Fireblocks warned of vulnerabilities in wallets with multiple signatures – Bits Media

Fireblocks announced the discovery of a series of vulnerabilities called Bitforge, which is more prone 15 Popular cryptocurrency wallets. Millions of dollars were at risk.

Fireblocks experts reported, that the vulnerabilities of the BitForge group are found in protocols of multilateral calculations (MPC), Therefore, the means of users of wallets with multiple signatures were threatened. An attacker, Taking advantage of vulnerability, It will be able to get a closed key from one device..

“If vulnerabilities are not corrected as soon as possible, then hackers and attackers will be able to pump out funds from wallets of millions of private and institutional customers. The process will take them a few seconds, At the same time, the hacker does not need to know the user, not a wallet supplier ", -emphasized in the press release Fireblocks.

Among the wallets were threatened by Coinbase, Zengo and Binance. They were reported in advance of vulnerabilities, Therefore, the problems found have already been fixed. Representatives of Coinbase and Zengo thanked Fireblocks and emphasized, that the user funds were not affected by hackers. Now Fireblocks experts determine what other wallets are subject to vulnerabilities and are associated with their developers.

“We are glad to see, that multiple signatures are universally common in the digital asset industry. but, obviously, Not all developers and teams of MPC protocols create high -quality and safe code. Company, Using Web3, must work closely with security experts, to be ahead and eliminate vulnerability ", - noted the technical director and co -founder of Fireblock Pavel Berengolts (Pavel Beregoltz).

Earlier, Certik experts reported an important vulnerability in the Worldcoin cryptocurrency project.