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CBC·3 min read·medium

What we know about ongoing Coldcard hack that's stolen over $100M worth of bitcoin

What we know about ongoing Coldcard hack that's stolen over $100M worth of bitcoin
AI Summary

Hackers have exploited a software vulnerability in Coldcard hardware wallets, resulting in the theft of over $100 million in bitcoin. The flaw allowed attackers to reconstruct user seed phrases without physical access to the devices.

Hackers reportedly drained more than $100 million US worth of bitcoin from Coldcard hard wallets, according to blockchain intelligence firm Galaxy Research .

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