According to cryptocurrency investor Warith Al Mawali, he has lost all of his life savings in the tune of $60,000 to $70,000 on Coinomi, a widely utilized crypto wallet on Android. In a detailed report, Mawali claimed that a critical vulnerability found on the wallet led to the loss of user funds as it compromised the private key of his wallet. SECURITY VULNERABILITY@CoinomiWallet sends your plain text seed phrase to Googles remote spellchecker API when you enter it! This is not a joke! Video attached for proof. Credit goes to @warith2020 for finding the issue, read more from him here:
The post Redditor Claims Theft of $70,000 in Life Savings Due to Critical Coinomi Wallet Bug appeared first on CCN
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