Want $100K? Just hack John McAfee's 'unhackable' crypto-wallet

McAfee partnered with hardware wallet company Bitfi last month to launch the first "truly unhackable and open-source crypto-wallet," according to CoinTrust. Hardware wallets are cryptocurrency wallets that store your private keys in a secure hardware device. McAfee and Bitfi are very confident about their crypto-wallet's security. "This bounty program is not intended to help Bitfi to identify security vulnerabilities," the company wrote on its website for the contest, "since we already claim that our security is absolute and that the wallet cannot be hacked or penetrated by outside attacks." However, McAfee's bounty program looks more like an advertising campaign for Bitfi because you have to purchase a Bitfi wallet and preload it with $50 worth of coins in order to participate. If you can hack into the wallet you bought and extract the coins, that would be considered a successful hack, and you could claim the $100K cash prize.

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