At Least 15 Attackers Exploited Coldcard Wallet Flaw, Researcher Says

The Story in Brief

At least 15 attackers exploited a vulnerability in Coldcard hardware wallets, according to Alex Thorn, chief researcher at Galaxy Digital. Successive waves of coordinated thefts were linked to the same flaw, with total losses estimated at about $100 million.

Victim reports helped investigators connect separate incidents and identify possible attackers. The estimate may change as more information emerges. The source also mentions artificial intelligence as a growing factor in cyberattacks, but gives no technical details linking it to these thefts.

The Indian Opinion

The reported losses show that hardware wallets are not risk-free. However, the available information is limited, and the $100 million estimate is not final. Claims about artificial intelligence should be treated cautiously without technical evidence. Victim reports appear to have aided the investigation, but the attacks’ full scale and coordination remain uncertain.

Source: gadgets360.com

This story was synthesised by AI from the source linked above.

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