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Author Topic: John Mcafee & Bitfi launch the first 'unhackable' hardware wallet  (Read 1136 times)
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August 03, 2018, 09:41:05 PM
 #61

https://mobile.twitter.com/OverSoftNL/status/1025000286119780353:

"So yeah: you don't need a BitFi device to run a BitFi wallet.
I repeat: there's nothing in that device that is required for the BitFi app to function. There's NO secure element. They could've released it on the Play Store as an app."

Maybe this is a good thing - instead of forking out hundreds of dollars for what is essentially an unsecure old android phone, you can just download the APK and run it on any device with an android emulator.  Grin

But why would you want to? Smiley

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August 04, 2018, 05:49:39 AM
 #62

But why would you want to? Smiley

So you can hack it and claim the $250,000 bounty of course! (Except you couldn't, because they will never pay out, because the bounty is just a scam marketing trick for their scam wallet.)

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August 09, 2018, 09:02:38 PM
 #63

The latest development: https://www.bitguru.co.uk/crypto-news/15-year-old-kid-hacks-john-mcafees-unhackable-cryptocurrency-hardware-wallet/

15 year old installs and plays DOOM on the wallet.

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August 09, 2018, 10:01:12 PM
 #64

That guy has been 15 for what feels like several years now.

Not too impressed with that tweet. As the article says, you post a bounty and then start dropping gangsta tweets? Eh?

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August 12, 2018, 09:23:06 PM
 #65

i veyr well understand the importance of security in this technology and most especially in these days where the activities of hackers are everywhere and have become a challenge to the technological framework as well as the investor. that a wallet is unhackable is indeed a strong claim.

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August 12, 2018, 09:51:16 PM
 #66

Honestly I hope this is really true of this unhackable bitfi wallet by macafee. I have never seen anyone like it. Although I haven't seen it or used it or try to test it. but I see that macafee us very confident about its security and boastful of it always. I hope its as its said to be.

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August 13, 2018, 08:41:44 PM
 #67

https://twitter.com/danielgallagher/status/1029094497593053184?s=21

'Hey @p0isoNz, just wanted to let you know the team went ahead and consolidated all the Bitcoin on your insecure @Bitfi6 wallet and moved it to the next address it will generate so you can quickly secure your funds. We also payed the transaction fees. No thanks needed!'

Not totally sure about the circumstances regarding this one. It looks like the owner of the wallet posted some of his details, but it adds to the rich tapestry of failure. It doesn't look like a flat out grabbing of coins from afar yet.


Honestly I hope this is really true of this unhackable bitfi wallet by macafee. I have never seen anyone like it.

Have you read anything so far that convinces you it's anything other than horseshit?

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August 13, 2018, 10:39:54 PM
 #68

gentlemand, everytime a post from you in this thread pops up on my watchlist, I actually get a tinge of excitement. Watching serial scammer McAfee and his shills getting repeatedly wrecked is just too fun.

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August 13, 2018, 10:48:39 PM
 #69

I doo agree... It may sound impossible thou... But if it's true, it would be a huge breakthrough in the crypto world. Imagine an unhackable wallet? Many will gain trust and confidence in investing cryptocurrency. Nobody will worry about hackers if this statement is true.
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August 13, 2018, 11:13:44 PM
 #70

gentlemand, everytime a post from you in this thread pops up on my watchlist, I actually get a tinge of excitement. Watching serial scammer McAfee and his shills getting repeatedly wrecked is just too fun.

I keep waiting for John's team of SEALs on crack and bath salts to bust through my ceiling and start pulling on their pop guns. Luckily he's made them so strung out they'll be seeing quadruple so I only have a 1 in 4 chance of being hit.

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August 13, 2018, 11:18:37 PM
 #71

That's a tough choice of words because in the cyber world there's no such thing as unhackable even hardware wallet are no exception because it will always has flaws and bugs. There are even proven research and guide on how to hack hardware wallet through MITM or you can intercept data traffics and get the private keys.


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August 13, 2018, 11:23:02 PM
Last edit: August 14, 2018, 06:27:17 AM by Stargazer
 #72

That's mean ledger, trezors are hackable? Then I don't think John Mcafee & Bifti can make unhackable hardware wallet. Because hackers are smart too. They will be making a new way to hack. But it is really very tough for them to hack hardware wallet. Sorry to say, This man, John Mcafee, He talks too much than work.

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August 13, 2018, 11:30:09 PM
 #73

That's mean ledger, trezors are hackable?

I don't think either of them have ever claimed to be unhackable. Anybody who does is an idiot.

Real hardware wallets will have their code carefully checked by their users and it's in everyone's interest to disclose any vulnerabilities they find.

As it stands there are two guaranteed ways for a hacker to get to the funds on your hardware wallet.

1 - you store the seed for the hardware wallet insecurely such as in a file kept online.

2 - the computer you use it with is infected and replaces the address you want to send to on your computer's screen through the wallet app. That's why you need to check the addresses on the screen of the hardware wallet itself which will always be correct.

Neither of them are actual hardware wallet hacks.

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August 13, 2018, 11:31:50 PM
 #74

That's mean ledger, trezors are hackable?
Not entirely, but that also doesn't mean they are unhackable. It depends on how stupid/knowledgeless a person is.

Okay so this entire unhackable wallet is a big fail. Oh well, what else could one expect from John stupid as fuck McAfee. I swear I'll lose my mind if he doesn't eat his dick in 2020, if bitcoin doesn't reach a Million $ until then.

Also, did you people hear that he no longer accepts money for promoting shitcoins?

120$ and it went that fast? even the Trezor T model didn't go that fast. It seems like John McAfee can tweet about literally anything, and It will get sold.
Wonderful, we have a crypto version of Kim Kardashian here, just wait for a video of McAfee fapping get leaked.  Roll Eyes


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August 14, 2018, 02:56:46 PM
 #75

https://twitter.com/cybergibbons/status/1028987435873648640

https://thenextweb.com/hardfork/2018/08/13/bitfi-cryptocurrency-wallet-bounty/

https://cointelegraph.com/news/unhackable-wallet-reportedly-breached-hackers-claim-to-meet-bounty-conditions

I am particularly reassured by this quote.

“As of now, we have no evidence that our device can be hacked and if someone succeeds in doing so then we will immediately put out a fix to all devices to address the vulnerability that was discovered and it will be unhackable once again.”

Who knew it was all so simple?

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August 14, 2018, 03:48:07 PM
 #76

https://twitter.com/cybergibbons/status/1028987435873648640

https://thenextweb.com/hardfork/2018/08/13/bitfi-cryptocurrency-wallet-bounty/

https://cointelegraph.com/news/unhackable-wallet-reportedly-breached-hackers-claim-to-meet-bounty-conditions

I am particularly reassured by this quote.

“As of now, we have no evidence that our device can be hacked and if someone succeeds in doing so then we will immediately put out a fix to all devices to address the vulnerability that was discovered and it will be unhackable once again.”

Who knew it was all so simple?

They misunderstood the unhackable concept.  Roll Eyes  I think if your dick is on the line, you lose some sleep and that causes

 some severe delusional ideas about the meaning of basic concepts, and added to that, some schedule 7 drug use.  Roll Eyes We all

know Mr McAfee is not all together at all times. I have never see any Trezor or Ledger being hacked, so I figure they pulled

that out of their bunghole.  Roll Eyes

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goodman4hire
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August 14, 2018, 03:53:12 PM
 #77

Most of the hacks we hear about are being being lax with their security. Nothing is truly unhackable because people are well .... people and will screw it all up.

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Fitrilalala
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August 14, 2018, 04:05:52 PM
 #78

I dont believe on john mcafee. I think he's a business man who use crypto community for his own benefit and also i do read a news that its been hacked and we know who is mcafee he just a person who are always being too much in anything that he promoted.

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edzleochico6
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August 14, 2018, 11:45:09 PM
 #79

McAfee partnered with hardware wallet company Bitfi last month to launch the first "truly unhackable and open-source crypto-wallet," according to CoinTrust. Hardware wallets are cryptocurrency wallets that store your private keys in a secure hardware device.McAfee and Bitfi are very confident about their crypto-wallet's security.
ryanc
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August 18, 2018, 07:31:40 PM
 #80

McAfee and Bitfi are very confident about their crypto-wallet's security.

Highly overconfident, as the wallet is utter garbage security wise. It's like they *tried* to make it insecure.
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