Dare to Steal Bitcoin? Zengo Challenges Hackers to Win Prizes of Billions Dollar

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8 Jan 2024
46

Are you a hacker who is confident in your abilities? Zengo Wallet , a  crypto wallet that claims high levels of security, has just thrown down a daring challenge with a prize you can't refuse. They are offering up to 10 Bitcoins (BTC), equivalent to more than IDR 6 billion, for anyone who can break into their crypto wallet . Check out the complete news below!

Unique Challenges from Zengo


Zengo Wallet does not play around in proving the security of their system. They invited hackers to try to break into the  crypto wallet they had prepared with a balance of up to 10 BTC.
Not only that, Zengo will confidently share two of the three security factors used to secure the wallet. In this 15-day challenge, Zengo will gradually increase the number of Bitcoins in his wallet and reveal the security factors.
Starting from 1 BTC on the first day, an additional 4 BTC on the sixth day, and another 5 BTC on the thirteenth day. Each addition is accompanied by the disclosure of a security factor, giving hackers a chance to try their luck.

Zengo Wallet Security
Zengo claims that their crypto wallet is more secure than conventional hardware wallets. By using Multi-Party Computation (MPC) technology, Zengo eliminates seed phrase vulnerabilities commonly found in other crypto wallets .
These wallets rely on two separate “secret sections” to sign transactions. One of the secret parts is stored on the user's mobile device, while the other resides on the MPC network.
Zengo also provides a three-factor authentication (3FA) method to back up user secrets. This shows how serious Zengo is in prioritizing security and innovation in their products.
Conclusion
This challenge is not only about proving the security of the Zengo wallet, but also to encourage discussion about MPC technology in the  crypto community . With very tempting prizes, Zengo invites you to test their security. So, are you ready for this challenge and the chance to become the next crypto billionaire ?



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