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Coldcard's biggest security failure may have cost $70M

Published Source: CryptoPolitanRead original

AI Summary An attacker has drained over 1,000 bitcoin (approx worth around $70 million) from nearly 1,200 wallets that used Coldcard hardware to generate a key seed, Galaxy Research revealed on Friday. The figure is substantially higher than the initial estimates made by the company 24 hours earlier. The potential losses involve all Coldcard users who created... fulltext: 353 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/coldcard-biggest-security-failure-cost-70m/ Source: CryptoPolitan

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Coldcard's biggest security failure may have cost $70M — Crypto Insight