This is a very very massive hack. But of course the stackers know that. My guess is that the 'real' hacking is just beginning.
A low-entropy passphrase is not good enough because a '25th word' is a joke to brute force it's basically like not even having one. And a lot of people won't know about the hack, and now that the whole world is looking for it all the those seed phrases are toast. Next the hackers will be using low-entropy '25th words' with low-entropy seeds just GPUs to rainbow-tables.
A lot of cold card customers will be waking up confused as to what happened.
Not to mention a lot of people don't have access to the HWW or they are at work or traveling or whatever so they can't just move things. Plus they need a safe seed to move it to. Plus my guess is that anything in the mempool... will only draw attention to vulnerable seeds which will be brute-forced by hungry hackers.
Twitter is saying the bug potentially effects mk3 mk4 and Q devices.
This is a very very massive hack. But of course the stackers know that.
My guess is that the 'real' hacking is just beginning.
A low-entropy passphrase is not good enough because a '25th word' is a joke to brute force it's basically like not even having one. And a lot of people won't know about the hack, and now that the whole world is looking for it all the those seed phrases are toast. Next the hackers will be using low-entropy '25th words' with low-entropy seeds just GPUs to rainbow-tables.
A lot of cold card customers will be waking up confused as to what happened.
Not to mention a lot of people don't have access to the HWW or they are at work or traveling or whatever so they can't just move things. Plus they need a safe seed to move it to. Plus my guess is that anything in the mempool... will only draw attention to vulnerable seeds which will be brute-forced by hungry hackers.
Twitter is saying the bug potentially effects mk3 mk4 and Q devices.