"A 'Blockchain Bandit' Is Guessing Private Keys and Scoring Millions"

Security researchers with the firm, Independent Security Evaluators, have discovered the storing of cryptocurrency with easily guessable private keys and the exploitation of these keys by a blockchain bandit to steal the cryptocurrency, Ethereum. According to researchers, the crypto bandit amassed a fortune worth over $50 million through the use of these guessable weak keys. This article continues to discuss the discoveries surrounding the generation of weak private keys and the abuse of these keys by a blockchain bandit to swipe 45,000 Ethereum valued at more than $50 million. 

Wired reports "A 'Blockchain Bandit' Is Guessing Private Keys and Scoring Millions"

Submitted by Anonymous on