12 Aug '13, 8am

Bitcoin for Android hit by bug

Bitcoin said in a statement on Sunday that the component of Android responsible for generating secure random numbers “contains critical weaknesses, that render all Android wallets generated to date vulnerable to theft.” It said any wallet app generated by Android, including Bitcoin Wallet, blockchain.info, BitcoinSpinner and Mycelium, could be open to attack. Bitcoin is a peer-to-peer digital currency which can be used to purchase real-world as well as online goods and services. Bitcoins are "mined" by peers in the Bitcoin network, which authenticates and records every transaction made in the currency, avoiding the need for a central regulator. Bitcoin said secure updates for the affected applications were currently being developed and advised users to upgrade to the latest versions available in the Google Play Store as soon as they are released. Users of Android Bitcoin a...

Full article: http://www.telegraph.co.uk/technology/news/10236991/Bitco...

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