Coinspect Identifies Crypto Wallet Flaw Linked to $5 Million Drain on Bitcoin, Ethereum and Solano
Coinspect has identified a cryptocurrency wallet vulnerability dubbed "Ill Bloom" that has already enabled attackers to drain more than $5 million across multiple blockchains. The flaw stems from weak randomness in wallet key generation, allowing malicious actors to predict private keys and steal funds from wallets created since 2018.
The vulnerability affects wallets across Bitcoin, Ethereum, Solana, Tron, and several Ethereum Layer 2 scaling networks. Exploitation began in late May, with approximately $3 million stolen on May 27 and an additional $2 million drained in recent days. Security firm Slowmist is monitoring the alert, and Coinspect has released an affected address checker while urging wallet providers to integrate weak mnemonic detection tools. The exact number of exposed wallets remains undisclosed, though thousands are believed to be at risk.
From the sources (4 posts)
@slowmist_teamWe're closely monitoring the Ill Bloom wallet weak randomness risk alert from @coinspect . Please check whether any of your historical wallet addresses are affected👉 Thanks to @coinspect for the responsible disclos
@cryptointellabs🚨 Critical "Ill Bloom" wallet vulnerability exploited across multiple blockchains. According to Coinspect Security, attackers are actively exploiting a wallet generation flaw dubbed "Ill Bloom", allowing them to take control of affected wa
@cointelegraph🚨 ALERT: Coinspect finds thousands of crypto wallets across chains like Bitcoin, Ethereum, and Solana at risk from a weak randomness flaw dubbed "Ill Bloom." Over $5M already drained since May 27.
@bscnewsThousands Of Crypto Wallets At Risk Across Chains, $5M Already Drained Security firm Coinspect has identified a weak randomness flaw dubbed "Ill Bloom" affecting wallets across multiple blockchains. The vulnerability touches wallets on B