Cybersecurity

Attackers Exploit 'Ill Bloom' Vulnerability to Drain $3.1 Million From Cryptocurrency Wallets

Security firm Coinspect has disclosed a crypto wallet flaw it calls Ill Bloom, and attackers are already using it.

Source The Hacker News AI Summary Updated 1h 48m ago

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Security firm Coinspect has disclosed a crypto wallet flaw it calls Ill Bloom, and attackers are already using it. The flaw is in how some wallet software generated its recovery phrase, the words that control the money. When that phrase is made with weak randomness, an attacker can work it out and take everything it controls. Coinspect has co…

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