SlowMist Cosine: The longer the seed phrase/private keys are used online and the more people share them, the easier it is to leak and the harder it is to troubleshoot.

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MarsBit
05-31
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Mars Finance News, on May 31st, Slowmist founder Yu Xian stated that a user's four seed phrases were leaked, and the funds in the corresponding four wallet addresses were stolen. Based on the on-chain operation method, after the hacker address received the funds, they were all converted to ETH and then washed away through FixedFloat. The longer a seed phrase/private key is used online and shared among multiple people, the more likely it is to be leaked, and the more difficult it becomes to investigate the cause of the leak.

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