Can Bitcoin Holders Lose All Their Funds Due To A "Tech Upgrade"?

Can Bitcoin Holders Lose All Their Funds Due To A "Tech Upgrade"?

Bitcoin Core, the main software used by most full Bitcoin nodes, recently released versions 30.0 and 30.1 and it came with a warning that peaked people's interests on Tuesday. In the absolute worse case scenario, investors actually could lose their funds. NOTICE: Wallet Migration bug present in Bitcoin Core wallet 30.0 & 30.1.Under rare circumstances, migrating a legacy (BDB) wallet can delete all wallet files on the same node. If those wallets…

Critical wallet bug found in Bitcoin Core v30, users urged to backup

Legacy wallets risk deletion during Bitcoin Core v30 migration. Back up wallet and data directories before attempting upgrades. Modern wallets and hardware wallets remain largely safe. A critical bug has been discovered in Bitcoin Core v30, raising alarms for users planning to upgrade their wallets. The issue specifically affects the wallet migration process, which is designed to transfer old wallets to the latest software version. Under certain…

Bitcoin Core v30 bug risks fund loss during legacy wallet upgrades

Bitcoin Core urged users of versions 30.0 and 30.1 not to migrate legacy wallets after discovering a bug that can delete all files in a wallet …

Bitcoin Core pulls v30 downloads over bug that can scrub Satoshi-era wallets

Developers have already admitted to a serious bug in Bitcoin Core Version 30 (v30), the highly controversial software update that runs approximately 4,000 of the network’s 24,600 reachable nodes. Specifically, any such node operator who uses its built-in wallet software and didn’t back up their Berkeley DataBase (BDB) file prior to migration to v30, could have lost all their money. The bug is also present in version 30.1, a supposedly more secur…

Bitcoin Core v30 Bug Can Delete Files When Migrating Legacy Wallets

Bitcoin Core has warned users of versions 30.0 and 30.1 not to migrate legacy wallet due to possible fund caused by a bug that can delete all files.