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by ValentineC
2314 days ago
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The first few exchanges that traded it were unfortunately the subject of hacks, and I'm still trying to figure out how someone managed to compromise my Nanowallet.io wallet when I believe I've taken reasonable measures to secure the key and seed. |
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The problem with a web wallet is that since clients potentially re-download the app everytime they use it, the server can be compromised and malicious updates pushed silently, selectively, and make many victims in a short window of time.
This has happened several times in the past:
https://cointelegraph.com/news/myetherwallet-warns-that-a-co...
https://mashable.com/2017/12/21/etherdelta-hacked