source avatarBitKE

Share

CASE STUDY | Why This Cold Wallet Exploit Exposes a Big Bitcoin Hardware Security Vulnerability The theft of more than 1,000 BTC worth about $70 million from vulnerable Coldcard Bitcoin wallets marks one of the most significant hardware wallet compromises to date because attackers never needed physical access to the devices or users’ recovery phrases. Researchers now estimate that 1,082.65 BTC was stolen from 1,196 wallets in a coordinated sweep that lasted just 41 minutes on July 30, nearly doubling the initial estimate of 594 BTC. Deep dive: https://t.co/im0PmSsApz #BitcoinHack #CryptoPrecedent #BitcoinPrecedent #BitKECaseStudy

No.0 picture
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.