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Topic: John McAfee’s ‘unhackable’ crypto-wallet allegedly hacked in a week (Read 105 times)

full member
Activity: 294
Merit: 100
So you need to add a Clarifying words that will tell people what happened then. Because from the things I read in this article I understood that actually the cryptocurrency you was not hacked and the money for bounty was not paid Smiley
member
Activity: 434
Merit: 11
John mcAfee was right, the main goal of the bounty is to stole the money on that wallet. It is still unhackable as of now but the fact they got the root access to the wallet will only give a hint to the wallet manufacturer to provide additional security with that device. This bounty is for an improvement of the wallet and the more they receive an issue, the more they will develop the wallet if those bounty hunters will be unable to get the money to that wallet. A child play isn't it?
member
Activity: 392
Merit: 66
They just replaced software, they didn't manage to get the coins.....
Correct. They have apparently gotten root access without read/write privileges. John McAfee claims that no coins have been stolen, and if that's the case, the wallet hasn't really been hacked. 
full member
Activity: 853
Merit: 114
They just replaced software, they didn't manage to get the coins.....
sr. member
Activity: 1008
Merit: 355


I am sure that this landed on the news all because McAfee is well-known and the challenge for the hack is quite exciting. The thing is that nobody was assigned to verify if claims of hacking can be true or not. Maybe the rules for the bounty was not so clear especially if one succeeded getting into the wallet...should it not be communicated to the one putting the stake for the bounty first? Anyway, this story is telling us that we are living in a very unsecured world and hacking (as well as scams) will always be the big brother of cryptocurrency I guess. Let's hope that one day will come when there can be true and tested unhackable wallet that we can use.
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