Newly found Bitcoin pockets loophole let hackers steal $900K — SlowMist

A newly found vulnerability within the Libbitcoin Explorer 3.x library has allowed over $900,000 to be stolen from customers, in response to a report from blockchain safety agency SlowMist. The vulnerability may also have an effect on customers of , , , , , and Zcash who use Libbitcoin to generate accounts.

Libbitcoin is a Bitcoin pockets implementation that builders and validators generally use to create Bitcoin (BTC) and different cryptocurrency accounts. Based on its official web site, it’s utilized by “Airbitz (cellular pockets), Bitprim (developer interface), Blockchain Commons (decentralized pockets id), Cancoin (decentralized change)” and different purposes. SlowMist didn’t specify which purposes that use Libbitcoin, if any, are affected by the vulnerability.

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