Bounty Hunt Gone Wrong: ‘Unhackable’ Wallet Bitfi Denies It Has Been Hacked
Cointelegraph
Published Aug 07, 2018 04:31PM ET
Updated Aug 07, 2018 04:41PM ET
Bounty Hunt Gone Wrong: ‘Unhackable’ Wallet Bitfi Denies It Has Been Hacked
In July, cryptocurrency hardware wallet manufacturer Bitfi’s executive chairman, John McAfee, claimed that Bitfi was “the world’s first unhackable device,” urging security experts to breach its security for a $100,000 bounty.
Since then, a number of reports emerged that suggested Bitfi is not, in fact, “unhackable,” only to be dismissed by the wallet service as well as McAfee himself, steadily making the bounty hunt seem like a tasteless PR stunt.
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Written By: Cointelegraph
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