Newly discovered Bitcoin wallet loophole let hackers steal $900K — SlowMist

The vulnerability can also affect users of Ethereum, Ripple, Dogecoin, Solana, Litecoin, Bitcoin Cash and Zcash who use Libbitcoin to generate accounts.SlowMist Security AlertRecently, #Distrust discovered a severe vulnerability impacting cryptocurrency wallets utilizing the #Libbitcoin Explorer 3.x variations. The team likewise stated that it will be monitoring the address in case funds are moved elsewhere.Four members of the Distrust team, along with 8 freelance security specialists who claim to have helped discover the vulnerability, have set up an informative website explaining the vulnerability. When the user reached out to other Libbitcoin users to attempt to identify how the BTC could have gone missing out on, the individual found that other users were likewise having their BTC siphoned away.Wallet vulnerabilities continue to pose a problem for crypto users in 2023.

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The group likewise mentioned that it will be monitoring the address in case funds are moved elsewhere.Four members of the Distrust group, along with 8 freelance security specialists who claim to have actually assisted find the vulnerability, have set up an informational website explaining the vulnerability. When the user reached out to other Libbitcoin users to attempt to identify how the BTC could have gone missing, the person found that other users were likewise having their BTC siphoned away.Wallet vulnerabilities continue to position an issue for crypto users in 2023. Cybersecurity accreditation platform CER released its wallet security rankings in July, keeping in mind that only six out of 45 wallet brands use penetration testing to find vulnerabilities.

A newly discovered vulnerability in the Libbitcoin Explorer 3.x library has actually allowed over $900,000 to be stolen from Bitcoin users, according to a report from blockchain security company SlowMist. The vulnerability can also impact users of Ethereum, Ripple, Dogecoin, Solana, Litecoin, Bitcoin Cash and Zcash who utilize Libbitcoin to create accounts.SlowMist Security AlertRecently, #Distrust discovered a severe vulnerability impacting cryptocurrency wallets utilizing the #Libbitcoin Explorer 3.x versions. This vulnerability enables aggressors to gain access to wallet personal keys by making use of the Mersenne Twister pseudo-random …– SlowMist (@SlowMist_Team) August 10, 2023