TSSHOCK - Breaking MPC Wallets and Digital Custodians for Billion Dollar Profit

Explore a groundbreaking Black Hat conference talk that unveils critical vulnerabilities in Multi-Party Computation (MPC) wallets and digital asset custody solutions. Delve into the world of Threshold Signature Schemes (TSS) and discover how attackers could potentially exploit 0-day attacks to steal billions of dollars worth of cryptocurrency. Learn about the core cryptographic protocols used by major institutions, including banks, exchanges, and wallets, to authorize transactions without revealing individual secret keys. Gain insights into the far-reaching implications of these security flaws for digital asset financial ecosystems. This 27-minute presentation, delivered by a team of cybersecurity experts, offers a deep dive into the technical intricacies and potential consequences of these newly discovered vulnerabilities.