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Tag: ill bloom

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Crypto wallet and related technology on a desk in a brightly-lit office space.

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.

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