Newly discovered Bitcoin wallet loophole let hackers steal $900K — SlowMist By Cointelegraph

A newly discovered vulnerability in the Libbitcoin Explorer 3.x library has allowed over $900,000 to be stolen from users, according to a report from blockchain security firm SlowMist. The vulnerability can also affect users of , , , , , and Zcash who use Libbitcoin to generate accounts.

Libbitcoin is a Bitcoin wallet implementation that developers and validators sometimes use to create Bitcoin (BTC) and other cryptocurrency accounts. According to its official website, it is used by “Airbitz (mobile wallet), Bitprim (developer interface), Blockchain Commons (decentralized wallet identity), Cancoin (decentralized exchange)” and other applications. SlowMist did not specify which applications that use Libbitcoin, if any, are affected by the vulnerability.