Verichains Discovers Critical Key Extraction Attacks in Popular Threshold Signature Scheme for MPC Wallets and Digital Asset Custody
blog.verichains.io
Verichains announced today that it discovered critical Key Extraction Attacks in many popular Threshold Signature Scheme (TSS) implementations, a Multi-Party Computing (MPC) protocol. MPC is commonly used by multiparty wallets and digital asset custody solutions and has quickly become the standard for securing digital assets by major blockchain and financial institutions, including BNY Mellon (the largest global custodian bank), Revolut (Europe’s largest neobank), ING, Binance, Fireblocks, Coinbase, and others. It's important to clarify that the inclusion of these names does not imply that they are vulnerable to our attacks.
Verichains Discovers Critical Key Extraction Attacks in Popular Threshold Signature Scheme for MPC Wallets and Digital Asset Custody
Verichains Discovers Critical Key Extraction…
Verichains Discovers Critical Key Extraction Attacks in Popular Threshold Signature Scheme for MPC Wallets and Digital Asset Custody
Verichains announced today that it discovered critical Key Extraction Attacks in many popular Threshold Signature Scheme (TSS) implementations, a Multi-Party Computing (MPC) protocol. MPC is commonly used by multiparty wallets and digital asset custody solutions and has quickly become the standard for securing digital assets by major blockchain and financial institutions, including BNY Mellon (the largest global custodian bank), Revolut (Europe’s largest neobank), ING, Binance, Fireblocks, Coinbase, and others. It's important to clarify that the inclusion of these names does not imply that they are vulnerable to our attacks.