The next version of Bitcoin Core, a popular digital wallet for the cryptocurrency, could be hacked and replaced with a malicious look-alike by state sponsored actors, reads a safety warning.
On 17 August, open-source project Bitcoin.org announced the threat on its website. The alert reads:
“Bitcoin.org has reason to suspect that the binaries for the upcoming Bitcoin Core release will likely be targeted by state sponsored attackers. As a website, Bitcoin.org does not have the necessary technical resources to guarantee that we can defend ourselves from attackers of this calibre. We ask the Bitcoin community, and in particular the Chinese Bitcoin community to be extra vigilant when downloading binaries from our website.”
Downloading a malicious binary could open the door for an attacker to steal all of a user’s Bitcoins, the statement indicates. It could also enlist users into a botnet for the purposes of siphoning hundreds of thousands (if not millions) of dollars worth of Bitcoin out of the market.