John Mcafee & Bitfi launch the first 'unhackable' hardware wallet

[perova93]

it will be very interesting to see it in practice! Now it's very popular to create your own wallets! the more so if he did it, then this wallet will be popular well.

[1713554944]

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[1713554944]

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[ryanc]

Does anyone know how the private key is generated?

I'm really hoping (but really not, for the sake of their customers) that it's something stupid and obvious, like a single SHA256 of the passphrase.

I wrote up the algorithm here last month: https://rya.nc/bitfi-wallet.html

[kucritt]

how it works? why the hardware wallet is unhackable? what method that they use? im very curious about the system that lock that hardware wallet, it seems like from the future that we can't hack it

[cpoer2011]

Is it true that the hardware wallet cannot be hack or unhackable? Because I doubt about it because there are so many hackers that very smart to hack it. Remember, there is no such a perfect wallet that unhackable. But, or maybe the right word is the wallet is very hard to hack. We will see this news. I hope it's true and it will be a breakthrough for wallet development.

[TryNinja]

how it works? why the hardware wallet is unhackable? what method that they use? im very curious about the system that lock that hardware wallet, it seems like from the future that we can't hack it

Is it true that the hardware wallet cannot be hack or unhackable? Because I doubt about it because there are so many hackers that very smart to hack it. Remember, there is no such a perfect wallet that unhackable. But, or maybe the right word is the wallet is very hard to hack. We will see this news. I hope it's true and it will be a breakthrough for wallet development.

It's not. Read the goddam thread before making a post. It's just a brain wallet with a shit, unsafe and easily hackable hardware that can be compared with a cheap android phone.

Hacking the Bitfi. Part 1
‘Unhackable’ Bitfi hardware rooted within a week

[gentlemand]

https://twitter.com/officialmcafee/status/1035913209881022464

The shiller in chief has upped the game considerably and now claims to have 20 million dollars in a wallet and will fly the chief hacker out to obtain it.

https://twitter.com/cybergibbons/status/1035902907902820352

And the hacker is willing to have a go if they come to London.

I don't really see why anyone needs to travel anywhere since there's this new thing out called the internet but there you go.

[TryNinja]

I don't really see why anyone needs to travel anywhere since there's this new thing out called the internet but there you go.

Probably because he wants him to hack his personal device (loaded with $20 mil). Anyways, I wouldn't travel to McAfee's house to humiliate him + pocket $20 mil (or even $100 mil) knowing what he is capable of doing[1].
that guy is crazy...

[1] https://en.wikipedia.org/wiki/John_McAfee

[gentlemand]

Probably because he wants him to hack his personal device (loaded with $20 mil). Anyways, I wouldn't travel to McAfee's house to humiliate him + pocket $20 mil (or even $100 mil) knowing what he is capable of doing[1].
that guy is crazy...

[1] https://en.wikipedia.org/wiki/John_McAfee

Guess so, but the remote hack is the one people should be more concerned about, not evil maids and that. It's not as if the world is infested with experts peeking through your window looking for hardware wallets.

I would guess that without physical access no one will be able to access coins, though obviously physical access is part of hacking too.

I would happily turn up at Mr. McAfee's door along with a few of these.

[nutildah]

He uses his public image as an asset to help promote ICOs. (https://mcafeecryptoteam.com/effect.html)

He also uses his public image as his own cell phone wallpaper.



What a twat!

[o_e_l_e_o]

https://techcrunch.com/2018/08/30/john-mcafees-unhackable-bitfi-wallet-got-hacked-again/

It's been hacked again.

This time the private keys are extracted in less than 2 minutes. In response, Bitfi have ignored the issue and instead decided just to end their security bounty program, presumably in the hope that people will stop just constantly hacking their "unhackable" wallet.

[Hueristic]

https://techcrunch.com/2018/08/30/john-mcafees-unhackable-bitfi-wallet-got-hacked-again/

It's been hacked again.

This time the private keys are extracted in less than 2 minutes. In response, Bitfi have ignored the issue and instead decided just to end their security bounty program, presumably in the hope that people will stop just constantly hacking their "unhackable" wallet.

Lol, they won the Pwnie Award!



https://www.pentestpartners.com/security-blog/bitfi-research-receives-pwnie-award-for-lamest-vendor-response/

[o_e_l_e_o]

Lol, they won the Pwnie Award!

Coming next (probably): McAfee and Bitfi threatening the Pwnie Awards, all the judges, My Little Pony and Hasbro.

Seriously though, this hack isn't something that can be patched with a firmware upgrade. They would need to recall all the wallets and build a new product from scratch. If you are unfortunate enough to own one of these, I suggest you try for a refund.

[Hueristic]

Lol, they won the Pwnie Award!

Coming next (probably): McAfee and Bitfi threatening the Pwnie Awards, all the judges, My Little Pony and Hasbro.

Seriously though, this hack isn't something that can be patched with a firmware upgrade. They would need to recall all the wallets and build a new product from scratch. If you are unfortunate enough to own one of these, I suggest you try for a refund.

He's such a clown, this dude is correct.

https://mobile.twitter.com/VessOnSecurity/status/1036668139185098752?p=v