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#8 The Hacker News general July 10, 2026 at 09:00 UTC

Attackers Exploit 'Ill Bloom' Vulnerability to Drain $3.1 Million From Cryptocurrency Wallets

By [email protected] (The Hacker News)

AI Summary

Security firm Coinspect disclosed the 'Ill Bloom' vulnerability affecting cryptocurrency wallet software that uses weak randomness during recovery phrase generation, enabling attackers to reconstruct phrases and drain wallets — with one confirmed coordinated sweep in May stealing $3.1 million. Wallet developers and users should audit RNG implementations and consider moving funds from any wallet generated with potentially weak entropy.

Read full article → https://thehackernews.com/2026/07/attackers-exploi…

Relevance score: 74.0/100

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