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Hackers steal over $130M by exploiting bug in offline hardware wallets

TechCrunchAugust 4, 20263 min read

A security vulnerability in the cryptocurrency hardware wallet Coldcard is allowing hackers to drain the crypto from victims’ wallets. The total losses amount to more than $130 million, according to blockchain-monitoring firms.

Hackers are in the midst of a massive theft of cryptocurrency from supposedly secure offline hardware wallets, according to blockchain security firms monitoring the heists. At least a dozen different hackers are said to be targeting Bitcoin owners who use the hardware crypto wallet Coldcard, made by Coinkite. At this point, it’s unclear…

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