HomeBlockchainSecurityBeam Wallet: a bug has been found

Beam Wallet: a bug has been found

As reported by the company’s official Twitter profile, critical vulnerabilities have been found on Beam, a wallet released by Beam privacy, a blockchain and cryptocurrency developed on the MimbleWimble protocol.

Today on the Beam Wallet, bugs would be discovered that involve all versions of the app, both desktop and CLI.

Beam wallet has tweeted the guidelines to prevent any problems from users.

  • Do not delete the database or wallet data because the vulnerability does not affect data stored in the wallet, private keys or passwords;
  • Uninstall the app;
  • Download the app again from the official website.

Like Grin, Beam also has the purpose of user privacy, and for this, it defines a “privacy coin”, as you can read on the project website.

For the time being, the Beam team did not give any further explanations regarding the bug.

Amelia Tomasicchio
Amelia Tomasicchiohttps://cryptonomist.ch
As expert in digital marketing, Amelia began working in the fintech sector in 2014 after writing her thesis on Bitcoin technology. Previously author for several international crypto-related magazines and CMO at Eidoo. She is now the co-founder and editor-in-chief of The Cryptonomist, and also PR manager for the Italian market at Bitget. She is also a marketing teacher at Digital Coach in Milan and she published a book about NFTs for the Italian publishing house Mondadori, while she is also helping artists and company to entering in the sector. As advisor, Amelia is also involved in metaverse-related project such as The Nemesis and OVER.