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TECH · DIGEST · BTCBTC-0.5%6.26M bitcoin exposed to key risk

6.26 million bitcoin held behind exposed public keys as security concerns rise

digest · 2 sources
2 independentfirst seen published latency 3 min

Glassnode co-founder identified Glassnode Co-Founder Counts 6.26 Million BTC With Exposed Public Keys.The Defiant · · read it at the source bitcoin stored behind exposed public keys, according to The Defiant. The exposed balance has grown by 222,000 BTC since May, while total Bitcoin supply increased by 64,000 BTC in the same period, per CoinDesk reporting.

Exposed public keys create a security vulnerability, as they can theoretically be used to derive private keys through computational methods.

Sources: CoinDesk, The Defiant

This article is for information only and is not financial advice.

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Tags: Bitcoin, SecurityRisk, PublicKeys

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