Topic: #vulnerability
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Ill Bloom Vulnerability Drains $5M From Thousands of Crypto Wallets
Coinspect identified a critical vulnerability affecting thousands of wallets across Bitcoin, Ethereum, Polygon, and other chains. The "Ill Bloom" exploit stems from weak recovery phrase generation in certain software wallets, with at least $5 million drained since May 27.
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Security researcher recovers $2M in locked ETH from nine-year-old HongCoin bug
A white-hat security researcher discovered and fixed an integer-overflow vulnerability in the HongCoin ICO smart contract, recovering approximately $2 million worth of ETH that had been trapped since the 2016 token sale failed to reach its funding goal.