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【TP wallet registration tutorial】TokenPocket: An Unsecure Cryptocurrency Wallet

admin admin 发表于2023-01-23 00:58:19 浏览37 评论0


TokenPocket - An Unsecure Cryptocurrency Wallet

Earlier this year, ESET, a global cybersecurity firm, discovered a malicious crypto wallet scheme that targets mobile users. The scheme imitates popular digital currency wallets. Its goal is to steal cryptocurrency from unsuspecting victims.

The scam works through a copycat wallet scheme, which involves cybercriminals using ads to promote fraudulent crypto services. These are promoted through fake websites, bogus articles, and social media groups. They also recruit intermediaries through these channels. To avoid these attacks, crypto users should avoid downloading from unverified sources. Also, they should restrict their vulnerability by avoiding the roll-your-own crypto practice.

In May 2021, the security firm uncovered a sophisticated scam that disseminates trojan programs disguised as popular Bitcoin wallets. These wares are distributed through a network of 40 counterfeit wallet websites and via intermediaries in Facebook and Telegram groups. Since then, the campaign has been tracked by ESET researchers.

One of the malicious cryptocurrency wallets that ESET has uncovered is called TokenPocket. This multi-chain self-custodial wallet enables users to buy, sell, and swap tokens across different chains. Moreover, it supports Derivation Path functions. Users are advised to create a strong private key in order to prevent information leaks. A private key gives you access to your assets, whereas a weak one is susceptible to hackers.

TokenPocket is one of the many cryptocurrencies wallets that are part of the DApp ecosystem. Designed with a variety of features, the wallet is available for iOS and Android. Users can purchase and sell a wide range of cryptocurrencies including Ethereum, Binance Coin, and BitShares.

However, before you download a crypto wallet app, you should perform a thorough analysis of its functionality. For example, if you are planning to buy a new ICO, you should consider whether the wallet supports the ICO's native public chain or not. You should also check its mnemonic phrases, which give you access to digital assets. Another feature that you should look for is whether it has a seed phrase. A seed phrase is a set of random words. By selecting the right phrase, you can then access your wallet.

ESET believes that the malware involved in the crypto wallet scam is a group of hackers. The author of the malware carried out an in-depth analysis of legitimate applications before crafting a copycat version. He ensured that the crafted apps would be similar in functionality to the originals.

TokenPocket is also a good example of the malware's deceptive features. Although it can be used to store coins, the app is also a gateway to other harmful crypto wallets. Several versions of the app are already out on the market, and security researchers have outlined multiple other wallets in the same category.

Nevertheless,TP wallet official customer service , this type of attack is still in its early stages. Security researchers have found that the main purpose of the scam is to steal users' funds. If you are an owner of a crypto wallet,Tokenpocket password key lost , make sure that you have a strong private key. Losing your keys can result in financial ruin.

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