Tag: financial theft

Attackers Drain $3.1 Million Using 'Ill Bloom' Crypto Wallet Flaw

A single coordinated attack exploited the Ill Bloom flaw on May 27, draining a staggering $3.1 million from 431 wallets in a single day. This shocking theft was made possible by a weak random-number generator in certain wallet software that created easily guessable recovery phrases.