🚨 Crypto wallet giants draw attention to security vulnerabilities! Major digital asset wallet providers such as Fireblocks, Coinbase WaaS, Zengo and Binance have disclosed security vulnerabilities in their technology. 😱
🔍 These vulnerabilities, called "Bitforge", apply to popular multiparty computation (MPC) protocols such as GG-18, GG-20 and Lindell17, which allow cryptocurrencies to be controlled and managed by multiple individuals and groups.
🛡️ Fortunately, Coinbase, Zengo and Binance, who were specifically notified by Fireblocks in advance, have fixed the problems. Binance CEO Changpeng Zhao announced that the exchange has fixed the vulnerability and user funds are not affected.
🤔 So what do you think? Do such vulnerabilities affect the reliability of cryptocurrencies? We are waiting your comments! 👇