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OneKey Identifies Flaw Threatening 120K Bitcoin Private Keys

OneKey uncovers a flaw in a popular crypto library that could expose 120,000 Bitcoin keys, showing why strong randomness is vital for wallet security.

Written By:
Kenrodgers Fabian

Reviewed By:
Gopal Solanky

Last updated: October 18, 2025 12:39 PM
Published October 18, 2025 12:39 PM
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Last updated: October 18, 2025 12:39 PM
Published October 18, 2025 12:39 PM
OneKey Identifies Flaw Threatening 120K Bitcoin Private Keys

Cryptocurrency self-custody wallet OneKey has revealed a vulnerability that could impact up to 120,000 Bitcoin private keys. The flaw stems from the Libbitcoin Explorer (bx) 3.x library, which several wallets used to generate private keys. The issue, discovered after the Milk Sad incident, exposes wallets to brute-force attacks because the library relied on a weak random-number algorithm. 

According to the OneKey report, the problem originated from bx’s use of the Mersenne Twister-32 algorithm. It generated random numbers using only the system time as a seed, which limited randomness to 2³² possible values. Consequently, attackers could predict wallet keys by testing all possible seeds within days. 

“The vulnerability disclosed in the Milk Sad incident does not affect the mnemonic or private key security of any OneKey hardware or software wallet,” the company confirmed on X. 

The vulnerability disclosed in the Milk Sad incident does not affect the mnemonic or private key security of any OneKey hardware or software wallet.

Vulnerability Overview

The issue originated from Libbitcoin Explorer (bx) 3.x, which generated random numbers using the Mersenne… pic.twitter.com/BsqhFIeNsl

— OneKey (@OneKeyHQ) October 17, 2025

OneKey’s security evaluation

OneKey conducted a comprehensive test across macOS, Windows, Android, and iOS to assess the quality of its mnemonic generation. The findings confirmed that all platforms use cryptographically secure random number generators following NIST SP 800-22 and FIPS 140-2 standards. Moreover, OneKey’s browser version uses a built-in Chrome security tool to create random numbers, while its Android and iOS apps use secure systems built into each phone’s operating system.

Besides, every OneKey hardware wallet has its own chip that makes random numbers inside the device, following strict security rules to lower tampering risks. Older models also use built-in systems that meet global security checks. However, OneKey advised users not to move recovery phrases made on software wallets into hardware ones, since weaker randomness could make private keys easier to guess.

At the same time, experts from Cisco Talos and Google found that a North Korean hacking group called Famous Chollima is hiding malware inside blockchain smart contracts. The group uses a new trick called “EtherHiding” to sneak in harmful code, mainly targeting job seekers through fake interviews to steal their crypto and personal information.

The discovery shows how crucial real randomness is when creating wallet keys. Hardware wallets that generate their own keys make it harder for hackers to guess them.

Also Read: Binance Investigated by French Authorities for Money Laundering

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Bitcoin (BTC)Cryptocurrency
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Fabian is Crypto Journalist at The Crypto Times
By Kenrodgers Fabian
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Kenrodgers Fabian is a Content Writer with over 3 years of experience in crypto news, data analysis, and IT. With a degree in Health Records and Information Technology, he brings a structured and analytical approach to digital reporting. Kenrodgers focuses on delivering accurate, informative content that helps readers stay updated on the latest trends in crypto and emerging technologies.
Gopal Solanky - Crypto Research Analyst at The Crypto Times
By Gopal Solanky Sr. Crypto Journalist
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Gopal Solanky is a Research Analyst and Reporter with over 5 years of experience in DeFi, blockchain, crypto, IT, and financial markets. With a Bachelor's in Computer Applications, he brings a strong technical foundation to his analysis and reporting. Gopal focuses on breaking down complex topics for both seasoned investors and curious readers. His work has been referenced by publications like Business Insider and Vulture.com, highlighting his contributions to industry stories around topics like Huwak Tuah Memecoin and the FTX collapse.

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