Hacking News
Wallet Check Robbed: Custodial Bot Users Lose Nearly $1M
BloomTrading's custodial bot users lost nearly $1M as their wallets were drained. Custodial means the bot held the keys, and users trusted the box. The hackers leaked customer information, then stole a key used for wallet authenticity, allowing counterfeit wallets to pass verification. This highlights the risk of custodial services and the importance of verifying wallet authenticity.