Bitfi Closes Wallet Bounty Program, Removes ‘Unhackable’ From Branding

Cryptocurrency hardware wallet manufacturer Bitfi has officially closed its bounty program, according to an August 30 tweet, in addition to removing the “unhackable” claim from the wallet’s marketing materials.

In its statement, the company admitted “vulnerabilities,” and yet avoided speaking about multiple alleged hacks of the device. Bitfi also confessed to hiring a “Security Manager who is confirming vulnerabilities that have been identified by researchers.”

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