source avatarBitcoin News

Share

BLOCK WARNS COLDCARD VULNERABILITY MAY HAVE ENABLED ONGOING WALLET DRAINS Block says it began investigating reports of non-Bitkey wallets being remotely drained and identified two vulnerabilities affecting Coldcard Mk2, Mk3, Mk4, Q, and Mk5 devices at varying levels. According to Block, vulnerable firmware generated wallet seeds with far less randomness than intended, potentially making some wallets predictable to attackers. The company warns the attack is likely ongoing and says simply importing an affected seed into a different wallet does not eliminate the risk, as the seed itself remains compromised. Block says no Bitkey or other Block products are affected and that it disclosed its findings to Coinkite before publishing its report.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.