Randstorm Exploit: Bitcoin Wallets Created b/w 2011-2015 Vulnerable to Hacking
Nov 20, 2023
Cryptocurrency / Blockchain
Bitcoin wallets created between 2011 and 2015 are susceptible to a new kind of exploit called Randstorm that makes it possible to recover passwords and gain unauthorized access to a multitude of wallets spanning several blockchain platforms. "Randstorm() is a term we coined to describe a collection of bugs, design decisions, and API changes that, when brought in contact with each other, combine to dramatically reduce the quality of random numbers produced by web browsers of a certain era (2011-2015)," Unciphered disclosed in a report published last week. It's estimated that approximately 1.4 million bitcoins are parked in wallets that were generated with potentially weak cryptographic keys. Customers can check whether their wallets are vulnerable at www.keybleed[.]com. The cryptocurrency recovery company said it re-discovered the problem in January 2022 while it was working for an unnamed customer who had been locked out of its Blockchain.co...