Coinkite destroyed its remaining Coldcard inventory after a firmware vulnerability was exploited to steal at least 1,367.05 BTC, worth about $88.6 million, from thousands of bitcoin wallets. The company released a patched firmware version and is working with affected customers and law enforcement to help recover funds and identify those responsible. #Coinkite #Coldcard #Chainalysis #FBI
Keypoints
- Thieves exploited a Coldcard firmware flaw to steal bitcoin from customer wallets.
- Coinkite destroyed all remaining inventory built with the vulnerable firmware.
- A patched firmware version was released to prevent further abuse.
- Galaxy Research said at least 1,367.05 BTC, worth about $88.6 million, was stolen.
- Chainalysis said the attacker targeted high-value wallets first and moved quickly.
Read More: https://therecord.media/bitcoin-theft-coldcard-cyberattack