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How Hackers Hack Crypto WalletsTop 5 Cyber Attacks Aimed at Crypto Wallet Apps � 1. Stealing the Locally Stored Passphrase or Private Key used by Crypto Wallet Apps � 2. Harvesting Passphrase. A newly discovered vulnerability in the Libbitcoin Explorer 3.x library has allowed over $, to be stolen from Bitcoin users, according to. Step 1 � Initiate the Transfer via Burp Suite Request. Get any spot or futures wallet with more than a $0 balance. Then, initiate the transfer.