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Dash Warns About Security Vulnerability In MyDashWallet, Suggesting Not To Use It

Dash-Warns-About-Security-Vulnerability-In-MyDashWallet-Suggesting-Not-To-Use-It
  • Dash warns about a vulnerability that affected My Dash Wallet users
  • The wallet informed that the issue has been solved

The team behind Dash, one of the most popular digital currencies in the market, is warning about a vulnerability they found at My Dash Wallet. According to a recent Tweet released by Dash, they found a vulnerability and urge the community not to use the wallet until further notice.

Dash Warns About My Dash Wallet Vulnerability

According to Dash, the third party wallet My Dash Wallet is affected by a vulnerability that could be harmful for users. Apparently, an externally loaded script was sending users private keys to a server. At the same time, the official Twitter account of Dash mentioned that other wallets such as Coinomi and Jaxx are safe.

My Dash Wallet informed that the external library has been already removed and the external site fixed itself back on May 13th. In addition to it, they explained that there was no browser getting the hacked script. Nevertheless, they recommended creating  a new HD Wallet and move funds there.

As mentioned before, Dash is one of the most popular digital currencies in the market. Indeed, it is currently the 15th largest and it has a market capitalization of $1.28 billion. In addition to it, each Dash coin can be purchased for $145.

Wallets and crypto exchanges have had many different vulnerabilities that have affected their credibility and ended up with users losing their funds. This is why there are many investors that do not trust the whole crypto space and prefer to remain on the sidelines until these services become more mature.

A few months ago, the cryptocurrency exchange Binance was affected by a hack in which they lost around 7,000 BTC.

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