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Blame lands on Coinkite CTO as BTC exploit loss nears $120M

Published Source: CryptoPolitanRead original

AI Summary Researchers have tied the faulty randomness code at the center of the Coldcard wallet breach to Coinkite co-founder and CTO Peter Gray, who Bitcoin developer James O’Beirne says brushed off a warning about the defect in May 2025. The exploit has now drained roughly $114 million across more than 5,200 Bitcoin addresses, and Coinkite says... fulltext: 347 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/coinkite-cto-peter-gray-linked-coldcard-hack/ Source: CryptoPolitan

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Blame lands on Coinkite CTO as BTC exploit loss nears $120M — Crypto Insight