Dear Ginco users
Thank you for using Ginco.
On November 26th 2018, "Copay", a Bitcoin wallet has reported that they have found a vulnerability in their service in their latest announcement.
Regarding this report, we would like to make a follow-up explanation about Ginco's security.
Report from Copay
A Bitcoin wallet "Copay" has announced that in the recent version of their wallet has included a malicious program, leaking users' private key to the outside of their wallet.
Cause of the incident
According to their announcement, an open source library Copay was using in their wallet was updated and it has contained the malicious code to attack the users' wallet. The incident has occurred due to this updated was reflected in their wallet's code.
Ginco is not using the library which has been used in the Copay wallet's attack incident.
Our user's assets would be kept safely in your wallet.
Source Code Governance in Ginco
Only our board members who are responsible for our business are authorized to release Ginco application to our users.
Please note that our security is always protected since no other members can modify our code and release it through the app distributing platform (ex: Appstore, Google Play Store) under any kind of circumstances.
For our user's security
In order to provide secure products to all of our users, we are working hard at all cost to maintain our security.
We will keep on making announcements regarding our update and development information.