Tag: Password

The ultimate guide to password management for crypto enthusiasts

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In the world of cryptocurrencies, security is paramount. As a crypto enthusiast, one of the foundational steps to ensuring the safety of your digital assets is effective password management.  With the potential for significant financial loss in the event of a security breach, mastering the art of password protection is a critical skill. This comprehensive guide will walk you through the importance of password security, best practices for creating strong passwords and advanced techniques for managing your passwords securely. Why password security matters The first line of defense against unwanted…

LastPass attacker stole password vault data, showing Web2’s limitations

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Password management service LastPass was hacked in August 2022, and the attacker stole users’ encrypted passwords, according to a Dec. 23 statement from the company. This means that the attacker may be able to crack some website passwords of LastPass users through brute force guessing. Notice of Recent Security Incident – The LastPass Blog#lastpasshack #hack #lastpass #infosec https://t.co/sQALfnpOTy — Thomas Zickell (@thomaszickell) December 23, 2022 LastPass first disclosed the breach in August 2022 but at that time, it appeared that the attacker had only obtained source code and technical information,…

India’s Supreme Court Wants GainBitcoin Scam Co-Suspect to Disclose His Wallet Username, Password

CryptoX – Cryptocurrency Analysis and News Portal Ajay Bhardwaj, the brother of Amit Bhardwaj, the deceased primary suspect in a scam that netted 80,000 stolen bitcoins (valued at approximately Rs 20,000 crores, or $3.8 billion), has been asked to give the details to India’s Enforcement Directorate. Mar 28, 2022 at 10:44 a.m. UTC Supreme Court of India (Shutterstock) Source The post India’s Supreme Court Wants GainBitcoin Scam Co-Suspect to Disclose His Wallet Username, Password appeared first on CryptoX. CryptoX Portal

How ‘One Time Password’ bots can steal all your crypto

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Cybercriminals are using bots purchased on Telegram to trick users into giving them access to their cryptocurrency accounts.  According to a report from cybersecurity firm Intel471, One Time Password (OTP) bots are “remarkably easy to use” and are relatively inexpensive to operate relative to the amount that can be earned from a successful attack. A Telegram bot known as ‘BloodOTPbot’ charges a monthly fee of just $300 to hackers to access. Fraudsters also have the option to spend an extra $20 to $100 on more phishing tools that target individual…

How to Recover a Lost Blockchain Wallet Password

There is no greater fear for cryptocurrency investors than one day forgetting the password to their blockchain wallets, seeing how their own money is right in their hands but still locked away forever from them. If this has happened to you, however, don’t lose hope. There are ways to recover a lost blockchain wallet password, as explained by a leading expert at wallet recovery with years of experience from KeychainX. Step by Step Guide for Recovering a Lost Blockchain Wallet Password Blockchain has over 76 million wallets created since its…

Programmer has two password guesses left before losing $266M in Bitcoin

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A German-born programmer in San Francisco has now used up eight of 10 password attempts he has to unlock the hard drive containing the private keys to his Bitcoin wallet, which contains 7,002 Bitcoin (BTC). As of press time, those holdings would be worth $268 million — that is, if only they were accessible. As a New York Times profile on Jan. 12 outlined, Stefan Thomas uses a hard drive called an IronKey, but lost the paper on which he wrote down the password for the device “years ago.” If…