Security News > 2019 > April > Research on private key generation reveals theft of ETH funds from accounts with discoverable keys

Researchers at Independent Security Evaluators (ISE) have discovered 732 actively used private keys on the Ethereum blockchain. In their new study titled Ethercombing, ISE found that poorly implemented private key generation is also facilitating the theft of cryptocurrency. Example flow of deriving an Ethereum address from a private key The researchers identified 13,319 Ether (ETH) which was transferred to both invalid destination addresses and forever lost, as well as to wallets derived from weak private … More → The post Research on private key generation reveals theft of ETH funds from accounts with discoverable keys appeared first on Help Net Security.

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