A federal agency in the United States has detected a potential security vulnerability in the iOS version of Binance’s Trust Wallet wallet.
The US National Institute of Standards and Technology (NIST) added the vulnerability in Binance’s Trust Wallet to its CVE database.
Here or already material damage Security vulnerabilities that have been or could potentially be caused are added. NIST launched an investigation to determine the scale of the vulnerability found in the wallet.
The information in the database indicates that this vulnerability already being abused is showing. Attackers exploited this vulnerability in July 2023. money from some cryptocurrency wallets they stole.
NIST, “An attacker can systematically generate a mnemonic phrase for each timestamp within a specific time period and link them to a specific wallet address in order to steal the funds in that wallet.” said.
As a result of multiple attacks last year, Trust Wallet from $4 million He suffered a lot of losses. Binance purchased the wallet in 2018 and released its own Web3 wallet last year.