[mothered]

Greetings to all,

A 250,000$ bounty offered to compromise an unhackable cryptocurrency wallet, has apparently been hacked, thereby gaining root access. However, the hack Is being denied on the following grounds:

McAfee disagreed that root access constitutes a hack.

I know my views on the matter hence If I were In the hacker's shoes, I'd definitely demand the bounty.

Someone claims to have successfully hacked an "unhackable" cryptocurrency wallet.

A self-described IT geek in the Netherlands who goes by @OverSoftNL on Twitter tweeted Wednesday about gaining root access to a crypto-wallet, which antivirus software pioneer John McAfee and hardware crypto-wallet maker Bitfi said had "absolute" security.

Last week, McAfee said he'd entered into a partnership with Bitfi to offer a $100,000 bounty to anyone that could hack a Bitfi wallet. The bounty was later raised to $250,000. Participation in the challenge required the purchase of a $120 Bitfi wallet, preloaded with cryptocurrency.

We have root access, a patched firmware and can confirm the BitFi wallet still connect happily to the dashboard," @OverSoftNL tweeted.

Source.

[edgy]

In a sense it was hacked so at the very least giving a partial reward would've been good. It was a vulnerability after all.

[mothered]

In a sense it was hacked so at the very least giving a partial reward would've been good. It was a vulnerability after all.

Agree.

If gaining root access Isn't classed as a hack, I don't know what Is.

[skrtja]

Any type of access is a hack. Any vulnerabilities can be exploited in numerous ways leading to threats to emerge.

[Wrizz]

"the Titanic of cryptocurrency"

[mothered]

Any type of access is a hack. Any vulnerabilities can be exploited in numerous ways leading to threats to emerge.

Definitely so.

I'll rephrase It to "Any type of unauthorized access Is a hack".

[spotifywebplayer]

Thanks for the information on the site.

[mroll]

Someone actually managed to play doom on that shitty device:

Challenge accepted: 15-year-old plays Doom on 'unhackable' Bitfi


Source

[mothered]

Someone actually managed to play doom on that shitty device:

Challenge accepted: 15-year-old plays Doom on 'unhackable' Bitfi

Spoiler:

Source

It doesn't surprise me.

Issuing this statement Is ridiculous.

the company, backed by John McAfee, staunchly defended its product as completely unhackable

Every entity can be circumvented. Kevin Mitnick's firm have yet to fail:

Spoiler:

Mitnick Security.

[Vultra]

Nothing is unhackable. Any thing and everything can be hacked. Just matters when.