Skip to main content

Researchers find tons of red flags in Bitfi’s ‘unhackable’ cryptocurrency wallet


Last week, John McAfee offered up $100,000 to anyone who could break into the Bitfi wallet – a device advertised as the world’s first completely “unhackable” cryptocurrency wallet. Bitfi even asked that all attempts be made public. An ad-hoc collective of hackers and security researchers is doing just that, already finding a bunch of kinks that throw the device’s security into question. While nobody has managed to claim the $100,000 reward for stealing the $50 worth of cryptocurrencies inside, the squad have torn it apart. Ryan Castellucci, software engineer and hardware hacker commented that Bitfi appears to be exactly what it seems to…

This story continues at The Next Web

from The Next Web https://ift.tt/2LLDo6t
Labels:

Comments

Post a Comment

Popular posts from this blog

TNW Podcast: Boris comes over to co-host; Slack’s Cal Henderson talks European tech

 Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s episode, Andrii is joined by Boris Veldhuijzen van Zanten, co-founder, member of the board, and former CEO of TNW. The topics discussed include the jobs created by Dutch startups, giant state funding for energy projects, translations of the word ‘computer’, and a bunch of other things in between. In the interview section, we’re featuring a conversation with Cal Henderson, co-founder and… This story continues at The Next Web from The Next Web https://ift.tt/jUgcNFD
Post a Comment
Read more

Google’s ‘time crystals’ could be the greatest scientific achievement of our lifetimes

Eureka! A research team featuring dozens of scientists working in partnership with Google‘s quantum computing labs may have created the world’s first time crystal inside a quantum computer. This is the kind of news that makes me want to jump up and do a happy dance. These scientists may have produced an entirely new phase of matter. I’m going to do my best to explain what that means and why I personally believe this is the most important scientific breakthrough in our lifetimes. However, for the sake of clarity, there’s two points I need to make first: Time crystals are a… This story continues at The Next Web Or just read more coverage about: Google from The Next Web https://ift.tt/3fdRQlg
Post a Comment
Read more

Defining humanlike intelligence and entrusting it with our lives, explained by an AI researcher

TNW Answers is a live Q&A platform where we invite interesting people in tech who are much smarter than us to answer questions from TNW readers and editors for an hour.  Yesterday, Melanie Mitchell, the author of ‘Artificial Intelligence: A Guide for Thinking Humans’ and the Davis Professor of Complexity at the Santa Fe Institute, hosted a TNW Answers session where she spoke about how much we should really trust AI, her worries surrounding the technology, and defining humanlike intelligence in machines.  [Read: Chess grandmaster Gary Kasparov predicts AI will disrupt 96% of all jobs] Most fears around AI usually… This story continues at The Next Web from The Next Web https://ift.tt/2w7anvS
Post a Comment
Read more