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John McAfee's 'unhackable' crypto-wallet allegedly hacked a week after challenge

posted onAugust 3, 2018
by l33tdawg
Wired
Credit: Wired

A hacker says they have hacked into John McAfee's "unhackable" Bitfi cryptocurrency wallet.

A Dutch "IT geek" that goes by OverSoft on Twitter tweeted Wednesday they had root access to the antivirus software pioneer's crypto-wallet, which McAfee and hardware wallet company Bitfi said had "absolute" security.

Last week, McAffee said he'd entered into a partnership with Bitfi to offer a $100,000 bounty to anyone that could hack his Bitfi wallet. The bounty was later raised to $250,000. Participation in the challenge required the purchase of a $120 Bitfi wallet and for it to be preloaded with $50 worth of coins.

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