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CRITICAL Cybersecurity

Coldcard offline hardware wallet flaw reportedly enabled $130M theft

Source headline: Hackers steal over $130 million by exploiting bug in offline hardware wallets

Threat level Critical
Signal strength 85/100
Source confidence 1 source
Published 3 hours ago

Intelligence Summary

A vulnerability in the Coldcard offline cryptocurrency hardware wallet is being linked to large-scale thefts. Reports from blockchain monitoring firms estimate losses exceeding $130 million. Attackers are said to exploit the wallet bug to drain funds from affected users. The impact highlights that even offline devices can be compromised through implementation weaknesses. Coldcard owners should review vendor guidance and apply any available fixes or mitigations immediately.

Recommended Action

Prioritize immediate review, validate exposure, and patch or mitigate affected systems.

Topics

#vulnerability #cryptocurrency-theft #coldcard #hardware-wallet #offline-devices
Original reporting TechCrunch Hackers steal over $130 million by exploiting bug in offline hardware wallets
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