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594 BTC drained in 25 minutes as Coldcard flaw sparks alarm

Covered by 2 sources · 2 articles

2 outlets - including Cryptoticker and Cryptopolitan - are covering this story. A firmware bug from March 2021 let an attacker drain $38 million from around 500 Bitcoin wallets. Here is what broke, who is exposed and what to do now.

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594 BTC Gone in 25 Minutes: The Coldcard Flaw That Made Seed Phrases Guessable
CryptoTicker Jul 31, 14:54 UTC

594 BTC Gone in 25 Minutes: The Coldcard Flaw That Made Seed Phrases Guessable

A firmware bug from March 2021 let an attacker drain $38 million from around 500 Bitcoin wallets. Here is what broke, who is exposed and what to do now.

594 BTC drained in 25 minutes as Coldcard flaw sparks alarm
Cryptopolitan News Jul 31, 07:56 UTC

594 BTC drained in 25 minutes as Coldcard flaw sparks alarm

Coinkite has warned owners of its Coldcard Mk3 hardware wallet that any Bitcoin seed generated since March 2021 may be vulnerable after discovering a flaw that could make those seeds predictable. The warning came the same day about 594 BTC—…