cognitive cybersecurity intelligence

News and Analysis

Search

Coldcard Hardware Wallet Flaw Linked to $70 Million Bitcoin Theft in 41 Minutes

Coldcard Hardware Wallet Flaw Linked to  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. 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 software pseudorandom number generator (PRNG

Source: thehackernews.com –

Subscribe to newsletter

Subscribe to HEAL Security Dispatch for the latest healthcare cybersecurity news and analysis.

More Posts