Profanity tool vulnerability drains $3.3M despite 1Inch warning

Decentralized exchange aggregator 1inch Network issued a warning to crypto investors after identifying a vulnerability in Profanity, an Ethereum (ETH) vanity address generating tool. Despite the proactive warning, apparently, hackers were able to make away with $3.3 million worth of cryptocurrencies. On Sept. 15, 1Inch revealed the lack of safety in using Profanity as it used a random 32-bit vector to seed 256-bit private keys.

A subsequent investigation by blockchain investigator ZachXBT showed that a successful exploit of the vulnerability allowed hackers to drain $3.3 million in crypto. However, hackers tend to attack the bigger wallets before moving over to wallets with lesser value. Users owning wallet addresses generated with the Profanity tool have been advised to “Transfer all of your assets to a different wallet ASAP!” by 1Inch.

Source https://cointelegraph.com/news/profanity-tool-vulnerability-drains-3-3m-despite-1inch-warning

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