{"id":597772,"date":"2023-11-15T05:30:09","date_gmt":"2023-11-15T02:30:09","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-wallets-made-before-2016-are-facing-new-attack-risks\/"},"modified":"2023-11-15T05:30:09","modified_gmt":"2023-11-15T02:30:09","slug":"bitcoin-wallets-made-before-2016-are-facing-new-attack-risks","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-wallets-made-before-2016-are-facing-new-attack-risks\/","title":{"rendered":"#Bitcoin wallets made before 2016 are facing new attack risks\u00a0"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/01\/bitcoin_cryptocurrency-e1681846263727.jpeg?w=900\" \/><\/p>\n<div>\n<p>Bitcoin wallets made before 2016 could be facing new attack risks due to a recently discovered software flaw, according to a new report from cryptocurrency startup Unciphered. <\/p>\n<p>Unciphered on Tuesday <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.unciphered.com\/randstorm\">said<\/a> the flaw, dubbed \u201cRandstorm,\u201d includes a collection of bugs, design choices and API (<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>lication Programming Interface) changes that increased the vulnerability of Bitcoin wallets created between 2011 and 2015. <\/p>\n<aside class=\"ad-unit ad-unit--mr1_ab\"><\/aside>\n<p>That flaw may have impacted an estimated 1.4 million Bitcoin and if about 3 to 5 percent of wallets were impacted, the value of the coins at risk of being stolen is about $1.2 to $2.1 billion, according to the startup. <\/p>\n<p>The issue was <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.unciphered.com\/blog\/randstorm-you-cant-patch-a-house-of-cards\">discovered last year<\/a> after the startup was working with a customer who was locked out of a Bitcoin wallet made on the site now known as Blockchain.com. While investigating how to recover the wallet, Unciphered discovered an issue in wallets made by BitcoinJS from 2011-2015. <\/p>\n<p>The startup said this flaw also was found in some Dogecoin wallets made in that same period on Dogecoin.info. <\/p>\n<p>Unciphered first shared their findings with <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/technology\/2023\/11\/14\/bitcoin-wallet-passcode-flaw\/\">the Washington Post<\/a>, which reported BitcoinJS was supposed to make wallets with random cryptographic keys, but the flaw created keys that were not random enough. <\/p>\n<p>Unciphered pointed out that the discovery of the flaw does not mean Bitcoin or <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> is not broken, but rather a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of programming mistakes that spread across several technologies between 2011-2015. <\/p>\n<p>Those who believe their wallet may be vulnerable were advised to move their assets to a new or more recently created wallet.<\/p>\n<aside class=\"ad-unit ad-unit--mr2_ab\"><\/aside>\n<p>Unciphere emphasized it\u2019s not the first organization to pick up on the vulnerability, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.unciphered.com\/randstorm\">pointing to<\/a> a series of instances in the past eight years where individuals drew attention to problems with blockchain technology. <\/p>\n<\/div>\n<p>Copyright 2023 Nexstar <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Media<\/a> Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thehill.com\/business\/4310230-bitcoin-wallets-made-before-2016-are-facing-new-attack-risks\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin wallets made before 2016 could be facing new attack risks due to a recently discovered software flaw, according to a new report from cryptocurrency startup Unciphered. Unciphered on Tuesday said the flaw, dubbed \u201cRandstorm,\u201d includes a collection of bugs, design choices and API (Application Programming Interface) changes that increased the vulnerability of Bitcoin wallets&#8230;<\/p>\n","protected":false},"author":1,"featured_media":597773,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/01\/bitcoin_cryptocurrency-e1681846263727.jpeg?w=1280","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[74862,86883,117,76127,10574,134661,90482,40445,115,134354,70289],"class_list":["post-597772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-dogecoin","tag-business","tag-cryptocurrency","tag-education","tag-energy-environment","tag-house","tag-media","tag-news","tag-nexstar-media-wire-news","tag-senate"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/597772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=597772"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/597772\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/597773"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=597772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=597772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=597772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}