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4 related posts from @zachxbt, @coinspect, @mobymedia
Coinspect Security reported that a weak randomness vulnerability in Ill Bloom wallets has led to approximately $5 million in thefts, with thousands of accounts still at risk across multiple chains. Separately, on-chain detective ZachXBT announced his criteria for taking cases, requiring single thefts over $250,000, favorable jurisdiction, supported chain, and no memecoin/prediction markets.
The Ill Bloom wallet vulnerability is a long-standing issue since 2018 that remains unpatched, causing ongoing thefts. ZachXBT's post clarifies his selective case intake to ensure efficient use of his resources.
Over $5 million stolen across Bitcoin, Ethereum, L2s, Tron, and Solana; thousands of addresses remain vulnerable. No comprehensive fix has been announced yet.
ZachXBTblockchain detectiveZachXBT is a crypto detective and Council members at Polygon Labs.
Coinspect SecurityExposing crypto wallet vulnerabilities to protect usersCoinspect Security is a blockchain security firm that analyzes crypto wallet vulnerabilities and discloses security issues. It has identified insecure wallet seeds and traced stolen funds.
4 related posts from @zachxbt, @coinspect, @mobymedia
Coinspect Security released initial findings on the Ill Bloom wallet weak randomness risk, including an affected address checker and on-chain analysis. The issue has impacted users across multiple chains since 2018, with approximately $3 million stolen on May 27 and another ~$2 million moved from exposed wallets recently. Thousands of accounts remain at risk on Bitcoin, Ethereum, L2s, Tron, and Solana.