TechCrunch·4 min read·medium
Hackers steal over $130 million by exploiting bug in offline hardware wallets
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Lorenzo Franceschi-Bicchierai
✦AI Summary
Hackers have stolen over $130 million from users of Coldcard hardware wallets by exploiting a vulnerability in how the devices generate seed phrases. This breach challenges the perceived security of offline 'cold' storage solutions for cryptocurrency.
Hackers are in the midst of a massive theft of cryptocurrency from supposedly secure offline hardware wallets, according to blockchain security firms monitoring the heists.
technologycryptobusiness
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