Tag Archives: cryptocurrency

Steemhunt – The hunts going live on Probit and IDCM

The Initial Exchange Offering is going to happen very very soon on both IDCM and Probit exchange !

Its a very bold move for HUNT token a supposingly SMT ( Smart Media Token ) to debut in a global exchange. Hopefully the other SMT candidates will follow suite quickly.

This would give a huge benefit to the STEEM ecosystem and may increase the volume trade of STEEM as well.

Read more about this in this article from STEEMHUNT https://steemit.com/steemhunt/@steemhunt/hunt-token-ieo-live-on-idcm-and-probit-exchange

I’ve been with the STEEMHUNT team as the moderator for about 1 year now and I’m truly impressed with the team behind STEEMHUNT and hope that you would all support Steemhunt ‘s IEO … btw if you become a early investor you will get extra bonuses.

steemhunt IEO details

A little bit more information about HUNT Tokens, its going to go at 0.02 USD per token. Grab it fast as there are numerous projects by these guys which would be released soon increasing the value of those HUNT tokens.

To find out more about HUNT tokens and its roadmap.

Please check HUNT token website, whitepaper, and pitch deck.

The spell checker which could have hacked Coinomi

I came across this article from Coinomi about a statement responding to a Mr Warith Al Maawali who had made a video on how if you used the Desktop Wallet of Coinomi, your restoration of the Coinomi wallet could be jeopardize because of a SPELL CHECKER function which google had.

If you didn’t understand that video, this is what it was explained in the most simplistic manner.

Since restoring a COINOMI wallet requires you to type in a RECOVERY phrase, Google ‘s Spell Checker kicks in and records down all the words you use which is shown in the right hand side of the screen.

This is a large vulnerability which could be exploited by hackers even though Coinomi claims that all information received thru the spell checker does not go anywhere. However its still a vulnerability which is acknowledge by Coinomi.

Here is the full responds from Coinomi in regards to this Spell Checker vulnerability.

https://medium.com/coinomi/official-statement-on-spell-check-findings-547ca348676b

Because of this COINOMI started getting a whole series of allegations about lost money in wallets and etc. etc. and the drama of COINOMI and their reputation is on the line.

Here is a reddit article about someone loosing their entire life savings just after using COINOMI wallets

So be careful as to what you use to keep your precious crypto, as people will always find a way to try to get your $$$ and these vulnerability in softwares & systems are consistently put to the test.

Do take necessary precaution in safe guarding your data and for cryptos, do not place it all in 1 wallet, I do suggest to have a bit of diversity in the method of storing your cryptos. And use only companies which emphasize on security.

Cheers and have a good weekend.