$38M in Bitcoin Drained by Coldcard Key Flaw Its Maker Thinks AI Found

According to Decrypt, Coinkite has reported a significant security flaw in its Coldcard hardware wallets that has led to approximately $38 million being drained from user accounts. The company suspects that an attacker utilized AI to identify the vulnerability, which allowed guessable seed generations instead of the intended secure hardware method. Affected users have been advised to generate new seeds on updated devices, as existing weak seeds cannot be repaired. Read the full story at Decrypt . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.