Tech 27 November 2017

Jasmine Solana

Yet another breach hits SegWit Gold

Another week, another security issue for SegWit Gold (SWG).

On Sunday, the SWG team warned users who downloaded their wallet for Windows between Nov. 21, 09:39 UTC and Nov. 25, 22:30 UTC that they are “at risk of a malware infection.” The warning stemmed from reports that an unknown party has gained access to the SWG project’s GIthub repository and replaced the official Windows wallet download with a different file.

Two suspicious files of unknown origins have been linked to the project’s download page and Github release page file downloads for “approximately 4.5 days,” according to the SWG statement. The team also warned users not to presume that the files are safe, even though they do not trigger antivirus or anti-malware software.

“Any user who verified the SHA-256 checksum of the download against the checksum listed on our Download pages is already aware the file is not authentic and should not have used the file, but nobody should assume that all users take this important step,” the group stated.

The latest breach will likely unnerve SWG fans who are already rattled by last week’s news that the project’s official website had promoted a fraudulent web wallet that stole $3.3 million from investors.

The website, called MyBTGWallet, was described as an early wallet version where users can check their SWG balance and, in the future, use to transact with their SegWit Gold. Investors, however, reported that they have lost at least $30,000 worth of ethereum, $72,000 worth of litecoin, $107,000 worth of SWG, and more than $3 million worth of BTC from submitting private keys to the web wallet.

The team behind SWG reassured users that the Github repository has already been secured, even as the stream of cyber security issues has yet to show any signs of letting up.

“The suspicious file has already been replaced with a known safe file whose checksum matches. Our team is performing a security audit to ensure the safety of all other systems, and we will attempt to ascertain the purpose of the file,” according to SWG.

Note: Tokens in the SegWit chain are referred to as SegWit1X (BTC) and SegWit Gold (SWG) and are no longer Bitcoin. Bitcoin Cash (BCH) is the only true Bitcoin as intended by the original Satoshi white paper. Bitcoin BCH is the only public block chain that offers safe and cheap microtransactions.

Note: Tokens on the Bitcoin Core (SegWit) chain are referenced as BTC coins; tokens on the Bitcoin Cash ABC chain are referenced as BCH, BCH-ABC or BAB coins.

Bitcoin Satoshi Vision (BSV) is today the only Bitcoin project that follows the original Satoshi Nakamoto whitepaper, and that follows the original Satoshi protocol and design. BSV is the only public blockchain that maintains the original vision for Bitcoin and will massively scale to become the world’s new money and enterprise blockchain.

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