Over clear text
https://www.reddit.com/r/Tangem/comments/1hougo1/is_tangem_compromised_or_is_it_scam/
Over clear text
https://www.reddit.com/r/Tangem/comments/1hougo1/is_tangem_compromised_or_is_it_scam/
This is of course a tremendously bad bug. My only question is why would someone choose a seed phrase when the real benefit of this particular system (Tangem) is that you can use the physical cards exclusively and have no seed phrase at all, which is what I have done from day one, otherwise I would have chosen a Ledger.
This is why we need the cloud vault. Users cannot be trusted with their own keys.
I never liked the idea of using a phone as hardware wallet interface. It’s just less secure, and now we see why.
Looks like they logged all data being sent to and received from the card xD
Shit like this should never make it into the repository.
So we should trust the cloud vault ?
Yes, because it’s closed off. And when the shit hits the fan, no one really knows until they speak up.
Sure, it is open source, but not completely.