Vulnerability found in the bitbox wallet, which is used for the bitcoin cryptocurrency

16.02.2024
Vulnerability found in the bitbox wallet, which is used for the bitcoin cryptocurrency

a security vulnerability has been found in the bitbox wallet, which is used for the bitcoin cryptocurrency. the vulnerability was discovered by an independent security researcher named saleem rashid, who reported the issue to shift cryptosecurity, the company that created the wallet.

the vulnerability affects the bitbox wallet firmware version 7.5.0, which was released in september 2018. the vulnerability allows an attacker to bypass the wallet’s security features and gain access to the user’s private keys. this would allow the attacker to steal the user’s bitcoins.

shift cryptosecurity has released a firmware update, version 8.0.1, which fixes the vulnerability. the update also includes other security improvements, such as a new screen lock feature and improved backup and restore functionality.

users of the bitbox wallet are strongly advised to update their firmware to version 8.0.1 as soon as possible, to protect themselves from the vulnerability. the update can be downloaded from the shift cryptosecurity website.

it is important to note that the vulnerability was discovered by a security researcher who reported it to the company responsible for the wallet, and that the company has taken prompt action to fix the issue. this highlights the importance of responsible disclosure in the security community, and the need for companies to take security seriously and respond quickly to reported vulnerabilities.

in summary, the vulnerability in the bitbox wallet firmware version 7.5.0 has been fixed with the release of firmware version 8.0.1. users of the wallet are advised to update their firmware as soon as possible to protect themselves from the vulnerability.


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