Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forks => Bitcoin Forum => Bitcoin Cash Forum => Topic started by: Tnoy30 on July 03, 2020, 08:03:25 AM
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BRD, Ledger Live, and Edge are among the wallets vulnerable to a new double-spend exploit, but some believe the vulnerability is inherent to Bitcoin itself.
On July 2, crypto security firm ZenGo identified a double-spend exploit targeting several popular Bitcoin (BTC) wallets, dubbed ‘BigSpender’
Of nine cryptocurrency wallets tested by ZenGo, BRD, Ledger Live, and Edge were found to have been vulnerable to the attack. The three companies updated their products after ZenGo notified them of the threat, however the firm warned that “millions” of crypto users may have been exposed to the exploit prior to its identification.
Despite the wallets’ move to protect against BigSpender, Bitcoin Cash (BCH) proponent Hayden Otto claims the vulnerability is inherent to Bitcoin “by design” and can still be exploited.
Read on: https://cointelegraph.com/news/bch-backer-claims-bitcoin-wallet-double-spend-issue-hasnt-been-fixed