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#crypto theft

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Qubic Freezes Blockchain After Attacker Drains 1.4K Wallets With Weak Seeds
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Qubic Freezes Blockchain After Attacker Drains 1.4K Wallets With Weak Seeds

Key Highlights: Qubic patched a critical vulnerability in its web wallet caused by using JavaScript’s non-cryptographic Math.random() function for seed generation. Network validators, known as Computors, will vote on recovery options for frozen funds once the core team completes its audit of impacted wallets. The incident adds to an ongoing pattern of seed-generation vulnerabilities across ...

Ledger Investigates Potential Wallet Tampering After Reported $86M Crypto Theft
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Ledger Investigates Potential Wallet Tampering After Reported $86M Crypto Theft

Key Highlights: Ledger has instructed official reseller CryptoBilis to halt sales and shipments amid an active investigation into potential device-related security issues. Users who acquired devices from the vendor within the last 90 days are advised to hold off on setup or migrate funds to a freshly generated recovery phrase if already in use. While ...