Crypto News

CZ: ColdCard Wallet Hacked, Trust Wallet Previously Encountered Similar Vulnerability

Binance founder CZ reposted an incident on X where a user was attacked via a Coldcard wallet and stated that Trust Wallet also encountered similar issues many years ago. At that time, due to the use of a pseudo-random number generator (not truly random), it caused losses of approximately $12 million, but the team covered the users' losses. Software will always have vulnerabilities. The key lies in who is responsible for maintaining it.

Source: TechFlow Crypto News

Original source: Cointelegraph