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Fireblocks disclosed vulnerabilities for crypto wallets

Research group Fireblocks has disclosed several vulnerabilities that could affect wallet s using multi-party computation (MPC) technology providers. The company explained that the BitForge vulnerabilities had affected some of the most important wallet providers, like Coinbase, Zengo, and Binance. 1/ The Fireblocks research team has uncovered BitForge, a set of vulnerabilities in some of the most widely adopted MPC protocols, that allow an attacker to retrieve a private key from a single device. Read on → https://t.co/xo2r9zgCvj pic.twitter.com/7q1nEeVBwO — Fireblocks (@FireblocksHQ) August 9, 2023 Fireblocks’s researchers added that the vulnerabilities could allow hackers and malicious insiders to take funds from the wallets of millions of retail and institutional users. “It is evident from our findings that not all MPC developers and teams are created equal. Companies leveraging web3 technology should work closely with security experts with the know-how an...