CP24·4 min read·medium

More than $140M drained from Canada-made device

A
Aarjavee Raaj
More than $140M drained from Canada-made device
AI Summary

Over $140 million in Bitcoin has been stolen from users of Coldcard hardware wallets produced by the Canadian company Coinkite. The breach is linked to a software vulnerability introduced in a 2021 update.

Thousands of accounts were hacked and more than US$100 million (roughly C$140 million) in bitcoin was stolen after a flaw was revealed in security devices sold by a Canada-based company.

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