Beam Wallet: a bug has been found
Security

Beam Wallet: a bug has been found

By Amelia Tomasicchio - 9 Jan 2019

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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 Tomasicchio

As expert in digital marketing, Amelia began working in the fintech sector in 2014 after writing her thesis on Bitcoin technology. Previously author for Cointelegraph and CMO at Eido. She is now the co-founder and editor-in-chief of The Cryptonomist.

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