Coinkite Flags Security Risk For Coldcard Bitcoin WalletsCoinkite, the company behind Coldcard Bitcoin hardware wallets, has issued a security advisory for Mk3 devices.The issue affects seeds generated on Coldcard Mk3 devices running firmware versions 4.0.1 through 5.0.3 released between 2021 and 2023. Users with single signature wallets are urged to move funds immediately.Earlier, blockchain researchers reported about 594.5 $BTC drained from about 500 addresses.Coinkite has not confirmed a connection betwe ...

Coldcard issues Mk3 seed warning after 594 BTC theft raises security concernsCoinkite warned that wallets created on Coldcard Mk3 devices running firmware versions 4.0.1 through 5.0.3 may be at risk due to a seed generation flaw. Users are advised to migrate funds immediately. The warning comes as investigators continue probing the recent theft of 594 BTC from hundreds of single-signature wallets, though no evidence has confirmed a link between the two incidents. ...