BitForge Vulnerabilities Exposed in Major Providers ⚠️

Crypto Infrastructure Firm #Fireblocks Identifies #BitForge Vulnerabilities in Over 15 Leading Crypto Wallet Providers.

The vulnerabilities, affecting wallets using multi-party computation (#MPC ) technology, could potentially drain millions of crypto wallets.

These zero-day vulnerabilities could have allowed attackers to extract private keys, endangering retail and institutional customers.

Coinbase, Zengo, and Binance were among the affected providers, which have now resolved the issues. Fireblocks emphasizes the need for security collaboration and urges companies using Web3 technology to prioritize expert guidance for mitigating vulnerabilities.

#Binance

#crypto2023