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#crypto wallet exploit

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Qubic Network Halts Operations Following $1.3 Million Wallet Drain
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Qubic Network Halts Operations Following $1.3 Million Wallet Drain

Key Highlights: A security flaw in Qubic’s wallet seed generation led to the theft of tokens valued at approximately $1.26 million based on CoinGecko pricing on Oct. 18. The vulnerability stemmed from using the insecure JavaScript function Math.random() instead of cryptographically secure alternatives across several Apple operating system environments. Qubic deployed a fix in wallet ...

Ledger Wallet Mystery Deepens as Suspected Losses Reach $93.4M
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Ledger Wallet Mystery Deepens as Suspected Losses Reach $93.4M

Key Highlights: Blockchain intelligence firm Bitquery estimates that roughly $92.9 million was drained across 311 unique wallet addresses, aligning closely with findings from on-chain analyst Kamal. Former Mt Gox CEO Mark Karpelès highlighted that altered Ledger devices bought via third-party sellers could contain hidden surveillance hardware capable of capturing seed phrases during initialization. While an ...