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Coldcard Mk3 Users Warned: 594 BTC Stolen in Massive Attack on 500 Addresses

July 31, 202606:47 AM

A critical vulnerability in the Coldcard Mk3 hardware wallet has led to the theft of 594 BTC, valued at approximately $420 million, from 500 distinct addresses. The company has issued an urgent warning to users, stating this reflects their preliminary analysis with a formal technical review forthcoming. The attack represents one of the largest Bitcoin thefts from hardware wallets, highlighting persistent risks within the crypto ecosystem.

As Coldcard investigates, security experts recommend users move their funds to alternative wallets until the vulnerability is fully identified and patched. This incident serves as a stark reminder about the importance of hardware wallet security in the cryptocurrency market, with the stolen amount equivalent to $420 million, a figure that draws attention from investors and regulators alike.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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