Bitfi Wallet Recants ‘Unhackable’ Claim
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Bitfi Wallet Recants ‘Unhackable’ Claim

THELOGICALINDIAN - The Bitfiwallet accustomed by John McAfee has disavowed its claims of actuality unhackable as analysis reveals aegis flaws Despite this McAfee stands by his word

Despite claims by software bohemian John McAfee to the contrary, a accumulating of advisers has produced affirmation to ascertain security flaws in the ‘unhackable’ Bitfi Bitcoin [coin_price] wallet. On Friday, BBC reported the account which was issued by Bitfi via Twitter on August 30th:

Bitfi had ahead acquaint a $250,000 accolade to anyone who could hack the wallet. There was a aberration to the prize, as the BBC noted. The analysis accumulation had successfully revealed flaws in the aegis of Bitfi, but did not do so in accordance with the rules of the deal.

However,

In this regard, the BBC made it bright that advisers were not happy. In fact, the account itself aboveboard acknowledges the ‘frustration’ they faced.

On the added hand, John McAfee continues to angle by Bitfi thanks to the actual agreement that accept angered researches:

One affiliate of the analysis aggregation was Alan Woodward, a Surrey University assistant specializing in cybersecurity. Woodward says that red flags were axiomatic in ablaze of Bitfi’s claim:

Last month, Bitcoinist reported that images of the wallet acquaint by McAfee on Twitter acquired absolutely a stir. Genitalia of the bald Bitfi boards were articular by users as genitalia that are accessible on the internet for almost $35.

In the end, does the actual appellation ‘unhackable’ not catch aback to a assertive ‘unsinkable’ ocean liner? Admitting the analysis revelations, and admitting the statement, it appears that John McAfee will stick to his guns.

What are your thoughts on Bitfi’s redaction of their “unhackable” claim? Don’t alternate to let us apperceive in the comments below!

Images address of Bitcoinist archives, Twitter.