friendly way of dealing with Ethereum balances, …
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Ethereum Wallet ImToken Has $35B in Deposits, More Than 99% of US Banks

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 such as Ethereum while maintaining full control over their private keys and accounts. In the early …
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Recent MyEtherWallet Incident Highlights Inherent Internet Security Flaws

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 Place Whenever a popular online service is involved with financial transactions of any kind, it …
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Phishing Attack on MyEtherWallet Steals $150,000 From Wallet Users

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 aims to undermine the Internet’s routing system. It can happen to any organization, including large …
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