Now Reading: At Least 15 Attackers Exploited Coldcard Wallet Flaw, Researcher Says
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At Least 15 Attackers Exploited Coldcard Wallet Flaw, Researcher Says
At least 15 attackers exploited a vulnerability in Coldcard hardware wallets, with losses estimated at around $100 million, Gadgets 360 reports. Alex Thorn, chief researcher at Galaxy Digital, linked the incidents to…
The Story in Brief
At least 15 attackers exploited a vulnerability in Coldcard hardware wallets, with losses estimated at around $100 million, Gadgets 360 reports. Alex Thorn, chief researcher at Galaxy Digital, linked the incidents to successive waves of coordinated thefts involving the same flaw. The estimate may change as investigators gather more information.
Reports from victims helped investigators connect separate incidents and identify attackers who might otherwise have remained anonymous. Gadgets 360 also mentions artificial intelligence as a growing factor in cyberattacks, but gives no technical details linking it to these thefts. The available account does not establish the full scale or coordination of the attacks.
The Indian Opinion
Claims that hardware wallets are either completely safe or fundamentally useless are both too sweeping. This case points to a specific vulnerability, while the reported $100 million loss remains an estimate rather than a settled figure. The reference to artificial intelligence adds little without technical evidence. The useful test is whether investigators can confirm the flaw, identify more victims and narrow the loss figure.
Source: gadgets360.com
This story was synthesised by AI from the source linked above.
Updated: this story now draws on 1 sources.
