Wasabi Wallet Will Pay You to 'Crack' a Bitcoin Wallet

CoinDesk LogoCoinDesk1w ago

Wasabi Wallet Will Pay You to 'Crack' a Bitcoin Wallet - CoinDesk

Quick Summary:

The challenge is part of a week-long educational game that has received support from 12 major partners, including Blockstream, Trezor, BTCPay and others.

The secret words from the Hunting Sats seed and passphrase were distributed to 12 partners, including prominent bitcoin companies like Blockstream, Trezor and BTCPay.

Each partner will randomly reveal their secret word on Twitter, making brute-forcing easier each time a word is publicly revealed.“When users work responsibly with their seed and keep their private key in dedicated cold storage, the risk of cracking the wallet is practically zero,” the release states.“Understanding these basic concepts is one of the first steps towards self-sovereignty and self-custody.

More Pictures

Wasabi Wallet Will Pay You to 'Crack' a Bitcoin Wallet - CoinDesk (Picture 1)Wasabi Wallet Will Pay You to 'Crack' a Bitcoin Wallet - CoinDesk (Picture 2)


Article Details

Author / Journalist: Frederick Munawa

Category: Crypto



Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-01-24 @ 22:37:28 (1 weeks ago)

News Timezone: GMT -5:00

Ranking: #747 (out of 9047 stories this day)

News Source URL:

Language: English

Article Length: 767 words

Reading Time: 5 minutes read

Sentences: 36 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 4745803

View Article Analysis

About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website:

Update Frequency: 13 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 14 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Wasabi Wallet Will Pay You to 'Crack' a Bitcoin Wallet" has 767 words across 36 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Which news outlet covered this story?

The story "Wasabi Wallet Will Pay You to 'Crack' a Bitcoin Wallet" was covered 1 weeks ago by CoinDesk, a news publisher based in United States.

How trustworthy is 'CoinDesk' news outlet?

CoinDesk is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 13 news stories per day.

It's most recent story was published 14 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #4745803
  • URL:

BEAMSTART brings you the latest news, database, and jobs from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting community events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2023 BEAMSTART. All Rights Reserved.