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Fireblocks discloses massive vulnerability affecting crypto wallets

Fireblocks said the vulnerabilities affecting Coinbase, Binance, and Zengo have since been fixed and has reached out to more than 12 others still at risk. Over 15 widely-used crypto wallet providers and projects have gaping vulnerabilities that could potentially see millions of crypto wallets drained, according to digital asset infrastructure firm Fireblocks. In an Aug. 9 press release, Fireblocks said the series of vulnerabilities, dubbed BitForge, are affecting wallets using multi-party computation (MPC) technology, which allows for multiple parties to control and manage crypto currency holdings. 1/ The Fireblocks research team has uncovered BitForge, a set of vulnerabilities in some of the most widely adopted MPC protocols, that allow an attacker to retrieve a private key from a single device. Read on → https://t.co/xo2r9zgCvj pic.twitter.com/7q1nEeVBwO — Fireblocks (@FireblocksHQ) August 9, 2023 The identified issues were disclosed as “zero day” vulnerabilities — meaning ...