Randstorm Exploit: Bitcoin Wallets Created b/w 2011-2015 Vulnerable to Hacking

Bitcoin wallets created between 2011 and 2015 are susceptible to a new kind of exploit called Randstorm that makes it possible to recover passwords and gain unauthorized access to a multitude of wallets spanning several blockchain platforms. "Randstorm() is a term we coined to describe a collection of bugs, design decisions, and API changes that, when brought in contact with each other, combine

Goodbye SHA-1: NIST Retires 27-Year-Old Widely Used Cryptographic Algorithm

The U.S. National Institute of Standards and Technology (NIST), an agency within the Department of Commerce, announced Thursday that it's formally retiring the SHA-1 cryptographic algorithm. SHA-1, short for Secure Hash Algorithm 1, is a 27-year-old hash function used in cryptography and has since been deemed broken owing to the risk of collision attacks. While hashes are designed to be