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Old Bitcoin Wallets Vulnerable to 'Randstorm' Attack, Billions at Risk

Cybersecurity firm Unciphered discovers flaw affecting wallets created between 2011 and 2015, advises users to transfer assets to newer wallets.

  • Cybersecurity firm Unciphered has discovered a vulnerability, dubbed 'Randstorm', that affects Bitcoin wallets created between 2011 and 2015.
  • The flaw could put an estimated $1.2 to $2.1 billion worth of cryptocurrency at risk.
  • The vulnerability also affects Dogecoin, Litecoin, and Zcash wallets, along with multiple other blockchains and projects.
  • Users have been advised to transfer their assets to more recently created wallets.
  • The flaw is due to a series of programming mistakes that occurred between 2011 and 2015.
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