Security
New Bug Targets Web-Based Crypto Wallets: How 12-Year-Old Code Bug Cost Investors $5.7 Million
U.Today·August 7, 2026·1 min read
A 12-year-old bug in CryptoJS triggered the $5.7 million 'Ill Bloom' exploit across 2,100 web-based crypto wallets. The vulnerability targeted seed phrases, and app updates cannot fix compromised phrases. Investors lost funds due to the legacy code flaw that remained undetected for over a decade.
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