Operating in such an environment, cautious users are always mindful of their security and learn to avoid outrageous claims that are sometimes nothing more than just that.
A recently released wallet was said to be “unhackable” by its promoters, including John McAfee, and this has naturally triggered security researchers.
Also Read: Football Team in Gibraltar to Pay Its Players in Cryptocurrency
“Unhackable” Bifti Wallet
When the Bitfi hardware wallet was unveiled in June, its official promotional material called it the “first truly unhackable” wallet, promising “impenetrable security” and an operation “without any risk of loss”.
It was also said to offer more security than any other type of storage, including cold storage.
No other hardware wallet has ever been built to this level of sophistication,” McAfee is quoted as saying.
Researchers have been diligently prodding cryptocurrency and blockchain companies for kinks in their security – and it seems some of them are finally getting recognition for their work. Three researchers are up for Pwnie Awards this year – an annual showcase of the best and worst in information security.
With the vast amounts of money going around, it’s no surprise that the greater Bitcoin ecosystem is rife with scams, hacks and cyber attacks of all kinds. Operating in such an environment, cautious users are always mindful of their security and learn to avoid outrageous claims that are sometimes nothing more than just that.
Last week, John McAfee offered up $100,000 to anyone who could break into the Bitfi wallet – a device advertised as the world’s first completely “unhackable” cryptocurrency wallet. Bitfi even asked that all attempts be made public.
On July 23, 2018, cybersecurity website Security Intelligence reported that several companies and software users remain susceptible to the infamous “Drupalgeddon virus,” despite Drupal Security Labs releasing a software patch in March 2018 to fight the vulnerability.
One major class of attacks to hit the hacking landscape recently is cryptomining. While cryptomining on its own supports a good cause when being done consciously, it also allows nefarious actors to make a lot of money fast, and, with the sheer number of cryptocurrencies available to mine, it is becoming a popular choice for attackers.
Many experts have warned of the possibility that quantum computing could pose a serious threat to the security of Bitcoin and other cryptocurrencies. In fact, a study by MIT researchers revealed that the threat would be imminent within 10 years.
A few months ago, security researchers at 4iQ uncovered a 41-gigabyte file being sold on the dark web that contained 1. 4 billion username and password combinations from online services such as Netflix, Last.
Security researchers have revealed that a controversial malware is targeting MacOS users talking about cryptocurrencies on Slack and Discord. “Dumb” MacOS Attack The malware was first reported by Remco Verhoef of SANS.
Two very popular platforms, Slack and Discord, have been mired in some troubling circumstances. According to security researchers, there have been MacOS malware attacks targeting the two platforms, especially those who tend to discuss cryptocurrencies.
A project aims to help companies identify and mitigate security gaps by transforming the process of finding vulnerabilities into “contests” for cybersecurity researchers #SPONSORED
Two of the leading international cyber security firms, one from Russia and one from the USA, have both published their finds at the end of June showing an increase in the malware threats market share of cryptojacking at the expense of ransomware.
Earlier this week, the Bank of International Settlements (BIS) in Switzerland issued a new document as part of its annual economic report that warns citizens of the dangers of digital currencies.
Ripple has released rippled version 0. 90. 1, which includes fixes for issues reported by external security researchers. These issues, when exploited, could cause a rippled instance to restart or, in some circumstances, stop executing.
Ripple has released rippled version 1. 0. 1, which includes fixes for issues identified by Ripple engineers and reported by external security researchers. These issues, when exploited, could cause a rippled instance to restart or, in some circumstances, stop executing.
Technology & Security This week four Bitcoin Cash (BCH) researchers and developers proposed a different transaction sorting process for the BCH protocol called ‘canonical transaction ordering.’ The proposed method would sort transactions against their identifiers, rather than the current topological transaction ordering rule, making it easier to for the network to process very large blocks.
В новом документальном фильме Netflix «Бегство с дьяволом: Дикий мир Джона Макафи» бывшая партнерша предпринимателя Саманта Эррера заявила, что он все еще жив и находится в Техасе. Об этом пишет Decrypt.
Джон Макафи объявил, что вернул себе контроль в работе над криптопроектом Ghost. I have returned to controlling the $GHOST development. My feud with management has ended. With the announcement that we will soon release a private stable coin, will mark a new era in transacting crypto business.
Предприниматель Джон Макафи объявил, что покидает проект Ghost. В качестве причины он назвал неспособность нынешнего руководства привести его к успеху. I am abandoning the the $Ghost project. Management is incapable of making a success of the project.
Команда Ghost показала тизер своей новой дебетовой карты. Протокол децентрализованной и анонимной кариптовалюты создан и продвигается создателем антивируса и криптоэнтузиастом Джоном Макафи. We're excited to share with you today a video teaser of what's coming for $GHOST Pretty soon you will be able to spend your $GHOST in many parts of the world, this debit […]
В своих новых твитах эксцентричный крипто-деятель Джон Макафи признал, что его проект конфиденциальной монеты Ghost частично скопировал whitepaper другой опенсорсной конфиденциальной монеты, PIVX. Тем не, Макафи, похоже, намерен подать в суд на создателей PIVX за распространение порочащих его сведений.