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To be clear, neither the regular Parity wallet nor MyEtherWallet are affected here. Also, they don't store your coins, all they can ever do is sign and publish transactions when given access to your private key.

Parity multi-sig wallets are an entirely different beast.

Bit of a confusing naming issue:

Parity wallet: light client software that accesses the blockchain.

Parity multi-sig wallet: a smart contract deployed on the blockchain, with the coins stored within this contract.

The latter is what was affected.

Ah okay, thanks for the explanation. I've heard of multi-sig wallets, but wasn't quite sure what they actually do. From what I can tell they are supposed to be more secure, so it is a bit ironic that this is the second time multi-sig wallets have had issues.

Serious question, what's wrong with parking funds in a coinbase ETH vault when compared to something like MyEtherWallet/Parity?

Remember the mtgox debacle..? That is what's wrong with that.

this only affects multisig