The latest version of Phantom Wallet may have security vulnerabilities, users should be aware of the risks
23pds, the Chief Information Security Officer of SlowMist Technology, issued a warning that the latest version of the Phantom wallet may have security vulnerabilities. Victims have explained the risk of Phantom Profile: when users import mnemonic phrases from unknown sources, if the mnemonic phrase is already associated with Phantom Profile, the wallet will automatically log into that account system, putting the user's assets at risk of being stolen.
According to the victim's description, when users who have not enabled Phantom Profile import such mnemonic phrases, the wallet will automatically log into the attacker's account system that was pre-set, rather than just importing a single wallet address. As the latest version of Phantom uses a unified account system (Unified Profile System), this operation will give the attacker the associated permissions of the user's device, thereby monitoring the user's subsequent deposit behavior and implementing coin theft.
Reminder: Never import mnemonic phrases from unknown sources under any circumstances. It is recommended that users use a brand new device when importing a new wallet to avoid damage to their main assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Barclays discloses BlackRock Bitcoin ETF holdings worth $131 million
Barclays has emerged as one of the top holders of BlackRock’s Bitcoin ETF as of Dec. 31, according to a Thursday 13F filing with the SEC.The global investment bank disclosed that it holds 2.47 million IBIT shares, worth $131 million.
![](https://img.bgstatic.com/multiLang/image/social/1262290151f4b76bd382009cb2d9bb5e1739544296129.jpg)
Why Altcoins Are Lethargic Despite All These Positive Developments? Why Isn’t Altcoin Season Coming? Senior Executive Answered
Bitwise Asset Management Chief Investment Officer Matt Hougan responded to the possibility of an altcoin season in his statement.
![](https://img.bgstatic.com/multiLang/image/social/70514ae31ea180897f24d98993ace4ef1739542267736.jpg)
SEC Takes First Positive Step For Dogecoin (DOGE) and XRP! What Happens Next?
The SEC has accepted Grayscale’s 19b-4 filing for its Dogecoin and XRP ETF, paving the way for its approval.
![](https://img.bgstatic.com/multiLang/image/social/af8fafa66c891176f3e3cc1e8f2d71a51739542262945.png)
Telegram's built-in crypto wallet now supports buying USDT with zero transaction fees
Trending news
MoreCrypto prices
More![Bitcoin](https://img.bgstatic.com/multiLang/coinPriceLogo/bitcoin.png)
![Ethereum](https://img.bgstatic.com/multiLang/coinPriceLogo/ethereum.png)
![XRP](https://img.bgstatic.com/multiLang/coinPriceLogo/ripple.png)
![Tether USDt](https://img.bgstatic.com/multiLang/coinPriceLogo/0208496be4e524857e33ae425e12d4751710262904978.png)
![Solana](https://img.bgstatic.com/multiLang/coinPriceLogo/solana.png)
![BNB](https://img.bgstatic.com/multiLang/coinPriceLogo/binance.png)
![USDC](https://img.bgstatic.com/multiLang/coinPriceLogo/usdc.png)
![Dogecoin](https://img.bgstatic.com/multiLang/coinPriceLogo/dogecoin.png)
![Cardano](https://img.bgstatic.com/multiLang/coinPriceLogo/cardano.png)
![TRON](https://img.bgstatic.com/multiLang/coinPriceLogo/tron.png)