El Salvador: Hackers leak code of state Bitcoin wallet

cyptouser7 months agoCryptocurrencies News91
1205f261>

The saga of El Salvador’s state-operated Bitcoin (BTC) wallet, Chivo, continues to unfold as hackers expose more sensitive information related to the wallet.

The hacker group known as CiberInteligenciaSV released part of the source code on the black hat hacking crime forum BreachForums on April 23.

“This time I bring you the code that is inside the Bitcoin Chivo Wallet ATMs in El Salvador, remember that it is a government wallet, and as you know, we do not sell, we publish everything for free for you,” the hacker group wrote.

Source: BreachForums

The move follows a series of Chivo hack-related events, including the public exposure of personal data of 5.1 million Salvadorans — or almost the entire adult population of the country — which was reported in early April.

Local cybersecurity project VenariX took to X on April 22 to warn the public about the upcoming leak. It referred to CiberInteligenciaSV’s Telegram channel, which posted about plans to release the source code.

“Tonight we will publish part of the source code and VPN access that belongs to Chivo Wallet, for free as always, unless one of you nosy government people wants to talk,” CiberInteligenciaSV’s Telegram post reads.

CiberInteligenciaSV also published the file Codigo.rar, which includes a compilation of code and VPN credentials from the Chivo Wallet ATM network.

In September 2021, El Salvador became the first country in the world to adopt Bitcoin as legal tender, with the government promoting Chivo as the official BTC wallet for citizens. The platform allows users to buy and sell Bitcoin, as well as store and withdraw BTC from ATMs.

Related: El Salvador’s newest Hilton hotel to tap into tokenized debt on Bitcoin

The Chivo wallet had a bumpy start, with users subsequently reporting multiple bugs and technical glitches.

Despite reports of a personal data hack on Chivo surfacing in early April, the Salvadoran government has not addressed the issue.

According to industry reports, El Salvador authorities have not released any official statement related to the hack, causing more confusion about the situation.

Magazine: How to protect your crypto in a volatile market — Bitcoin OGs and experts weigh in

The content on this website comes from the Internet. Due to the inconvenience of proofreading the authenticity and accuracy of the copyright or content of some content, it may be temporarily impossible to confirm the authenticity and accuracy of the copyright or content. For copyright issues or other issues caused by this, please Call or email this site. It will be deleted or changed immediately after verification.

related articles

Over $122M Bitcoin longs liquidated as BTC falls below $61K

Over $122M Bitcoin longs liquidated as BTC falls below $61K

55966e89˃Bitcoin (BTC) experienced the liquidation of over $122 million in leveraged long positions...

Vitalik Buterin wallet contributes 30 ETH to Tornado Cash legal fund

Vitalik Buterin wallet contributes 30 ETH to Tornado Cash legal fund

55966e89˃A wallet associated with Vitalik Buterin, co-founder of Ethereum, transferred 30 Ether, val...

Halving 2024: Where is Bitcoin heading next?

1205f261˃The most awaited event in the crypto world is just around the corner  — the Bitcoin (BTC) h...

Leveraged Ethereum futures ETF to debut on CBOE before spot ETFs launch

The Volatility Shares 2x Ether Strategy ETF (ETHU) will become the first leveraged Ethereum ETF to t...

MOONs live on as r/Cryptocurrency to renounce smart contract igniting 149% surge

In a significant move reshaping the landscape of community-driven cryptocurrencies, r/Cryptocurrency...

Former banker sentenced to 41 months for crypto fraud

Former banker sentenced to 41 months for crypto fraud

55966e89˃On May 31, former investment banker Rashawn Russell was sentenced in Eastern New York Distr...