Digital asset infrastructure firm fireblocksannounced that many crypto wallet providers have security vulnerabilities.
The Fireblocks research team stated that more than 15 of the most widely used crypto wallet providers have vulnerabilities and customer funds can be drained. fireblocksThis vulnerability allows attackers to easily obtain private keys from a device. BitForge aspect defined.
Fireblocks warns crypto wallet providers
fireblocksAccording to a study by BitForge Widely used crypto wallet providers are in danger due to a vulnerability called These wallet providers serve millions of crypto investors.
BitForgeThis vulnerability, called multilateral computing ( MPC ) can affect wallet providers using technology. Fireblocks mirrored the problems it detected as “zero-day vulnerabilities”. Accordingly, the problems were not previously discovered by the service providers.
Fireblocks stated that if the problems are not fixed, disclosures and attacks may increase. According to the research, funds in the wallets of millions of individual and corporate customers can be reset within seconds. The digital asset infrastructure firm is addressing this problem. coinbase He also stated that he is on the side of Binance. However fireblocksAccording to , these companies have already solved the problem.
coinbasesecurity officer Jeff Lunglhoferthanks Fireblocks for spotting the issues. Lunglhoferstated that customer funds are not in danger on the Coinbase side.
fireblocksexplained that it is trying to reach organizations that may have similar problems and that it constantly warns these organizations.
