Infamous Hacker Group Trying To Hack Bitcoin!

According to a recent report by Bleeping Computer, a notorious hacker group TeamTNT reappeared and now Bitcoin trying to hack.

Notorious Hacker Group TeamTNT Eyes Bitcoin

The group in question is reportedly trying to hijack Bitcoin servers and pour all their resources into decryptors to be able to hack Bitcoin.

BTC for key and signatures secp256k1 It uses the elliptic curve.

When cryptocurrencies became popular, the choice of this particular encryption method took cryptography experts by surprise.

Because the secp256k1 curve was not well known compared to other methods.

TeamTNT hackers are trying to hack elliptic curve encryption with stolen resources.

However, these efforts of hackers should not be taken too seriously.

They may be experimenting with new attack methods rather than actually trying to hack BTC.

For now, BTC is considered completely safe.

Because there is no system that can hack it.

However, some experts believe that it will be possible to hack BTC in the coming years.

Mark Webber, a quantum physicist at the University of Sussex, has suggested in recent months that a quantum computer with more than 300 million qubits could pose a major threat to BTC.

In such a case, it may be necessary to initiate a quantum resistant hardfork to protect BTC from supercomputers.

Experts see one of the most important features of BTC as the fact that it has never been hacked.

However, Ripple CTO David Schwartz recently stated that there is a high probability that BTC has some serious bugs that have not yet been detected.

*Not investment advice.