Losses Top $115M In Coldcard Bitcoin Hack: Galaxy Research

According to Bitcoin Magazine, Galaxy Research has reported that over $115 million in bitcoin has been lost due to a hack affecting Coldcard hardware wallets. The attack, linked to a firmware bug in the Coldcard Mk3 devices, allowed hackers to exploit weak seed generation methods. Coinkite, the manufacturer, has advised users to update their software or transfer their funds to different storage solutions to prevent further losses. Read the full story at Bitcoin Magazine . 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.