Hong Kong-based blockchain technology company Amber Groupdid a study on Wintermute, which was hacked last week.
Amber Group software developers, wintermute re-simulated the attack of the platform. As a result of the simulation, important security vulnerabilities were detected in the platform.
The developers reached the key wallets of the Wintermute platform within 48 hours with just an Apple MacBook. Amber Group announced the work on its Twitter account.
We have reproduced the recent Wintermute hack. Figured out the algorithm to build the exploit. We were able to reproduce the private key on a MacBook M1 with 16G memory in <48h.
Full writeup coming in the next few days.
— Amber Group (@ambergroup_io) September 27, 2022
“We have re-enacted the attack on the Wintermute platform. We’ve identified security vulnerabilities. We got the platform’s private keys in 48 hours with just a MacBook.”
The ability to crack the private keys of a large platform like Wintermute with a normal laptop has had a great impact in the crypto community.
What is Wintermute? What Happened?
Wintermute, leading DeFi and to cryptocurrency exchanges It is an enterprise that provides liquidity services. Wintermute at first Binance, Huobi and FTX It provides liquidity to many leading crypto platforms.
Cyber thieves attacked the Wintermute platform about 2 weeks ago. Hackers embezzled around $160 million worth of cryptocurrencies from the platform. 90 different types of stolen cryptocurrencies altcoin It was announced by the platform managers that it consisted of a variety of varieties.
Binance CEO Changpeng Zhao stated that hackers thought it was due to a bug in Profanity (an Ethereum address generation tool).
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