Hackers hit Bitcoin’s safest hiding place in ongoing attack - The Economic Times

Hackers exploited a software flaw in Coldcard Bitcoin wallets, causing significant financial losses. This vulnerability affected the security keys used to protect user cryptocurrency holdings. Millions of dollars have been siphoned from thousands of compromised wallets globally. The flaw involved a predictable seed phrase generation mechanism within the devices. Coinkite has released updated firmware to address the ongoing security breach.

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