GoPlusSecurity: Hardware wallet vulnerability leads to the theft of approximately $38 million in Bitcoin
2026-07-31 15:40:57
According to CoinMeta, GoPlusSecurity reports that recent incidents have resulted in the theft of approximately $38 million worth of Bitcoin. The warning sign is that if there are flaws in the entropy generation phase, even strong encryption may be based on a flawed foundation. Coinkite confirmed that the affected seeds were generated before the release of the mk4 / mk5 /q firmware fix, with only about 72 bits of entropy instead of the expected 128 bits. mk3 was also affected, posing an even higher risk. Artificial intelligence is rapidly reducing the time and cost required to identify weaknesses in cryptographic designs and implementations. Recent results have significantly weakened post-quantum candidates Hawk and increased the theoretical attack potential for the 7 rounds of AES by 200-800 times. Users should migrate to new seeds as soon as possible. It is recommended to generate new seeds on unaffected devices or upgrade mk4 / mk5 to version 5.6.0+ and q to 1.5.0q+ before creating new seeds. The future of cryptographic security depends not only on the strength of the algorithms but also on the comprehensive security of entropy sources, implementations, devices, and user operations.
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