Coldcard Adds New Security Measures After $130 Million Bitcoin Exploit

According to Decrypt, Coinkite has introduced an update for its Coldcard Bitcoin wallets following a significant security breach that resulted in thefts of approximately $130 million. The new firmware mandates users to introduce additional randomness during seed generation and addresses various vulnerabilities identified in a recent comprehensive assessment. Coinkite is collaborating with law enforcement to investigate the incidents while advising users to migrate their funds to newly generated wallets. 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.