A vulnerability in Coldcard software has led to the theft of up to 89 million dollars in Bitcoin from over 1,200 digital wallets. Users are warned to take urgent measures.
Liviu Brăteanu
International
Foto: unsplash.com
Always see our news on Google
A recently discovered vulnerability in Coldcard software has led to the disappearance of up to 89 million dollars in Bitcoin, triggering an alert in the crypto community. According to Fox News, attackers exploited a programming error in certain versions of the Coldcard firmware, which allowed access to the wallet's recovery phrase, the key needed to transfer funds. The first wave of the attack occurred on July 30, when 1,000 Bitcoin were quickly transferred from 1,196 wallets. Coinkite, the manufacturer of Coldcard, released a firmware update, but users with affected wallets need to create a new wallet to protect their funds. CEO Rodolfo Novak emphasized the urgency of the situation, urging users to act quickly. Experts warn that attacks may continue, and unsecured users are advised to transfer their assets immediately.
Sources
Latest News
15:57
Tourists in the Danube Delta are showing concern about the RO-Alert messages, while accommodation unit owners are reporting cancellations of reservations.
15:54
An analysis by the European Policy Centre calls for the new Arctic strategy of the EU to include security and the risks of a possible Russian attack.
15:50
Italy will propose to EU member states the establishment of centers for migrants outside the community bloc.
15:50
Veterinarians in the European Union will have to justify more strictly the use of certain antibiotics outside of authorized indications.
15:50
The Commission is preparing rules for AI in the workplace, the right to disconnect, and subcontracting chains.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
