OneKey Hardware Crypto Wallet’s Vulnerability is Revealed via Unciphered
Unciphered, a cybersecurity company, has revealed a significant flaw in OneKey’s hardware bitcoin wallet. The business was successful in obtaining the private key, also referred to as the mnemonic seed phrase, from the OneKey Mini hardware wallet using a “man-in-the-middle” assault. A YouTube video showed how to do the hack.
OneKey addresses the issue after Unciphered alerts it
After Unciphered made OneKey aware of the vulnerability, the company quickly fixed it. The Hong Kong-based business, which secured $20 million in funding last year, highlighted that the Unciphered attack’s method could not be carried out remotely and would need both the wallet and specialist tools. The users weren’t impacted.
Attacks on private keys are still a concern in the cryptosphere
Sadly, assaults utilizing private keys continue to be a significant issue in the bitcoin industry. A good example is the current suspension of OracleSwap, a DEX protocol on the Songbird Network. The FTSO provider disclosed that the breach of its private keys occurred as a result of the open source code process. Delegates have been encouraged to discontinue access and change FTSO providers.