John McAfee will pay you $100K must you ranking into his ‘unhackable’ crypto-wallet

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John McAfee is support to striking his cash where his mouth is – and goddamn is it somewhat a few cash.

He says that he’ll give $a hundred,000 to anybody who can damage into the ‘Bitfi’ wallet, the supposedly ‘unhackable’ cryptocurrency storage system he has been parroting about on social media of late.

The wallet also apparently doubles as the world’s first unhackable system – so here’s positively bigly if factual. Bitfi or McAfee don’t truly delight in a lot to offer through evidence straight away, so what better technique to ranking it than a fully out-of-the-blue $100k cash prize?

The Bitfi advertising and marketing crew has been rapid enough to whip up some excellent tips for the bounty. It positively didn’t discover about this through Twitter adore the leisure of us.

We strongly deem within the label of a bounty to be in a space to resolve any that you have to presumably perchance imagine considerations about the safety of the Bitfi wallet. This bounty program just isn’t intended to back Bitfi to call security vulnerabilities since we already advise that our security is absolute and that the wallet can not be hacked or penetrated by exterior attacks. Comparatively this program is supposed to existing to anybody who claims or believes that nothing is unhackable or that they are going to hack into the Bitfi wallet, that such attempts are futile and that the advertised claims about the Bitfi wallet are obedient.

I mediate it’s value bringing up before we trail from now on – not discovering anybody to hack the Bitfi wallet just isn’t a lot like proving that their system is assuredly unhackable.

Right here’s the kicker: it be necessary to rob a Bitfi wallet to exhaust part and pay an additional $50 to delight in some cryptocurrencies loaded onto the system so that you can exhaust a gape at and favor. This is correct to, uh, be sure that that you are truly enthralling on hacking it.

The guidelines for claiming the bounty are easy:

  • If you successfully extract the cash and empty the wallet, this could be realizing a few a hit hack
  • Provide proof that the wallet is empty
  • You are going to be in a space to then withhold the cash and Bitfi relate they are going to form a price to you of $a hundred,000

It has also requested that any hacking attempts be made public, in narrate that the technique can support others in their quest to ranking their hands on McAfee’s cash.

Bitfi is very explicit: here’s not a bug bounty (yeah, correct).  So remember, must you jam as a lot as hack into the system, it’s not a bug, it’s a hidden surprise that makes you prosperous, extra or much less adore the golden designate to Willie Wonka’s Chocolate Manufacturing facility – nonetheless with cash.

McAfee’s $a hundred,000 Bitfi bug bounty is the most contemporary in very profitable opportunities for would-be hackers to ranking themselves some juicy white-hat loot.

In June, one particular person raked in over $a hundred and twenty,000 in barely one week by collecting bounties for vulnerabilities within the EOS community. One month later, it used to be handing out a lot extra cash alongside TRON, Monero and Augur in separate bounties.

No topic whether or not this wallet is assuredly unhackable – your complete thing could presumably perchance presumably very well be truly counterproductive.  Whether any system is at chance of be fully and utterly stable is within the extinguish up for debate and could presumably perchance presumably neutral even be unprovable.

However in case you relate that cryptocurrency isn’t truly the Wild West it outdated to be, McAfee certain is shooting freely from the hip.

Published July 25, 2018 — 09:07 UTC

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