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El Salvador: Hackers leak code of state Bitcoin wallet

Summary:


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A leak of El Salvador's state bitcoin wallet has exposed a list of 52 bitcoin addresses containing 2,096.85 BTC (worth around $40 million).
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The leak is believed to have originated from a hack of the state-owned Chivo wallet, used to store and manage the country's bitcoin reserves.
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The incident raises concerns about the security and transparency of El Salvador's bitcoin operations.
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El Salvador adopted bitcoin as legal tender in September 2021 and has invested heavily in the cryptocurrency.
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President Nayib Bukele has been a vocal supporter of bitcoin, but the leak has sparked criticism of the government's handling of the country's bitcoin funds.
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The government is investigating the incident, but has not yet commented publicly.
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The leak highlights the risks and challenges of adopting a decentralized and volatile asset like bitcoin as legal tender.



Key points:


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Leak exposes 52 bitcoin addresses containing 2,096.85 BTC
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Hack believed to have originated from state-owned Chivo wallet
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Security and transparency concerns raised
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El Salvador adopted bitcoin as legal tender in 2021
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Government investigating, but no public comment yet
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Leak highlights risks of adopting bitcoin as legal tender




https://cointelegraph.com/news/el-salvador-hacks-leak-state-bitcoin-wallet submitted by /u/Darkr0n5
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