Small Leaks, Billions of Dollars - Practical Cryptographic Exploits That Undermine Crypto Wallets

Explore a critical examination of Multi-Party Computation (MPC) protocols and implementations in cryptocurrency wallets during this 36-minute Black Hat conference talk. Delve into the challenges of securing MPC, a cryptographic technique protecting hundreds of billions of dollars in crypto assets for major platforms like Coinbase, Binance, and Zengo. Discover practical cryptographic exploits that potentially undermine leading crypto wallets, impacting millions of consumers and thousands of financial institutions. Learn from speakers Arik Galansky, Nikolaos Makriyannis, and Oren Yomtov as they reveal vulnerabilities in common MPC algorithms powering wallets for numerous fintechs and banks.