The post TeamTNT Attempts To Hack Bitcoin’s Encryption: Should You Be Worried? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
A recent report by Bleeping Computer discloses that TeamTNT, a notorious hacking group, has rolled over again, and it is now trying to ‘break’ Bitcoin.
Reportedly, these hackers are hijacking servers and using their extended resources for running encryption solvers for BTC. Bitcoin makes use of the secp256k1 elliptic curve for its keys and signatures, and TeamTNT hacking group has been attempting to break the encryption with stolen resources.
However, a major USP of the Bitcoin asset is that it has never been hacked, and it is possible that this attempt is also harmless. For now, it can be said that BTC is 100% safe and se