“The software vendor publicly disclosed this vulnerability in May 2021, released a patched software version and asked users to urgently transfer their affected funds to different wallets. A large majority of users did so, but not all.”
https://milksad.info/posts/research-update-10/
"To summarize, the Cake Wallet cryptocurrency wallet software relied on a weak Pseudo Random Number Generator (PRNG) to generate Bitcoin wallets, which is a catastrophic design flaw."
"Looking for actual public usage, we found:
8757 unique weak main wallets
12999 unique sub-accounts (not counting change addresses)
13401 unique addresses (counting change addresses)
ca. 51600 transactions involving these addresses
About 548.9 BTC of funds have moved through them between 2020-11-30 and 2024-10-10."
Discussion
Yes and because of that by the end of 2024 we had those statistics, meaning now there still are vulnerable wallets because things in Bitcoin are that inert.
the desire to try to get people fired / defunded over any bullshit you can pull out of your ass is major karen energy
cake is a solid open source bitcoin wallet
they have built a solid profitable business around it to make the wallet sustainable
consider doing something productive with your time
Where did I say to defund them?
You also said you / OpenSats don't fund them.
I did not like the way you promote them because they are not Bitcoin only and because they have had vulnerabitlity that led to many vulnerable Bitccoin wallet addresses.
That is why I shared this research so you see what you are actually promoting. Its of course your choice what to promote. Or fund.
its a five year old vulnerability that they ethically disclosed and fixed
you conveniently left that part out
It is. I did not left that part "About 548.9 BTC of funds have moved through them between 2020-11-30 and 2024-10-10.""
Also I put the link.
sounds like a bitcoin wallet that many people are using
seems relevant to have the guy building it on a bitcoin show
let the record show that my original post up above had absolutely zero mention of cake or monero
drama queen bullshit