Cybersecurity · 1 views
Coldcard Hardware Wallet Flaw Linked to $70 Million Bitcoin Theft in 41 Minutes
An attacker drained 1,196 Bitcoin addresses in 41 minutes on July 30, taking 1,082.65 BTC worth about $70.2 million at the time.
AI Summary
An attacker drained 1,196 Bitcoin addresses in 41 minutes on July 30, taking 1,082.65 BTC worth about $70.2 million at the time. Galaxy Research mapped the sweep and tied it to a firmware flaw in Coldcard, the Bitcoin-only hardware wallet made by Canadian firm Coinkite. A March 2021 firmware integration error routed seed generation to a deterministic softwa…
Read full article on The HackernewsAI summaries can be wrong sometimes—always verify important details using the source article.
How AI & Automation are usedEnjoyed this article? Consider supporting HappeningNow to help keep independent AI-powered news analysis moving forward. Your contribution helps cover infrastructure, AI summaries, and continued platform development.
Support HappeningNowMore from Cybersecurity
Continue reading recent Cybersecurity coverage