Bitcoin app issues critical update after rare bug leads to total crypto breakdown

Blockchain has issued an update for the Android version of its bitcoin wallet after discovering a critical failure which breaks the cryptocurrency's security

Bitcoin wallet application Blockchain has rushed to release an update after a critical bug left multiple users unaware that they were sharing a bitcoin wallet, leaving their cryptocurrency completely unsecured.

The bug affected users running Blockchain's app on Android version 4.1 or older, the company says, and it "resulted in one specific address being generated multiple times, leading to a loss of funds for a handful of users."

I'm just sitting here like "1/4i at the foolish audacity of acquiring remotely generated entropy for your Bitcoin app over plaintext

Wallet relied on http://t.co/tbMRgU4EP2, which wasn't random? Just another day in the Bitcoin clown show. https://t.co/3QkFk04qVE