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Coinspect confirms $3.1M from 431 wallets drained due to Ill Bloom flaw, affecting crypto wallets from mobile apps built weak ...

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The Ill Bloom vulnerability created weak seed phrases, letting attackers drain 431 crypto wallets for $3.1 million.

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Thousands of crypto wallets are exposed. A newly identified security flaw called "Ill Bloom" targets the very foundation of how recovery phrases get generated ...