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Hackers have stolen over $900,000 through a vulnerability in a utility for Bitcoin wallets.

Experts at the company Distrust have discovered a critical vulnerability in the Libbitcoin Explorer console utility for cryptocurrency wallets that allows attackers to access seed phrases and steal funds.

As of August, the damage from this exploit is estimated at over $900,000😱😱😱😱

It’s really, really unfortunate that such a reliable way to protect cryptocurrencies such as seed phrases has its vulnerabilities, too =(

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