Jaxx either mobile or desktop should be avoided,thought its a cool app at 1st glance not until i was unable to send out funds for days,had to send out amount in random orders every min for like 3-4 days till i took all out.
Please avoid!
Please avoid!
There was a news article about jaxx wallet users having their paraphrase used to access their wallet can be easily comprised.
I lost the article but when I find it I will post it for all to look at and be aware that it could happen to them as well.
If not taken care of with setting 2FA security on your wallet and this sort of thing or you can have your wallet comprised and the coins in there stolen as well.
Is this the article you are referring to? I have no intentions of using the Jaxx wallet unless that problem gets fixed. Too many people have lot coins already.
Reports are surfacing of a vulnerability in Jaxx wallet leading to at least $400,000 customer funds being stolen.
A report on the insufficient wallet backup phrase storage methods this weekend has now updated to include reports that hackers are already exploiting the problem to steal cryptocurrency from users.
After you read the whole article[1], you will come up with the decision of not using this wallet again (most likely). Basically, they have no plans to alter or change the security setup of their wallet. I'd recommend everyone to either stop using this wallet or simply stop storing large amounts.
[1] https://cointelegraph.com/news/jaxx-wallet-vulnerability-users-report-400k-funds-thefts
A report on the insufficient wallet backup phrase storage methods this weekend has now updated to include reports that hackers are already exploiting the problem to steal cryptocurrency from users.
After you read the whole article[1], you will come up with the decision of not using this wallet again (most likely). Basically, they have no plans to alter or change the security setup of their wallet. I'd recommend everyone to either stop using this wallet or simply stop storing large amounts.
[1] https://cointelegraph.com/news/jaxx-wallet-vulnerability-users-report-400k-funds-thefts