$ZIL slides 10% after Zilliqa warns of critical Ledger app nonce flaw enabling private key recovery
AI Market Summary
Zilliqa disclosed a critical Ledger app nonce-generation flaw affecting native (nonEVM) Schnorr signatures, enabling private key recovery from public on-chain data after ~5 transactions. The issue reportedly impacted all versions from 2019–2026 and was actively exploited on July 19, increasing immediate security and custody risk. The disclosure is likely to pressure ZIL sentiment and liquidity as users reassess wallet safety and exposure.
Impact level
● High
AI InsightAI Insight
▼ Bearish
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$ZIL fell 10% after Zilliqa disclosed a critical vulnerability in its Ledger app affecting nonce generation for native (nonEVM) Schnorr signatures. The issue could allow attackers to recover private keys using only publicly available on-chain data after roughly five transactions. Zilliqa said the bug impacted all versions released between 2019 and 2026, and noted it was actively exploited on July 19. STAY SAFU!
