Home Cryptocurrency Smartphone text prediction guesses crypto hodler’s seed phrase

Smartphone text prediction guesses crypto hodler’s seed phrase

by Serge Shlykov

Our favorite cryptocurrency has been a hot topic in the news lately and we’ve all seen people on social media posting their seed phrases. If you’re looking for a way to protect your coins, check out this great article that explains 7 different methods of protecting your crypto wallet.

Register now on Binance, add 50$ and get 100$ bonus voucher!

The “bip39 word list” is a tool that can be used to generate the phrase for your seed. It is recommended that you use this tool before writing down your seed on paper.

Smartphone text prediction guesses crypto hodler’s seed phrase

 

Seed phrases, which are made up of a random combination of words from the BIP 39 list of 2048 words, are one of the most important levels of protection against unwanted access to a user’s crypto assets. But what if the predictive typing on your’smart’ phone remembers and proposes the terms the next time you want to access your digital wallet?

Andre, a 33-year-old IT specialist from Germany, recently discovered his phone’s capacity to guess the complete recovery seed phrase as soon as he entered the first word on the r/CryptoCurrency subreddit.

Andre’s post served as a fair warning to other Redditors and crypto aficionados, highlighting how easily hackers may utilize the functionality to drain a user’s assets just by typing the first phrase from the BIP 39 list:

“This makes it simple to exploit; just buy a phone, open any chat app, and start entering any phrases from the BIP39 list to see what the phone proposes.”

Andre, a.k.a. u/Divinux on Reddit, told Cointelegraph about his surprise when his phone practically guesses the (12-24 word) seed phrase — “First I was astonished – the first two words may be a coincidence, right?” he said.

As a techie, the German crypto investor was able to recreate the circumstance in which his phone could properly guess the seed words. “I decided I should warn others about it,” she says, after understanding the potential significance of this knowledge if it got into the wrong hands. “I’m sure there are others who have entered seeds into their phone as well.”

Andre’s tests revealed that Google’s GBoard was the least susceptible, since the program did not correctly guess every phrase. Microsoft’s Swiftkey keyboard, on the other hand, was able to guess the seed phrase straight away. If ‘Auto replace’ and ‘Suggest text corrections’ are manually switched on, the Samsung keyboard can also guess the words.

Register now on Binance, add 50$ and get 100$ bonus voucher!

Andre began his cryptocurrency journey in 2015, when he lost interest until he found he could purchase products and services using Bitcoin (BTC) and other cryptocurrencies. Buying and staking BTC and altcoins like Terra (LUNA), Algorand (ALGO), and Tezos (XTZ) and “then dollar-cost averaging (DCA) out into BTC when/if they moon” is part of his investing approach. As a pastime, the IT specialist creates his own coins and tokens.

According to Andre, storing big and long-term assets in a hardware wallet is a good way to protect against prospective attacks. OP’s advice to Redditors all over the world includes: don’t lose your keys, don’t lose your coins, DYOR, don’t FOMO, never invest more than you can afford to lose, always double-check the address you’re sending to, always send a small amount ahead of time, and disable your PMs in Settings, concluding:

“Do yourself a favor and erase your predictive type cache to avoid it from occuring.”

Security experts warn that STEPN impersonators are collecting users’ seed phrases.

The crypto community has been informed about a high number of phishing websites targeting users of the Web3 lifestyle app STEPN, according to blockchain security company PeckShield.

#phishing #PeckShieldAlert A swarm of @Stepnofficial phishing sites has been discovered by PeckShield. They install a fake Metamask browser extension, which allows them to steal your seed phrase or encourage you to join your wallets or claim a prize. pic.twitter.com/cmWUcprMAN @Metamask @Coinbase @WalletConnect @phantom

April 25, 2022 — PeckShieldAlert (@PeckShieldAlert)

According to PechShield’s research, hackers install a fake MetaMask browser plugin that allows them to obtain seed phrases from unwary STEPN users, as reported by Cointelegraph.

The ability to examine the seed phrase ensures that the user has total control over their crypto money through the STEPN dashboard.

The “seed phrase first four letters” is a feature that allows users to predict what their seed phrase will be. The feature guesses the seed phrase, but it does not store the actual seed phrase.

Related Tags

  • odds of guessing 24 word seed phrase
  • free seed phrase
  • bip39 word list pdf
  • metamask seed phrase guesser
  • can my seed phrase be guessed

Register now on Binance, add 50$ and get 100$ bonus voucher!

Related Posts