Topic: Bitcoin wallets on older iphones are insecure - page 3. (Read 596 times)
I do believe that phones that can't withstand fraudulent actions are a threat for investors and client. That's why I always use my computer and high ended security phone whenever I transact with other people using my Bitcoins. It is much safer to use. Those iphones that you were talking about are vulnerable on fraud attacks.
Crazy how fast technology moves and advances in our world. The iPhone X was one of the most flagship phones apple ever made, and now your telling me, that after only 2 years of it being out, it can easily get hacked and exploited? That's crazy.
It isn't as bad as it's made out to be though, they need to have physical access regarding the device and it's very specific and hard to do.
So just don't let other people use your phone if you have BTC or other coins on it - invest in a desktop wallet.
Yea and this is why I mainly invest in desktop wallets instead of my mobile phones. But the portability of a mobile wallet is really nice so it can't really be helped that people want to use them instead of desktop wallets.It isn't as bad as it's made out to be though, they need to have physical access regarding the device and it's very specific and hard to do.
So just don't let other people use your phone if you have BTC or other coins on it - invest in a desktop wallet.
Do you mean that according to Loshan and all iPhone device units are no longer advisable to use in case the user downloads Bitcoin or litecoin apps for wallet use? Is this what you want to convey on this topic that you did dude? But other device units like Samsung, Oppo, and Vivo are okay. Do I understand correctly that I'm right?
Well if I read that correctly then yes. Only iPhone devices are affected and other device units should be safe from the exploit stated by the poster. That is considering the current information at hand regarding the safety of using Android devices anyway.
Crazy how fast technology moves and advances in our world. The iPhone X was one of the most flagship phones apple ever made, and now your telling me, that after only 2 years of it being out, it can easily get hacked and exploited? That's crazy.
It isn't as bad as it's made out to be though, they need to have physical access regarding the device and it's very specific and hard to do.
So just don't let other people use your phone if you have BTC or other coins on it - invest in a desktop wallet.
It isn't as bad as it's made out to be though, they need to have physical access regarding the device and it's very specific and hard to do.
So just don't let other people use your phone if you have BTC or other coins on it - invest in a desktop wallet.
that is what happens when you are using closed source software (that is iPhones operating system that is mostly closed source), the company (specially when it is located in US) always injects backdoors in their software intentionally and also like always backdoors will exist unintentionally and won't be caught for long times and will be exploited a lot.
The people that go to cryptocoin conferences should be more skeptical if their iphone was lost and then returned to them by a good samaritan hehehe.
In any case, sharing this article here instead of the press subforum for more views. Keep your iphones safe.
Litecoin Foundation’s full-time developer, Loshan T recently stated on Twitter that Bitcoin and Litecoin wallets were no longer safe on iPhones older than and including iPhone X. This was followed by the developer recommending users to upgrade their iPhone devices, considering that several people use smartphone according to Litecoin Foundation’s internal data. Additionally, Loshan explicity stated that updating iOS would not solve the problem as it is “an unpatchable exploit.”
Loshan made the statement in the wake of a Tweet made by Axi0mX. The Twitter handle had stated,
“EPIC JAILBREAK: Introducing checkm8 (read “checkmate”), a permanent unpatchable bootrom exploit for hundreds of millions of iOS devices. Most generations of iPhones and iPads are vulnerable: from iPhone 4S (A5 chip) to iPhone 8 and iPhone X (A11 chip).”
Read in full https://ambcrypto.com/litecoin-and-bitcoin-wallets-on-iphones-older-than-and-including-iphone-x-are-insecure-says-ltc-developer/
In any case, sharing this article here instead of the press subforum for more views. Keep your iphones safe.
Litecoin Foundation’s full-time developer, Loshan T recently stated on Twitter that Bitcoin and Litecoin wallets were no longer safe on iPhones older than and including iPhone X. This was followed by the developer recommending users to upgrade their iPhone devices, considering that several people use smartphone according to Litecoin Foundation’s internal data. Additionally, Loshan explicity stated that updating iOS would not solve the problem as it is “an unpatchable exploit.”
Loshan made the statement in the wake of a Tweet made by Axi0mX. The Twitter handle had stated,
“EPIC JAILBREAK: Introducing checkm8 (read “checkmate”), a permanent unpatchable bootrom exploit for hundreds of millions of iOS devices. Most generations of iPhones and iPads are vulnerable: from iPhone 4S (A5 chip) to iPhone 8 and iPhone X (A11 chip).”
Read in full https://ambcrypto.com/litecoin-and-bitcoin-wallets-on-iphones-older-than-and-including-iphone-x-are-insecure-says-ltc-developer/
Do you mean that according to Loshan and all iPhone device units are no longer advisable to use in case the user downloads Bitcoin or litecoin apps for wallet use? Is this what you want to convey on this topic that you did dude? But other device units like Samsung, Oppo, and Vivo are okay. Do I understand correctly that I'm right?
Here is an interview with the developer of this exploit, which contains a lot of good information: https://arstechnica.com/information-technology/2019/09/developer-of-checkm8-explains-why-idevice-jailbreak-exploit-is-a-game-changer/
Essentially, the attacker must have physical access to the device, can't access any data that is stored behind the Secure Enclave PIN, and any code that is injected doesn't persist through restarts. It is a very specific exploit. If you have an iPhone 6 or later, and are using proper security measures, then an attacker can't access your data unless you unlock the phone for them, and if you reboot your phone into iOS any malware or malicious code that has been injected will no longer run. For those reasons, I don't really see this as a valid attack on cryptocurrency wallets. In addition, any good mobile wallet should have its own PIN or password which will encrypt its contents.
That's not to say mobile wallets are otherwise safe. I would only advocate storing small amounts of day to day spending money on a mobile wallet.
Essentially, the attacker must have physical access to the device, can't access any data that is stored behind the Secure Enclave PIN, and any code that is injected doesn't persist through restarts. It is a very specific exploit. If you have an iPhone 6 or later, and are using proper security measures, then an attacker can't access your data unless you unlock the phone for them, and if you reboot your phone into iOS any malware or malicious code that has been injected will no longer run. For those reasons, I don't really see this as a valid attack on cryptocurrency wallets. In addition, any good mobile wallet should have its own PIN or password which will encrypt its contents.
That's not to say mobile wallets are otherwise safe. I would only advocate storing small amounts of day to day spending money on a mobile wallet.
The people that go to cryptocoin conferences should be more skeptical if their iphone was lost and then returned to them by a good samaritan hehehe.
In any case, sharing this article here instead of the press subforum for more views. Keep your iphones safe.
Litecoin Foundation’s full-time developer, Loshan T recently stated on Twitter that Bitcoin and Litecoin wallets were no longer safe on iPhones older than and including iPhone X. This was followed by the developer recommending users to upgrade their iPhone devices, considering that several people use smartphone according to Litecoin Foundation’s internal data. Additionally, Loshan explicity stated that updating iOS would not solve the problem as it is “an unpatchable exploit.”
Loshan made the statement in the wake of a Tweet made by Axi0mX. The Twitter handle had stated,
“EPIC JAILBREAK: Introducing checkm8 (read “checkmate”), a permanent unpatchable bootrom exploit for hundreds of millions of iOS devices. Most generations of iPhones and iPads are vulnerable: from iPhone 4S (A5 chip) to iPhone 8 and iPhone X (A11 chip).”
Read in full https://ambcrypto.com/litecoin-and-bitcoin-wallets-on-iphones-older-than-and-including-iphone-x-are-insecure-says-ltc-developer/
In any case, sharing this article here instead of the press subforum for more views. Keep your iphones safe.
Litecoin Foundation’s full-time developer, Loshan T recently stated on Twitter that Bitcoin and Litecoin wallets were no longer safe on iPhones older than and including iPhone X. This was followed by the developer recommending users to upgrade their iPhone devices, considering that several people use smartphone according to Litecoin Foundation’s internal data. Additionally, Loshan explicity stated that updating iOS would not solve the problem as it is “an unpatchable exploit.”
Loshan made the statement in the wake of a Tweet made by Axi0mX. The Twitter handle had stated,
“EPIC JAILBREAK: Introducing checkm8 (read “checkmate”), a permanent unpatchable bootrom exploit for hundreds of millions of iOS devices. Most generations of iPhones and iPads are vulnerable: from iPhone 4S (A5 chip) to iPhone 8 and iPhone X (A11 chip).”
Read in full https://ambcrypto.com/litecoin-and-bitcoin-wallets-on-iphones-older-than-and-including-iphone-x-are-insecure-says-ltc-developer/
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