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Security firm Coinspect has disclosed a crypto wallet flaw it calls Ill Bloom, and attackers are already using it. The flaw is in how some wallet software generated its recovery phrase, the words that control the money. When that phrase is made with weak randomness, an attacker can work it out and take everything it controls

More from The Hacker News 10 Jul 2026, 9:00 p.m. Incident · 3 stories Cryptocurrency Disclosure Exploit Flaw Vulnerability