Blogs

Bitcoin wallet hack in El Salvador

Apr 26, 2024 | Community News

April 26, 2024

Hackers further exposed information about El Salvador’s state-run Bitcoin wallet, Chivo, by leaking part of its source code on April 23. The hacker group CiberInteligenciaSV shared the code on a black hat hacking forum, stating their intent to make government-related information freely available.

Prior to this, the same group leaked personal data of 5.1 million Salvadorans who had downloaded the wallet, including names, ID numbers, birth dates, addresses, and photos. The recent leak also included code and VPN credentials related to Chivo’s ATM network.

Despite these breaches, the Salvadoran government has not issued an official response. Chivo was launched in September 2021 alongside Bitcoin’s adoption as legal tender, but its rollout faced challenges with software bugs and technical issues, including delays in promised incentives and difficulties in ATM transactions.

To improve Chivo’s functionality, the government announced plans to implement lightning network technology in over 100 ATMs by Q4 2024, aiming to facilitate faster and cheaper Bitcoin transactions. However, reports suggest that only a small fraction of the population has used the wallet for remittance payments, a key feature it was designed for.

Did you like this article?

Did you like this article?

0 Comments

Latest Posts

Shakira announces giveaway of her customized “Soltera” Lamborgh …

This exciting giveaway from Shakira has certainly captured the attention of her fans and car enthusiasts alike. The announcement not only highlighted her generosity but also showcased her fun dynamic with Sebastián Yatra, sparking speculation about a potential musical...

6ix9ine will have to get a real job

6ix9ine, known for his tumultuous legal history, has encountered further complications following recent probation violations. After being arrested weeks ago for breaching probation terms, the rapper spent approximately 45 days in jail. These violations stem from a...

Colombia has banned child marriage after a 17yr campaign

After 17 years of efforts by advocacy groups and eight failed attempts, Colombian lawmakers have passed a bill banning child marriage, known as They are Girls, Not Wives. The law, passed after a long debate, prohibits marriage for anyone under 18. This new law closes...

Events

Related articles

Chayanne in Toronto tonight

Chayanne in Toronto tonight

Chayanne's Bailemos Otra Vez Tour is set to electrify the Scotiabank Arena in Toronto tonight at 8 p.m. The celebrated Puerto Rican singer and actor, whose real name is Elmer Figueroa Arce, adopted...

Remembrance Day 2024 in Toronto

Remembrance Day 2024 in Toronto

Toronto is marking Remembrance Day 2024 with ceremonies across the city. Prospect Cemetery (1450 St Clair Ave. W.): Sunrise service at 8 a.m. with Mayor Olivia Chow in attendance. Meadowvale...