John McAfee’s ‘unhackable’ cryptocurrency wallet has been hacked (again)

Remember John McAfee’s supposedly “unhackable” cryptocurrency wallet? It appears a group of researchers is about to prove the once-lauded antivirus pioneer wrong.

After cracking the so-called Bitfi wallet to play legendary game DOOM on it, today the researchers were able to successfully send signed transactions with the device – that is despite the “security” mechanisms Bitfi has in place to prevent attackers from doing that.

Well, that’s a transaction made with a MitMed Bitfi, with the phrase and seed being sent to a remote machine.

That sounds a lot like Bounty 2 to me. pic.twitter.com/qBOVQ1z6P2

— Ask Cybergibbons! (@cybergibbons) August 13, 2018

With this development in mind, the researchers believe they have fulfilled the conditions of Bitfi’s $10,000 bug bounty. Bitfi had three criteria to claim the rewards: namely that researchers should be able to prove they can modify the device, connect to the Bitfi server, and send…