11 Aug '13, 10pm

Android Bitcoin wallet apps vulnerable to theft

Android Bitcoin wallet apps vulnerable to theft

According to an official blog post from Bitcoin developers, 'critical weaknesses' have been discovered in every Bitcoin wallet app available for Android. The problems surfaces in any Android app that generates secure random numbers. This means that all Android Bitcoin apps are affected including Bitcoin Wallet, blockchain.info wallet, Bitcoin Spinner, and Mycelium Wallet. All wallets operating via. Android are vulnerable for theft and users have been warned to re-secure existing wallets. To re-secure wallets, a users must carry out 'key rotation'. 'Key rotation' means generating a new address with a random number generator and then send all of your current wallet's money back to yourself. Users are urged to update to Android's latest wallets when they become available in the Google Play Store. A new wallet generated by key rotation will require the user to contact anyone w...

Full article: http://www.t3.com/news/android-bitcoin-wallets-apps-vulne...

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