PRIVATE

This attack method, called "GoFetch" by discoverers, does not require administrative access and is concerned that attackers will find it easier to exploit this vulnerability.

According to the development team, "we are not concerned about the value of the data that is prefetched, but the fact that the intermediate data looks like an address is enough to map through the cache channel and reveal the #private key over time. " "This revelation is of particular concern to #cryptocurrency holders, as the private key is the foundation of digital wallet and transaction security.
The impact of GoFetch is so great that it affects not only traditional encryption protocols, but also protocols designed to protect against quantum computing attacks. This puts at risk a wide range of cryptographic keys such as RSA and Diffie-Hellman, as well as post-quantum algorithms such as Kyber-512 and Dilithium-2.
The researchers report that "it takes the GoFetch application less than 1 hour to extract a 2048-bit RSA key and more than 2 hours to extract a 2048-bit Diffie-Hellman key.
Fixing this vulnerability is a major challenge due to the nature of the hardware. Software-based protections can be developed, but performance is often degraded, especially on devices with older M-series chips.
Cryptocurrency developers running on M1 and M2 processors [. "Other protection measures must be used, but most are associated with significant performance degradation," the researchers said, pointing out the difficult road ahead for both developers and users.
Apple has yet to release the results of the GoFetch survey, so the tech community and cryptocurrency users are eagerly awaiting the responses. In the meantime, researchers advise end users to keep an eye out for software updates that specifically address this vulnerability.
Given the slow process required to manually assess implementation vulnerabilities, the cryptocurrency community faces a period of uncertainty and increased risk.

Jake Simmons has been interested in #Bitcoin since 2016.
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Ledger has discovered a security flaw in the Trezor Safe 3 and Safe 5 wallets that could allow users to remotely steal funds.

Ledger has discovered a security flaw in the #Trezor Safe 3 and Safe 5 wallets that could allow users to remotely steal funds.
The microcontroller is vulnerable to power surge attacks, and hackers could modify the firmware and steal private keys.
Trezor's authentication system only checks the protected elements, not the microcontroller, so attacks on the firmware are undetectable.
the latest Trezor Safe 3 and Safe 5 hardware wallets The Safe 3 and Safe 5 hardware wallets have serious security problems, according to a #Ledger report released March 12.
According to the same report, Ledger's security research team, Donjon Donjon, despite Trezor's move to a dual-chip design that includes an EAL6-certified secure element, found numerous vulnerabilities in the wallets that could allow hackers to remotely access user funds.
The flaw occurred despite Trezor's move to a dual-chip design that includes an EAL6-certified secure element. Although the secure element protects the PIN and #private key, Ledger reports that all cryptographic operations are still performed on the microcontroller, making it vulnerable to power surge attacks.
Trezor will release Safe 3 in late 2023 and Safe 5 in mid-2024, and both wallets will be
This update also adds Infineon's Optiga Trust M security element, which is a PIN or encrypted code. This will be a special chip for storing PINs and encrypted secrets; according to research
Leisure, this security element prevents access to sensitive data until the correct PIN is entered. It also blocks hardware attacks such as voltage glitches, which have been used to extract initial phrases from models such as the Trezor One and Trezor T.
However, despite these improvements, according to research by Ledger Donjon, The microcontroller used in
Safe 3 and Safe 5 is labeled TRZ32F429, but it is actually

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However, Balaji notes that these smart things lack coordination and memory. That is, they can't synchronize with each other or with their owners online and store memories of those conversations.

Balaji says that even if they could, there's a serious problem: "Who owns the private key? "
Buterin, in his typical fashion, proposed a solution that he believes could solve this problem. He stated that explicit control over private keys and technology should belong to people personally.
This implies that, as in the case of wallets, the owner should have full control without relying on intermediaries who created such technology. LINE
Vitalik Buterin emphasized an important point regarding the security of such technologies. He noted that self-protection "is not a standard outcome in the current crypto ecosystem. "LINE BREAK Users still place funds in centralized organizations such as exchanges. LINE BREAK This may seem convenient, but it exposes owners to inconvenient risks such as mismanagement and hacking. Exposing owners to mismanagement, hacking, and other inconvenient risks. Fraudsters have already begun exploring the use of #Elon Musk's artificial bots.
Therefore, Buterin advocates a more decentralized approach to the artificial Internet of Things, where the owner of the #private key has full control over the technology. He states. This will minimize attacks by malicious actors seeking to take control and "infiltrate" such smart homes.
Buterin concludes with an important point.
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Just two weeks after the U.S. Securities and Exchange Commission (SEC) opened its cyber division to combat digital fraud, the New York State Assembly is considering bill A06515 to combat cryptocurrency fraud.

the bill was proposed on March 5 and provides
"Virtual #Token Fraud, It seeks to create "offenses related to illegal carpetbagging, #private key fraud, and fraudulent failure to disclose interest in virtual tokens.
Bill A06515 speaks to the potential of #blockchain , but seeks "regulations consistent with the spirit of blockchain and the need to combat fraud.
The bill lists #DeFi applications such as storing and moving money, investing, creating art and voting, and praises the technology for propelling us to the "cutting edge of the future.
The bill also mentions token fraud, equating private key fraud with debit card PIN theft. The bill also mentions private key fraud, equating private key fraud to the theft of debit card PINs.
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-The DJT token, linked to Donald Trump and his son Barron, plummeted 1% in 2002/2024 due to a massive £8.6 million sale of one wallet 90.

the wallet, which controls 20% of the supply, made a large transaction that caused the #token to crash. Funds were redistributed among 4 different wallets.
Marthin Shkreli, who claimed to have created and promoted the token with Barron Trump, distanced himself from the project after the price drop, accusing Barron of denying the existence of the token or access to the #private key.
The DJT token, thematically linked to Donald Trump and his son Barron, fell 8.6% to 90% in 2024. The sharp drop in market capitalization, which fell from ¥5,500 million to ¥3,300 million in a matter of minutes, was caused by a massive ¥1 million sale by 200 wallets.
the collapse was caused by wallet
"20UGM4, which owned about 6% of DJT's entire offering. During a single transaction, it liquidated a huge amount of tokens, causing a #chain reaction that led to a rapid token crash. The proceeds from the sale were then distributed to 4 different wallets.
According to Coingecko, TrumpCoin (DJT) was trading at 0.0058. In just 8 hours after trading began on 6/2, the token fell in price almost instantly and lost 90% of its value. Martin Shkreli, known for his previous role
"Pharma Bro, initially claimed that he and Barron Trump created and promoted the token. However, after the price plummeted, Shkreli backed away from the project, blaming Baron Trump for the collapse. In comments on social media, Shkreli denied that he owned DJT tokens or had access to private keys that controlled the liquidity and said he had no idea about the current situation.
Further investigation revealed that DJT's Telegram channel shared an admin with another token backed by Shkreli, prompting speculation about his involvement in the project.

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Highlights Infini Neobank was hacked and lost $49.5 million due to a private key hack. The attackers exchanged the assets for ETH and transferred them to a new wallet.

Infini's co-founder said that the company has the financial resources to cover the losses and assured users that all losses will be recovered.
The attack followed the hack of the $1.4 billion Bybit wallet. The attack followed the Bybit wallet hack, pointing to a growing wave of #cryptocurrency security breaches in 2024.
Infini Neobank was hacked, losing $49.5 million in a #private key hack, amid a series of high-profile exploits and cryptocurrency banking.
Early in the morning of February 24, CertiK, a blockchain security company, discovered unauthorized transactions from Infini Neobank's Ethereum contracts. Using a compromised private key, an attacker accessed a wallet associated with Infini and withdrew $49.5 million. According to
Lookonchain, the hacker quickly converted the stolen USDC into 49.5 million #DAI and bought 17,696 #ETH . The funds were then transferred to a newly created wallet, making them difficult to track and recover.
Infini Neobank hacker quickly converted the stolen USDC into 49.5 million DAI and subsequently purchased 17,696 ETH. lookonchain
The hack was not due to a vulnerability in the smart contract, but due to poor private key management, which raises serious concerns about Infini's security practices
His message was sent by another co-founder. he was supported by @0xsexybanana, who confirmed Infini's willingness to compensate the victims. However, Infini's official channels have yet to make an official statement on the matter, and the exact timeline for recovery remains unclear.
co-founder @0xsexybanana confirmed Infini's willingness to compensate the victims.
The Infini Neobank hack joins a series of major security breaches in 2024, including the $1.4 billion Bybit exploit a few days ago. In the case of Bybit, hackers manipulated the logic of a smart contract to empty its cold wallet.
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