12 Aug '13, 10am

All Bitcoin Wallets On Android “Vulnerable To Theft”

All Bitcoin Wallets On Android “Vulnerable To Theft”

The Bitcoin (BTC) community has warned that due to a recently discovered critical weakness in Android’s secure random number generator, every single Bitcoin wallet for Google’s mobile OS is “vulnerable to theft”. Bitcoin.org has advised users to transfer all virtual currency from their mobile wallets to a new, secure Bitcoin address, not generated on a smartphone or tablet. There have already been several reports of stolen BTC balances on Android devices. App developers have been notified, and are currently working to fix the problem. Not so random Bitcoins are a digital currency based on an open-source, peer-to-peer Internet protocol, first introduced in 2009 by an anonymous developer known under the alias ‘Satoshi Nakamoto’. Bitcoins cannot be traced, and their ownership cannot be established. This has led to their popularity among certain Internet subcultures, anarchist...

Full article: http://www.techweekeurope.co.uk/news/all-bitcoin-wallets-...

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