Hardware Wallet Randomness Bug Leads to $38M Bitcoin Theft

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A critical flaw in a hardware bitcoin wallet has resulted in the theft of 594 BTC, worth approximately $38 million. The vulnerability stemmed from a bug in the wallet's random number generation, which weakened seed phrases that were supposed to be cryptographically secure. This made private keys that should have been practically unguessable vulnerable to being derived by attackers. The funds were drained in a swift 25-minute sweep, suggesting a coordinated and calculated exploit. The incident highlights serious security risks in wallet firmware and the consequences of flawed entropy generation.

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